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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0140%/8h= −15.3% APRnext payment $0.70 per $10,000 · paid last 24h −0.144%
Price spread now: Variational Omni against Gate+0.193%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 3 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
The price spread pays, funding is against you. Variational Omni is 0.193% dearer against Gate than usual: you sell high and buy low (spread +0.193% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate 4_USDT0.022310.0240pay 0.0120% / 4h2h 28m$608K$230K20x
ShortVariational Omni 40.022350.0100get 0.0050% / 4h2h 28m$54K$9K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
−$29.4
Price spread: +0.193% → 0.000%
$19.27
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.13
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 57 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 Gate live order book, 57 min ago12.36 bp850.0 bp −$850doesn'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.

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%4h0.02237+0.300%$3.0M$1.6M5xas long as short
Variational Omni 4short+0.0100%4h0.02235+0.193%$54K$9K
SunX 4-USDT+0.0100%4h0.02237+0.287%$2K$958K20xas long as short
BingX 4-USDT+0.0232%4h0.02242+0.498%$1.3Mas long as short
Binance 4USDT+0.0234%4h0.02239+0.394%$8.7M$10.3M20xas long as short
MEXC 4_USDT+0.0238%4h0.02238+0.332%$2.1M$805K100xas long as short
Gate 4_USDTlong+0.0240%4h0.02231long leg$608K$230K20x
Aster 4USDT+0.0368%4h0.02239+0.356%$255K$92K5xas long as short
KuCoin 4USDTM+0.0442%4h0.02238+0.332%$933K$13.2M20xas long as short