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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0715%/8h= +78.3% APRnext payment +$3.58 per $10,000 · paid last 24h +0.084%
Price spread now: Binance against Variational Omni+0.105%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 +$21 a day on $10k at the current rate, and Binance is 0.105% 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 US0.016460.0100pay 0.0050% / 4h3h 58m$16K$3K
ShortBinance USUSDT0.016480.0815get 0.0408% / 4h3h 58m$9.2M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$150.18
Price spread: +0.105% → 0.000%
$10.54
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$150.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 11 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 Binance live order book, 11 min ago0.91 bp39.3 bp −$39213.3 bp −$2,133doesn'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.

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
Bybit USUSDT+0.0100%4h0.01649+0.196%$3.2M$869K20xas long as short
Gate US_USDT+0.0100%4h0.01645−0.041%$2.1M$549K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01642−0.242%$4.2M$278K20xas long as short
Variational Omni USlong+0.0100%4h0.01646long leg$16K$3K
Bitget USUSDT+0.0490%4h0.01649+0.171%$4.3M$251K10xas long as short
Aster USUSDT+0.0738%4h0.01644−0.096%$12K$55K5xas long as short
BingX US-USDT+0.0774%4h0.01649+0.208%$1.3Mas long as short
MEXC US_USDT+0.0814%4h0.01648+0.135%$5.5M$112K100xas long as short
Binance USUSDTshort+0.0815%4h0.01648+0.105%$9.2M$3.1M10x
Extended US-USD+0.0816%1h0.01646+0.035%$4K$141K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin US-USDT+0.0868%4h0.01646−0.011%$478K$49K10xas long as short