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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0728%/8h= −79.7% APRnext payment $3.64 per $10,000 · paid last 24h −0.129%
Price spread now: Variational Omni against KuCoin−0.280%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 −$22 a day on $10k at the current rate, and Variational Omni is 0.280% cheaper against KuCoin than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin 4USDTM0.020270.0828pay 0.0414% / 4h19m 05s$866K$12.5M20x
ShortVariational Omni 40.020210.0100get 0.0050% / 4h19m 05s$46K$8K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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
−$152.88
Price spread: −0.280% → 0.000%
−$27.99
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$192.87
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago2.47 bp445.0 bp −$445doesn't fitdoesn'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.

4 on 9 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
Variational Omni 4short+0.0100%4h0.02021−0.280%$46K$8K
SunX 4-USDT+0.0100%4h0.02028+0.049%$2K$1.3M20xas long as short
Bybit 4USDT+0.0241%4h0.02026−0.049%$2.6M$2.0M5xas long as short
MEXC 4_USDT+0.0264%4h0.02028+0.049%$1.5M$920K100xas long as short
Binance 4USDT+0.0265%4h0.02029+0.094%$7.9M$13.0M20xas long as short
BingX 4-USDT+0.0294%4h0.02030+0.168%$1.4Mas long as short
Aster 4USDT+0.0339%4h0.02026−0.041%$241K$111K5xas long as short
Gate 4_USDT+0.0452%4h0.02029+0.099%$542K$291K20xas long as short
KuCoin 4USDTMlong+0.0828%4h0.02027long leg$866K$12.5M20x