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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Variational Omni against HTX+0.116%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
The price spread pays, funding is against you. Variational Omni is 0.116% dearer against HTX than usual: you sell high and buy low (spread +0.116% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX TER-USDT377.690.0100pay 0.0100% / 8h41m 22s$3K$39K10x
ShortVariational Omni TER378.130get 0.0000% / 8h41m 22s$48K$52K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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
−$21
Price spread: +0.116% → 0.000%
$11.55
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$21.45
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample
Sell Variational Omni no order-book sample
HTX and 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−0.0305%8h378.08+0.103%$240K$157K20xas long as short
Binance TERUSDT0.0000%8h378.32+0.165%$522K$1.0M25xas long as short
Bybit TERUSDT0.0000%8h378.46+0.204%$252K$129K25xas long as short
OKX TER-USDT-SWAP0.0000%8h378.35+0.175%$204K$178K20xas long as short
Gate TER_USDT0.0000%8h378.40+0.188%$295K$211K20xas long as short
Variational Omni TERshort0.0000%8h378.13+0.116%$48K$52K
Extended TER_24_5-USD+0.0040%1h378.71+0.271%$36K$4K10xas long as short
KuCoin TERUSDTM+0.0100%8h377.96+0.071%$229K$81K20xas long as short
HTX TER-USDTlong+0.0100%8h377.69long leg$3K$39K10x
Paragon para:TER+0.0108%1h378.66+0.257%$121K$52K10xas long as short