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−0.0436%/8h= −47.7% APRnext payment $2.18 per $10,000 · paid last 24h −0.120%
Price spread now: Variational Omni against KuCoin+0.481%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
The price spread pays, funding is against you. Variational Omni is 0.481% dearer against KuCoin than usual: you sell high and buy low (spread +0.481% now, against zero (this spread has no 7-day history yet)): +$48 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.020000.0536pay 0.0268% / 4h3h 21m$844K$12.4M20x
ShortVariational Omni 40.020100.0100get 0.0050% / 4h3h 21m$45K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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
−$91.56
Price spread: +0.481% → 0.000%
$48.14
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$55.42
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago7.49 bp281.6 bp −$282doesn'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%4h0.02000−0.010%$2.6M$2.0M5xas long as short
Gate 4_USDT+0.0100%4h0.01999−0.070%$535K$297K20xas long as short
Variational Omni 4short+0.0100%4h0.02010+0.481%$45K$8K
SunX 4-USDT+0.0100%4h0.02001+0.050%$2K$1.4M20xas long as short
Aster 4USDT+0.0176%4h0.02000+0.020%$238K$110K5xas long as short
MEXC 4_USDT+0.0178%4h0.02006+0.300%$1.6M$932K100xas long as short
Binance 4USDT+0.0179%4h0.02002+0.115%$7.8M$13.2M20xas long as short
BingX 4-USDT+0.0184%4h0.02000+0.020%$1.4Mas long as short
KuCoin 4USDTMlong+0.0536%4h0.02000long leg$844K$12.4M20x