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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.31 per $10,000 · paid last 24h −0.106%
Price spread now: Gate against Variational Omni+0.110%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 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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.110% dearer against Variational Omni than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni T0.005193−0.0911get 0.0456% / 4h51m 46s$7K$13K
ShortGate T_USDT0.005199−0.0850pay 0.0425% / 4h51m 46s$215K$117K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$12.89
Price spread: +0.110% → 0.000%
$10.98
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$8.87
Costs to cover
0.150%
Break-even
2.2 days
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 19 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 Gate live order book, 19 min ago7.72 bp104.7 bp −$105doesn't fitdoesn'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−0.4369%1h0.005191−0.038%$2K$2K10xas long as short
Variational Omni Tlong−0.0911%4h0.005193long leg$7K$13K
KuCoin TUSDTM−0.0894%4h0.005195+0.033%$1.4M$109K12xas long as short
Gate T_USDTshort−0.0850%4h0.005199+0.110%$215K$117K20x
Bybit TUSDT−0.0827%4h0.005200+0.129%$1.6M$2.2M25xas long as short
Bitget TUSDT−0.0722%4h0.005193−0.006%$890K$796K50xas long as short
MEXC T_USDT−0.0658%4h0.005195+0.033%$3.2M$259K20xas long as short
Binance TUSDT−0.0652%4h0.005201+0.148%$3.3M$10.1M50xas long as short