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

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BingX−0.048%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.048% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX W-USDT0.011720.0100pay 0.0050% / 4h51m 29s$6.6M
ShortVariational Omni W0.011720.0100get 0.0050% / 4h51m 29s$69K$18K

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
$0
Price spread: −0.048% → 0.000%
−$4.78
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$14.78
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 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, 9 min ago5.10 bp22.5 bp −$2357.2 bp −$572772.8 bp −$77.3K1206.3 bp −$603.1K
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.

W on 17 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit W_USDC-PERPETUAL−0.0431%1h0.01174+0.171%$14K$4K10xas long as short
OKX W-USDT-SWAP−0.0005%4h0.01172−0.043%$1.3M$1.2M20xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+3.122%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01174+0.136%$2.0M$249K5xas long as short
Binance WUSDT+0.0100%4h0.01173+0.030%$3.0M$4.5M50xas long as short
Bybit WUSDT+0.0100%4h0.01171−0.094%$4.1M$1.4M50xas long as short
Gate W_USDT+0.0100%4h0.01173+0.043%$434K$162K75xas long as short
MEXC W_USDT+0.0100%4h0.01173+0.034%$12.2M$1.2M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01171−0.119%$380K$176K50xas long as short
Bitget WUSDT+0.0100%4h0.01175+0.222%$1.3M$543K50xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDTlong+0.0100%4h0.01172long leg$6.6M
Backpack W_USDC_PERP+0.0100%1h0.01175+0.205%$45K$48K15xas long as short
Variational Omni Wshort+0.0100%4h0.01172−0.048%$69K$18K
GRVT W_USDT_Perp+0.0100%4h0.01176+0.296%$126K$365K10xas long as short
Extended W-USD+0.0104%1h0.01172−0.004%$61K$399K5xas long as short
Coinbase International W-PERP-INTX+0.0576%1h0.01179+0.606%$13K$11K50xas long as short
Kraken Futures PF_WUSD+0.0830%1h0.01176+0.283%$152K$54K20xas long as short