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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0354%/8h= −38.8% APRnext payment $1.77 per $10,000 · paid last 24h −0.096%
Price spread now: Variational Omni against BingX−0.228%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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.228% cheaper against BingX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX US-USDT0.016470.0454pay 0.0227% / 4h2h 24m$1.3M
ShortVariational Omni US0.016430.0100get 0.0050% / 4h2h 24m$16K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$74.34
Price spread: −0.228% → 0.000%
−$22.81
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$107.15
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 1 min ago; Variational Omni: 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 BingX live order book, 1 min ago5.47 bp50.1 bp −$50202.8 bp −$2,0281086.3 bp −$108.6Kdoesn't fit
Sell Variational Omni no order-book sample
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.

US on 11 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
KuCoin USUSDTM−0.0060%4h0.01641−0.370%$4.2M$274K20xas long as short
BloFin US-USDT+0.0085%4h0.01644−0.206%$481K$49K10xas long as short
Aster USUSDT+0.0100%4h0.01641−0.370%$12K$54K5xas long as short
Binance USUSDT+0.0100%4h0.01646−0.075%$9.2M$3.1M10xas long as short
Bybit USUSDT+0.0100%4h0.01647−0.012%$3.3M$839K20xas long as short
Gate US_USDT+0.0100%4h0.01641−0.376%$2.1M$544K20xas long as short
MEXC US_USDT+0.0100%4h0.01646−0.091%$5.5M$117K100xas long as short
Variational Omni USshort+0.0100%4h0.01643−0.228%$16K$3K
Extended US-USD+0.0104%1h0.01644−0.221%$4K$141K5xas long as short
Bitget USUSDT+0.0444%4h0.01647−0.006%$4.3M$243K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDTlong+0.0454%4h0.01647long leg$1.3M