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 +0.144%

Price spread now: GRVT against Variational Omni+0.026%104s7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on GRVT

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 · GRVT: 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: GRVT is 0.026% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 104 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	Variational Omni URNM	52.146	0	get 0.0000% / 8h	3h 01m	$95K	$5K	—
Short	GRVT URNM_USDT_Perp	52.160	0	get 0.0000% / 8h	3h 01m	$2K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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

Position, each leg$Hold fordaysFee Variational OmnibpFee GRVTbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → 0.000%: $2.63
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$6.37
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; GRVT: live order book, 46 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell GRVT live order book, 46 min ago	5.75 bp	46.5 bp −$46	doesn't fit	doesn't fit	doesn'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.

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	+0.123%	$53K	$2K	20x	as long as short
Aster URNMUSDT	0.0000%	8h	52.179	+0.064%	$17K	$629	20x	as long as short
Binance URNMUSDT	0.0000%	8h	52.160	+0.027%	$720K	$752K	20x	as long as short
OKX URNM-USDT-SWAP	0.0000%	8h	52.210	+0.123%	$217K	$89K	20x	as long as short
Gate URNM_USDT	0.0000%	8h	52.170	+0.046%	$81K	$3K	20x	as long as short
MEXC URNM_USDT	0.0000%	8h	52.160	+0.027%	$408K	$130K	50x	as long as short
Variational Omni URNMlong	0.0000%	8h	52.146	long leg	$95K	$5K	—
GRVT URNM_USDT_Perpshort	0.0000%	8h	52.160	+0.026%	$2K	$120K	10x
SunX URNM-USDT	0.0000%	8h	52.100	−0.088%	$1K	$1.3M	10x	as long as short
HTX URNM-USDT	0.0000%	8h	52.150	+0.008%	$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	+0.065%	$2K	$3K	5x	as long as short
Pacifica URNM	+0.0100%	1h	52.163	+0.033%	$25K	$13K	10x	as long as short
tradeXYZ xyz:URNM	+0.0191%	1h	52.123	−0.044%	$1.4M	$422K	10x	as long as short