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

PUNDIX

all PUNDIX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0043%/8h= −4.8% APRnext payment $0.22 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Variational Omni+0.022%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. MEXC is 0.022% dearer against Variational Omni than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 40 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PUNDIX0.11740.0143pay 0.0072% / 4h2h 06m$85$40K
ShortMEXC PUNDIX_USDT0.11750.0100get 0.0050% / 4h2h 06m$2.4M$107K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$9.13
Price spread: +0.022% → 0.000%
$2.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$10.95
Costs to cover
0.040%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 1 min ago. 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 MEXC live order book, 1 min ago2.98 bp33.1 bp −$3365.8 bp −$658168.5 bp −$16.9Kdoesn't fit
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.

PUNDIX on 7 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
BingX PUNDIX-USDT+0.0070%4h0.1175+0.073%$1.2Mas long as short
Binance PUNDIXUSDT+0.0100%4h0.1175+0.052%$1.3M$1.7M50xas long as short
Bybit PUNDIXUSDT+0.0100%4h0.1176+0.158%$746K$435K20xas long as short
Gate PUNDIX_USDT+0.0100%4h0.1174−0.029%$37K$11K20xas long as short
MEXC PUNDIX_USDTshort+0.0100%4h0.1175+0.022%$2.4M$107K50x
Bitget PUNDIXUSDT+0.0100%4h0.1174−0.063%$228K$218K20xas long as short
Variational Omni PUNDIXlong+0.0143%4h0.1174long leg$85$40K