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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.102%
Price spread now: Variational Omni against Extended+0.226%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 airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.226% dearer against Extended than usual: you sell high and buy low (spread +0.226% now, against zero (this spread has no 7-day history yet)): +$23 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended US-USD0.016150.0304pay 0.0038% / 1h39m 06s$3K$164K5x
ShortVariational Omni US0.016180.0100get 0.0050% / 4h39m 06s$16K$4K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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
−$42.84
Price spread: +0.226% → 0.000%
$22.55
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.29
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 34 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 Extended live order book, 34 min ago6.44 bp103.7 bp −$104853.8 bp −$8,538doesn't fitdoesn'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−0.0506%4h0.01610−0.275%$3.9M$452K20xas long as short
Aster USUSDT+0.0100%4h0.01616+0.085%$12K$50K5xas long as short
Bybit USUSDT+0.0100%4h0.01616+0.090%$3.2M$938K20xas long as short
Gate US_USDT+0.0100%4h0.01615+0.010%$2.0M$623K20xas long as short
Bitget USUSDT+0.0100%4h0.01618+0.214%$4.3M$260K10xas long as short
Variational Omni USshort+0.0100%4h0.01618+0.226%$16K$4K
Binance USUSDT+0.0301%4h0.01615+0.012%$9.0M$3.3M10xas long as short
BloFin US-USDT+0.0302%4h0.01616+0.103%$476K$48K10xas long as short
Extended US-USDlong+0.0304%1h0.01615long leg$3K$164K5x
MEXC US_USDT+0.0316%4h0.01615+0.010%$5.4M$115K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0324%4h0.01616+0.084%$1.3Mas long as short