Funding arb · Price arb /

COST

RWAall COST markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.038%

Price spread now: Variational Omni against Bitget+0.020%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Variational Omni

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 days—no 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 0.020% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget COSTUSDT	899.03	0	get 0.0000% / 8h	3h 45m	$403K	$77K	25x
Short	Variational Omni COST	899.21	0	get 0.0000% / 8h	3h 45m	$41K	$14K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → 0.000%: $2.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$9.97
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 65 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 65 min ago	7.17 bp	13.8 bp −$14	22.0 bp −$220	doesn't fit	doesn'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.

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster COSTUSDT	0.0000%	8h	899.44	+0.046%	$45K	$178	20x	as long as short
Binance COSTUSDT	0.0000%	8h	899.39	+0.040%	$1.1M	$917K	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	899.65	+0.069%	$491K	$219K	25x	as long as short
Gate COST_USDT	0.0000%	8h	899.24	+0.023%	$521K	$7K	25x	as long as short
Bitget COSTUSDTlong	0.0000%	8h	899.03	long leg	$403K	$77K	25x
Variational Omni COSTshort	0.0000%	8h	899.21	+0.020%	$41K	$14K	—
SunX COST-USDT	0.0000%	8h	898.00	−0.115%	$1K	$2.8M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.21	+0.242%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0009%	1h	899.19	+0.018%	$1.1M	$2.6M	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.784%	$2K	$28K	12x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX COST-USDT-SWAP	+0.0035%	8h	898.82	−0.023%	$440K	$115K	10x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	−0.087%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	899.21	+0.020%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	898.99	−0.004%	$1.8M	$517K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	898.10	−0.103%	$47K	$886K	20x	as long as short