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

CORE

all CORE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.035%
Price spread now: Bybit against Variational Omni+0.295%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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.295% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CORE0.02155−0.0328get 0.0328% / 8h2h 23m$8K$1K
ShortBybit COREUSDT0.02161−0.0128pay 0.0128% / 8h2h 23m$1.4M$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$41.96
Price spread: +0.295% → 0.000%
$29.5
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$60.46
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago9.26 bp37.3 bp −$37278.3 bp −$2,783doesn'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.

CORE on 6 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 CORElong−0.0328%8h0.02155long leg$8K$1K
Bybit COREUSDTshort−0.0128%8h0.02161+0.295%$1.4M$1.0M20x
Gate CORE_USDT+0.0046%8h0.02168+0.620%$155K$168K25xas long as short
OKX CORE-USDT-SWAP+0.0100%8h0.02166+0.527%$1.7M$4.3M20xas long as short
MEXC CORE_USDT+0.0151%8h0.02167+0.573%$798K$214K100xas long as short
BingX CORE-USDT+0.0151%8h0.02167+0.573%$1.3Mas long as short