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

TMF

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0295%/8h= +32.3% APRnext payment +$2.95 per $10,000 · paid last 24h +0.020%
Price spread now: Variational Omni against OKX+0.033%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
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Variational Omni is 0.033% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX TMF-USDT-SWAP29.7700.0760pay 0.0760% / 8h1h 34m$149K$137K20x
ShortVariational Omni TMF29.7800.1055get 0.1055% / 8h1h 34m$29K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
$61.91
Price spread: +0.033% → 0.000%
$3.29
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$55.2
Costs to cover
0.100%
Break-even
0.8 days
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago8.40 bp135.4 bp −$135doesn't fitdoesn'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.

TMF on 9 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
edgeX TMFUSDC−0.0133%4h29.780+0.034%$13K$286K10xas long as short
Bitget TMFUSDT−0.0020%8h29.771+0.003%$161K$89K20xas long as short
Bybit TMFUSDT0.0000%8h29.740−0.101%$162K$54K25xas long as short
Gate TMF_USDT0.0000%8h29.730−0.134%$51K$7K20xas long as short
HTX TMF-USDT0.0000%8h29.790+0.067%$9K$252K10xas long as short
OKX TMF-USDT-SWAPlong+0.0760%8h29.770long leg$149K$137K20x
Variational Omni TMFshort+0.1055%8h29.780+0.033%$29K$6K
MEXC TMF_USDT+0.1145%8h29.760−0.034%$632K$90K20xas long as short
Binance TMFUSDT+0.1147%8h29.778+0.025%$1.2M$513K25xas long as short