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+0.0488%/8h= +53.4% APRnext payment +$2.44 per $10,000 · paid last 24h +0.111%
Price spread now: MEXC against Variational Omni−0.819%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 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
Funding pays, the price is against you. MEXC is 0.819% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.819% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$82 on $10k: about 5.6 days of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.020840.0100pay 0.0050% / 4h2h 46m$48K$8K
ShortMEXC 4_USDT0.020670.0588get 0.0294% / 4h2h 46m$1.6M$881K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$102.48
Price spread: −0.819% → 0.000%
−$81.94
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$16.54
Costs to cover
0.040%
Break-even
5.9 days
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago7.19 bp18.6 bp −$19112.4 bp −$1,124263.4 bp −$26.3Kdoesn'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
Variational Omni 4long+0.0100%4h0.02084long leg$48K$8K
SunX 4-USDT+0.0100%4h0.02069−0.723%$1K$1.2M20xas long as short
Bybit 4USDT+0.0108%4h0.02067−0.824%$2.7M$1.8M5xas long as short
Gate 4_USDT+0.0430%4h0.02074−0.503%$561K$260K20xas long as short
Aster 4USDT+0.0447%4h0.02065−0.895%$241K$99K5xas long as short
KuCoin 4USDTM+0.0564%4h0.02067−0.819%$902K$12.7M20xas long as short
Binance 4USDT+0.0576%4h0.02068−0.769%$7.9M$11.9M20xas long as short
MEXC 4_USDTshort+0.0588%4h0.02067−0.819%$1.6M$881K100x
BingX 4-USDT+0.0622%4h0.02070−0.675%$1.4Mas long as short