Funding arb · Price arb /

URNM

RWAall URNM markets

Swap Backtest

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 +0.052%

Price spread now: Variational Omni against SunX+0.069%45s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

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 days—no 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: Variational Omni is 0.069% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX URNM-USDT	52.110	0	get 0.0000% / 8h	3h 02m	$1K	$1.3M	10x
Short	Variational Omni URNM	52.146	0	get 0.0000% / 8h	3h 02m	$95K	$5K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee Variational OmnibpOrdersPrice spread, now +0.069%Rate

Funding earned: $0
Price spread: +0.069% → 0.000%: $6.88
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.12
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 12 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 12 min ago	500.38 bp	doesn't fit	doesn't fit	doesn't fit	doesn'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.

URNM on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin URNM-USDT	−0.0017%	8h	52.210	+0.192%	$53K	$2K	20x	as long as short
Aster URNMUSDT	0.0000%	8h	52.181	+0.136%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.160	+0.096%	$720K	$752K	20x	as long as short
OKX URNM-USDT-SWAP	0.0000%	8h	52.210	+0.192%	$217K	$89K	20x	as long as short
Gate URNM_USDT	0.0000%	8h	52.170	+0.115%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.160	+0.096%	$408K	$130K	50x	as long as short
Variational Omni URNMshort	0.0000%	8h	52.146	+0.069%	$95K	$5K	—
GRVT URNM_USDT_Perp	0.0000%	8h	52.160	+0.095%	$2K	$120K	10x	as long as short
SunX URNM-USDTlong	0.0000%	8h	52.110	long leg	$1K	$1.3M	10x
HTX URNM-USDT	0.0000%	8h	52.150	+0.077%	$5K	$3K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps URNM-USD.P	+0.0050%	1h	52.180	+0.134%	$2K	$3K	5x	as long as short
Pacifica URNM	+0.0100%	1h	52.163	+0.102%	$25K	$13K	10x	as long as short
tradeXYZ xyz:URNM	+0.0190%	1h	52.123	+0.025%	$1.4M	$422K	10x	as long as short