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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0093%/8h= −10.2% APRnext payment $0.46 per $10,000 · paid last 24h −0.109%
Price spread now: Variational Omni against Binance−0.288%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.288% cheaper against Binance than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 4USDT0.020140.0193pay 0.0096% / 4h3h 54m$7.9M$13.1M20x
ShortVariational Omni 40.020080.0100get 0.0050% / 4h3h 54m$45K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$19.47
Price spread: −0.288% → 0.000%
−$28.81
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$58.28
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 16 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 Binance live order book, 16 min ago2.72 bp29.1 bp −$29253.2 bp −$2,532doesn'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.

4 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
Bybit 4USDT+0.0100%4h0.02011−0.139%$2.6M$2.0M5xas long as short
Variational Omni 4short+0.0100%4h0.02008−0.288%$45K$8K
SunX 4-USDT+0.0100%4h0.02011−0.134%$1K$1.3M20xas long as short
BingX 4-USDT+0.0188%4h0.02016+0.094%$1.4Mas long as short
MEXC 4_USDT+0.0190%4h0.02012−0.084%$1.5M$906K100xas long as short
Binance 4USDTlong+0.0193%4h0.02014long leg$7.9M$13.1M20x
Aster 4USDT+0.0238%4h0.02012−0.084%$240K$111K5xas long as short
KuCoin 4USDTM+0.0678%4h0.02011−0.134%$848K$12.4M20xas long as short
Gate 4_USDT+0.1968%4h0.02018+0.219%$540K$290K20xas long as short