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

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.41 per $10,000 · paid last 24h +0.187%
Price spread now: Aster against Variational Omni−0.073%7-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 · Aster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.073% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NOT0.00050640.0017pay 0.0009% / 4h3h 24m$66K$34K
ShortAster NOTUSDT0.00050600.0100get 0.0050% / 4h3h 24m$14K$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$17.33
Price spread: −0.073% → 0.000%
−$7.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$2.07
Costs to cover
0.080%
Break-even
6.2 days
Slippage unknown: Variational Omni: no order-book sample; Aster: 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 Variational Omni no order-book sample
Sell Aster no order-book sample
Variational Omni and Aster: 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.

NOT on 16 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 NOTlong+0.0017%4h0.0005064long leg$66K$34K
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.753%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0061%4h0.0005054−0.199%$112K$17K50xas long as short
Lighter 1000NOT+0.0096%1h0.0005063−0.017%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005060−0.080%$371K$66K3xas long as short
Aster NOTUSDTshort+0.0100%4h0.0005060−0.073%$14K$13K5x
Binance NOTUSDT+0.0100%4h0.0005052−0.240%$2.1M$3.2M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005056−0.159%$2.1M$856K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005051−0.258%$604K$599K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005057−0.140%$141K$81K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.0005053−0.219%$1.4M$481K200xas long as short
KuCoin NOTUSDTM+0.0100%4h0.0005055−0.179%$490K$122K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005062−0.041%$666K$390K50xas long as short
BingX NOT-USDT+0.0100%4h0.0005059−0.100%$7.3Mas long as short
Extended kNOT-USD+0.0104%1h0.0005055−0.185%$4K$1K5xas long as short
Kraken Futures PF_NOTUSD+0.6417%1h0.0005094+0.584%$49K$9K10xas long as short