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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Variational Omni−0.021%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 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
Funding pays, the price is against you. Bitget is 0.021% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni T0.005173−0.0224get 0.0112% / 4h3h 57m$7K$6K
ShortBitget TUSDT0.005172−0.0032pay 0.0016% / 4h3h 57m$878K$505K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$40.33
Price spread: −0.021% → 0.000%
−$2.12
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$26.22
Costs to cover
0.120%
Break-even
2.4 days
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 58 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 Bitget live order book, 58 min ago2.89 bp26.0 bp −$26104.4 bp −$1,044doesn't fitdoesn'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.

T on 8 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_TUSD−0.2818%1h0.005174+0.023%$2K$2K10xas long as short
Variational Omni Tlong−0.0224%4h0.005173long leg$7K$6K
Bitget TUSDTshort−0.0032%4h0.005172−0.021%$878K$505K50x
KuCoin TUSDTM+0.0098%4h0.005180+0.133%$1.3M$84K12xas long as short
Binance TUSDT+0.0100%4h0.005181+0.150%$3.3M$7.3M50xas long as short
Bybit TUSDT+0.0100%4h0.005181+0.153%$1.6M$1.5M25xas long as short
Gate T_USDT+0.0100%4h0.005178+0.095%$213K$80K20xas long as short
MEXC T_USDT+0.0100%4h0.005180+0.133%$3.1M$221K20xas long as short