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

IO

all IO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0008%/8h= +0.8% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%
Price spread now: Variational Omni against BloFin−0.071%71s7-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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.071% cheaper against BloFin than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin IO-USDT0.15060.0092pay 0.0046% / 4h2h 03m$193K$30K50x
ShortVariational Omni IO0.15050.0100get 0.0050% / 4h2h 03m$30K$5K

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
$1.61
Price spread: −0.071% → 0.000%
−$7.09
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$17.48
Costs to cover
0.120%
Break-even
82.8 days
Slippage unknown: BloFin: live order book, 11 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, 11 min ago6.61 bp14.7 bp −$1546.6 bp −$466doesn'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.

IO 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
Injective IO/USDC PERP−0.0157%1h0.1516+0.664%$2K$1035.5xas long as short
BloFin IO-USDTlong+0.0092%4h0.1506long leg$193K$30K50x
Hyperliquid IO+0.0100%1h0.1507+0.073%$1.0M$388K3xas long as short
Aster IOUSDT+0.0100%4h0.1508+0.144%$6K$32K5xas long as short
Binance IOUSDT+0.0100%4h0.1508+0.133%$3.0M$6.4M50xas long as short
Bybit IOUSDT+0.0100%4h0.1505−0.100%$1.1M$867K25xas long as short
Gate IO_USDT+0.0100%4h0.1508+0.159%$231K$542K50xas long as short
MEXC IO_USDT+0.0100%4h0.15060.000%$1.1M$240K125xas long as short
KuCoin IOUSDTM+0.0100%4h0.15060.000%$400K$654K50xas long as short
Bitget IOUSDT+0.0100%4h0.1507+0.066%$1.3M$1.2M50xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX IO-USDT+0.0100%4h0.15060.000%$1.3Mas long as short
Variational Omni IOshort+0.0100%4h0.1505−0.071%$30K$5K
Extended IO-USD+0.0104%1h0.1507+0.053%$5K$171K5xas long as short
Kraken Futures PF_IOUSD+0.5450%1h0.1509+0.171%$39K$21K10xas long as short