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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0564%/8h= +61.7% APRnext payment +$2.82 per $10,000 · paid last 24h +0.091%
Price spread now: Binance against Variational Omni+0.160%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
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.160% dearer against Variational Omni than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.021650.0100pay 0.0050% / 4h3h 57m$50K$8K
ShortBinance 4USDT0.021690.0664get 0.0332% / 4h3h 57m$8.4M$11.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$118.36
Price spread: +0.160% → 0.000%
$15.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$124.34
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 13 min ago. 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 Variational Omni no order-book sample
Sell Binance live order book, 13 min ago1.84 bp32.7 bp −$33133.8 bp −$1,338doesn't fitdoesn'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.

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%4h0.02168+0.122%$2.9M$1.7M5xas long as short
Variational Omni 4long+0.0100%4h0.02165long leg$50K$8K
SunX 4-USDT+0.0100%4h0.02163−0.095%$2K$1.1M20xas long as short
Aster 4USDT+0.0462%4h0.02166+0.048%$248K$95K5xas long as short
KuCoin 4USDTM+0.0576%4h0.02162−0.141%$949K$12.9M20xas long as short
MEXC 4_USDT+0.0660%4h0.02164−0.049%$1.9M$842K100xas long as short
Binance 4USDTshort+0.0664%4h0.02169+0.160%$8.4M$11.2M20x
BingX 4-USDT+0.0722%4h0.02174+0.395%$1.4Mas long as short
Gate 4_USDT+0.1952%4h0.02167+0.085%$588K$237K20xas long as short