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

ALT

all ALT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0041%/8h= −4.5% APRnext payment $0.21 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against BloFin−0.082%296s7-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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.082% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 296 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ALT-USDT0.0075520.0141pay 0.0071% / 4h2h 44m$172K$10K50x
ShortVariational Omni ALT0.0075460.0100get 0.0050% / 4h2h 44m$5K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$8.68
Price spread: −0.082% → 0.000%
−$8.17
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$28.85
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 7 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 BloFin live order book, 7 min ago1.99 bp22.4 bp −$2268.0 bp −$680doesn'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.

ALT on 14 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
Hyperliquid ALT+0.0100%1h0.007567+0.199%$1.1M$188K3xas long as short
Binance ALTUSDT+0.0100%4h0.007569+0.228%$2.6M$3.6M50xas long as short
Bybit ALTUSDT+0.0100%4h0.007565+0.172%$1.2M$1.6M25xas long as short
Gate ALT_USDT+0.0100%8h0.007561+0.119%$52K$397K25xas long as short
MEXC ALT_USDT+0.0100%4h0.007573+0.278%$406K$184K50xas long as short
KuCoin ALTUSDTM+0.0100%4h0.007578+0.344%$150K$20K30xas long as short
Bitget ALTUSDT+0.0100%4h0.007564+0.159%$600K$114K50xas long as short
BingX ALT-USDT+0.0100%4h0.007569+0.225%$1.3Mas long as short
Variational Omni ALTshort+0.0100%4h0.007546−0.082%$5K$13K
BloFin ALT-USDTlong+0.0141%4h0.007552long leg$172K$10K50x
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALTUSD+0.0208%1h0.007581+0.381%$44K$8K10xas long as short
Coinbase International ALT-PERP-INTX+0.0432%1h0.007598+0.609%$14K$3K50xas long as short
Deribit ALT_USDC-PERPETUAL+0.0543%1h0.007577+0.331%$025xas long as short
Injective ALT/USDC PERP+0.5000%1h0.007604+0.689%$827$4K5.5xas long as short