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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h +0.005%
Price spread now: Variational Omni against OKX+0.187%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
The price spread pays, funding is against you. Variational Omni is 0.187% dearer against OKX than usual: you sell high and buy low (spread +0.187% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GMT-USDT-SWAP0.0085670.0100pay 0.0050% / 4h1h 56m$390K$1.2M20x
ShortVariational Omni GMT0.0085830.0013get 0.0013% / 8h5h 56m$4K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
−$18.37
Price spread: +0.187% → 0.000%
$18.66
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$9.71
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago4.66 bp44.7 bp −$45doesn't fitdoesn'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.

GMT on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSD−0.1643%1h0.008578+0.133%$43K$13K20xas long as short
KuCoin GMTUSDTM+0.0002%4h0.008570+0.035%$243K$201K50xas long as short
Variational Omni GMTshort+0.0013%8h0.008583+0.187%$4K$6K
Hyperliquid GMT+0.0100%1h0.008575+0.093%$121K$151K3xas long as short
Aster GMTUSDT+0.0100%4h0.008583+0.185%$7K$22K10xas long as short
Binance GMTUSDT+0.0100%4h0.008572+0.058%$2.9M$5.2M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008569+0.023%$1.1M$2.0M50xas long as short
OKX GMT-USDT-SWAPlong+0.0100%4h0.008567long leg$390K$1.2M20x
Gate GMT_USDT+0.0100%8h0.008570+0.035%$139K$175K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008572+0.058%$449K$194K20xas long as short
Show all 12 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008577+0.117%$725K$667K50xas long as short
BingX GMT-USDT+0.0100%4h0.008577+0.117%$1.3Mas long as short