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

S

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.67 per $10,000 · paid last 24h +0.340%
Price spread now: BingX against Variational Omni+0.080%7-day average +0.135% · 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)+0.655%+$65 on $10k
Price spread, last 4 days (all we have)−0.641%−$64 · spread now +0.080%, 7d avg +0.135%
Together, before fees+0.014%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.056% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.080% now, against its 7-day average of +0.135%). If the spread goes back, that is −$6 on $10k: about 33 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.655% in total) that is about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni S0.04003−0.0033get 0.0017% / 4h3h 51m$620K$30K
ShortBingX S-USDT0.040060.0100get 0.0050% / 4h3h 51m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$27.96
Price spread: +0.080% → +0.135%
−$5.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$12.4
Costs to cover
0.100%
Break-even
3.9 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: 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 RFQ quote, 2 min ago6.26 bpdoesn't fit86.4 bp −$864doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago5.00 bp18.9 bp −$1960.9 bp −$609335.0 bp −$33.5K713.4 bp −$356.7K

S on 25 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
Kraken Futures PF_SUSD−0.2228%1h0.03999−0.105%$33K$13K10xas long as short
Coinbase International S-PERP-INTX−0.1344%1h0.03928−1.869%$47K$16K25xas long as short
01 Exchange SUSD−0.1184%1h0.03970−0.819%$25K$2K5xas long as short
GMX S/USD [WBTC.b-USDC]L −0.0206% / S +0.0198%1h0.04004+0.030%$1K100xas long as short
Reya SRUSDPERP−0.0101%1h0.04004+0.020%$415xas long as short
Variational Omni Slong−0.0033%4h0.04003long leg$620K$30K
gTrade (Gains Network) S/USDL +0.0001% / S +0.0006%1h0.04004+0.029%$617150xas long as short
Injective S/USDC PERP+0.0033%1h0.04100+2.428%$2K$37K12xas long as short
Orderly PERP_S_USDC+0.0076%4h0.04006+0.080%$99K$270K10xas long as short
Lighter S+0.0096%1h0.04012+0.230%$168K$155K5xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid S+0.0100%1h0.04007+0.110%$1.0M$594K5xas long as short
Aster SUSDT+0.0100%4h0.04012+0.235%$44K$140K10xas long as short
Binance SUSDT+0.0100%4h0.04006+0.072%$5.6M$14.0M75xas long as short
Bybit SUSDT+0.0100%4h0.03998−0.120%$5.7M$4.6M50xas long as short
OKX S-USDT-SWAP+0.0100%4h0.04004+0.030%$1.0M$3.9M20xas long as short
Gate S_USDT+0.0100%4h0.04006+0.080%$327K$189K50xas long as short
MEXC S_USDT+0.0100%4h0.04010+0.180%$3.7M$1.7M200xas long as short
KuCoin SUSDTM+0.0100%4h0.04008+0.130%$1.8M$2.7M50xas long as short
Bitget SUSDT+0.0100%4h0.04012+0.230%$1.2M$2.3M50xas long as short
BingX S-USDTshort+0.0100%4h0.04006+0.080%$6.8M
Extended S-USD+0.0104%1h0.04008+0.127%$225K$1.1M10xas long as short
BloFin S-USDT+0.0340%4h0.04008+0.130%$269K$103K75xas long as short
ApeX Omni SUSDT+0.0680%1h0.04000−0.070%$24K$461K50xas long as short
Deribit S_USDC-PERPETUAL+0.1248%1h0.04011+0.205%$67K$10K10xas long as short
Backpack S_USDC_PERP+0.2263%1h0.04010+0.180%$117K$424K5xas long as short