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+0.0628%/8h= +68.8% APRnext payment +$3.14 per $10,000 · paid last 24h +0.110%
Price spread now: Binance against Variational Omni+0.184%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 +$19 a day on $10k at the current rate, and Binance is 0.184% dearer against Variational Omni than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni 40.021700.0100pay 0.0050% / 4h3h 12m$50K$8K
ShortBinance 4USDT0.021740.0728get 0.0364% / 4h3h 12m$8.4M$11.2M20x

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
$131.98
Price spread: +0.184% → 0.000%
$18.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$140.34
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 13 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, 13 min ago1.14 bp30.8 bp −$31145.0 bp −$1,450doesn'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.

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 4long+0.0100%4h0.02170long leg$50K$8K
SunX 4-USDT+0.0100%4h0.02173+0.119%$2K$1.1M20xas long as short
Aster 4USDT+0.0605%4h0.02173+0.115%$248K$90K5xas long as short
KuCoin 4USDTM+0.0626%4h0.02173+0.119%$941K$12.7M20xas long as short
MEXC 4_USDT+0.0728%4h0.02173+0.119%$1.9M$852K100xas long as short
Binance 4USDTshort+0.0728%4h0.02174+0.184%$8.4M$11.2M20x
Bybit 4USDT+0.0749%4h0.02171+0.022%$2.9M$1.7M5xas long as short
BingX 4-USDT+0.0770%4h0.02173+0.133%$1.4Mas long as short
Gate 4_USDT+0.1410%4h0.02175+0.193%$596K$245K20xas long as short