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

TER

RWAall TER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.012%7-day average · you sell dearer than you buy
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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit TERUSDT376.330get 0.0000% / 8h1h 34m$250K$183K25x
ShortVariational Omni TER376.370get 0.0000% / 8h1h 34m$48K$52K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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
$0
Price spread: +0.012% → 0.000%
$1.17
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.83
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 55 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 Bybit live order book, 55 min ago15.48 bp139.7 bp −$140245.0 bp −$2,450doesn'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 TERUSDT−0.0240%8h376.47+0.037%$249K$152K20xas long as short
Binance TERUSDT0.0000%8h376.37+0.011%$521K$1.0M25xas long as short
Bybit TERUSDTlong0.0000%8h376.33long leg$250K$183K25x
OKX TER-USDT-SWAP0.0000%8h376.61+0.074%$204K$178K20xas long as short
Gate TER_USDT0.0000%8h376.50+0.045%$293K$214K20xas long as short
Variational Omni TERshort0.0000%8h376.37+0.012%$48K$52K
Extended TER_24_5-USD+0.0040%1h378.69+0.627%$36K$4K10xas long as short
KuCoin TERUSDTM+0.0100%8h376.40+0.019%$228K$88K20xas long as short
HTX TER-USDT+0.0100%8h376.49+0.043%$3K$39K10xas long as short
Paragon para:TER+0.1207%1h377.53+0.319%$120K$54K10xas long as short