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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0297%/8h= −32.5% APRnext payment $1.49 per $10,000 · paid last 24h −0.014%
Price spread now: Variational Omni against Bitget+0.067%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 0.067% dearer against Bitget than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUSDT1.35200.1194pay 0.0597% / 4h3h 14m$1.8M$256K10x
ShortVariational Omni M1.35290.0897get 0.0448% / 4h3h 14m$90K$19K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$62.39
Price spread: +0.067% → 0.000%
$6.69
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$67.7
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago11.84 bp50.0 bp −$50566.7 bp −$5,667doesn'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.

M on 12 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
Gate M_USDT+0.0100%8h1.3510−0.074%$1.8M$911K10xas long as short
Orderly PERP_M_USDC+0.0100%4h1.3521+0.007%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.3527+0.052%$2K$903K20xas long as short
Aster MUSDT+0.0195%4h1.3508−0.092%$12K$83K5xas long as short
Bybit MUSDT+0.0302%4h1.3526+0.044%$4.2M$1.7M20xas long as short
BloFin M-USDT+0.0438%4h1.3525+0.037%$345K$456K10xas long as short
Binance MUSDT+0.0458%4h1.3519−0.007%$5.4M$3.9M10xas long as short
MEXC M_USDT+0.0470%4h1.3524+0.030%$245K$114K50xas long as short
Variational Omni Mshort+0.0897%4h1.3529+0.067%$90K$19K
BingX M-USDT+0.1122%4h1.3525+0.037%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MUSDTlong+0.1194%4h1.3520long leg$1.8M$256K10x
KuCoin MUSDTM+0.1924%4h1.3396−0.917%$1.3M$3.6M10xas long as short