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

TER

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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: OKX against Variational Omni+0.133%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.133% dearer against Variational Omni than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni TER379.540get 0.0000% / 8h2h 02m$48K$52K
ShortOKX TER-USDT-SWAP380.050get 0.0000% / 8h2h 02m$202K$174K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Variational Omni. 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: +0.133% → 0.000%
$13.34
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
$3.34
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 42 min ago. 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 Variational Omni no order-book sample
Sell OKX live order book, 42 min ago15.56 bp34.1 bp −$34doesn't fitdoesn't fitdoesn't fit
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−0.0228%8h380.06+0.136%$250K$151K20xas long as short
Binance TERUSDT0.0000%8h379.44−0.027%$531K$977K25xas long as short
Bybit TERUSDT0.0000%8h379.45−0.025%$250K$181K25xas long as short
OKX TER-USDT-SWAPshort0.0000%8h380.05+0.133%$202K$174K20x
Gate TER_USDT0.0000%8h379.50−0.011%$294K$228K20xas long as short
Variational Omni TERlong0.0000%8h379.54long leg$48K$52K
Extended TER_24_5-USD+0.0040%1h381.25+0.451%$36K$4K10xas long as short
KuCoin TERUSDTM+0.0100%8h379.07−0.125%$231K$89K20xas long as short
HTX TER-USDT+0.0100%8h379.62+0.020%$3K$39K10xas long as short
Paragon para:TER+0.0784%1h380.13+0.155%$121K$57K10xas long as short