Settings8H · net · $10k
Funding arb · Price arb /

TER

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0230%/8h= +25.2% APRnext payment +$2.30 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bitget−0.044%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TERUSDT378.21−0.0230get 0.0230% / 8h1m 46s$240K$156K20x
ShortVariational Omni TER378.040get 0.0000% / 8h1m 46s$48K$52K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$48.3
Price spread: −0.044% → 0.000%
−$4.39
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$31.91
Costs to cover
0.120%
Break-even
2.4 days
Slippage unknown: Bitget: live order book, 33 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 33 min ago15.34 bp63.6 bp −$6470.7 bp −$707doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

TER on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget TERUSDTlong−0.0230%8h378.21long leg$240K$156K20x
Binance TERUSDT0.0000%8h378.70+0.130%$523K$1.0M25xas long as short
Bybit TERUSDT0.0000%8h377.94−0.071%$252K$129K25xas long as short
OKX TER-USDT-SWAP0.0000%8h378.50+0.077%$205K$179K20xas long as short
Gate TER_USDT0.0000%8h377.90−0.082%$295K$213K20xas long as short
Variational Omni TERshort0.0000%8h378.04−0.044%$48K$52K
Extended TER_24_5-USD+0.0040%1h381.50+0.871%$36K$4K10xas long as short
KuCoin TERUSDTM+0.0100%8h377.93−0.074%$228K$110K20xas long as short
HTX TER-USDT+0.0100%8h378.68+0.124%$3K$39K10xas long as short
Paragon para:TER+0.1915%1h379.76+0.410%$121K$54K10xas long as short