Funding arb · Price arb /

DEEP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.010%

Price spread now: BingX against Variational Omni+0.945%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BingX

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.945% dearer against Variational Omni than usual: you sell high and buy low, +$95 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni DEEP	0.01940	0.0100	pay 0.0100% / 8h	2h 18m	$12K	$9K	—
Short	BingX DEEP-USDT	0.01958	0.0100	get 0.0050% / 4h	2h 18m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now +0.945%Rate

Funding earned: $0
Price spread: +0.945% → 0.000%: $94.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $84.55
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; BingX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell BingX live order book, 3 min ago	7.71 bp	36.7 bp −$37	105.1 bp −$1,051	643.5 bp −$64.4K	1100.8 bp −$550.4K

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.

DEEP on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bluefin DEEP-PERP	−0.1634%	1h	0.01951	+0.585%	$79K	$11K	20x	as long as short
BloFin DEEP-USDT	+0.0095%	8h	0.01948	+0.430%	$132K	$32K	50x	as long as short
Binance DEEPUSDT	+0.0100%	4h	0.01957	+0.894%	$2.1M	$6.2M	50x	as long as short
Bybit DEEPUSDT	+0.0100%	8h	0.01952	+0.636%	$4.2M	$2.9M	50x	as long as short
Gate DEEP_USDT	+0.0100%	4h	0.01957	+0.894%	$301K	$90K	50x	as long as short
MEXC DEEP_USDT	+0.0100%	4h	0.01958	+0.945%	$1.0M	$468K	100x	as long as short
KuCoin DEEPUSDTM	+0.0100%	4h	0.01958	+0.945%	$1.8M	$95K	20x	as long as short
Bitget DEEPUSDT	+0.0100%	4h	0.01957	+0.894%	$820K	$583K	50x	as long as short
BingX DEEP-USDTshort	+0.0100%	4h	0.01958	+0.945%	—	$6.6M	—
Variational Omni DEEPlong	+0.0100%	8h	0.01940	long leg	$12K	$9K	—

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended DEEP-USD	+0.0104%	1h	0.01957	+0.918%	$3K	$234K	5x	as long as short
Kraken Futures PF_DEEPUSD	+3.3282%	1h	0.01959	+1.020%	$8K	$10K	10x	as long as short