Funding arb · Price arb /

ALT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%

Price spread now: Variational Omni against Binance−0.454%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

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 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 0.454% cheaper against Binance than usual: you would sell low and buy high, −$45 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	Binance ALTUSDT	0.007627	0.0100	pay 0.0050% / 4h	1h 36m	$2.6M	$3.6M	50x
Short	Variational Omni ALT	0.007592	0.0100	get 0.0050% / 4h	1h 36m	$4K	$15K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.454%Rate

Funding earned: $0
Price spread: −0.454% → 0.000%: −$45.43
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$55.43
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 14 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 Binance live order book, 14 min ago	0.65 bp	20.8 bp −$21	138.3 bp −$1,383	9210.6 bp −$921.1K	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.

ALT on 14 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
Deribit ALT_USDC-PERPETUAL	0.0000%	1h	0.007626	−0.009%	—	$0	25x	as long as short
Injective ALT/USDC PERP	+0.0033%	1h	0.007604	−0.297%	$827	$4K	5.5x	as long as short
Hyperliquid ALT	+0.0100%	1h	0.007619	−0.101%	$1.1M	$191K	3x	as long as short
Binance ALTUSDTlong	+0.0100%	4h	0.007627	long leg	$2.6M	$3.6M	50x
Bybit ALTUSDT	+0.0100%	4h	0.007621	−0.074%	$1.2M	$1.7M	25x	as long as short
Gate ALT_USDT	+0.0100%	8h	0.007615	−0.153%	$50K	$398K	25x	as long as short
MEXC ALT_USDT	+0.0100%	4h	0.007622	−0.061%	$411K	$180K	50x	as long as short
KuCoin ALTUSDTM	+0.0100%	4h	0.007624	−0.035%	$151K	$20K	30x	as long as short
Bitget ALTUSDT	+0.0100%	4h	0.007614	−0.166%	$601K	$106K	50x	as long as short
BingX ALT-USDT	+0.0100%	4h	0.007622	−0.061%	—	$1.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ALTshort	+0.0100%	4h	0.007592	−0.454%	$4K	$15K	—
BloFin ALT-USDT	+0.0135%	4h	0.007618	−0.114%	$173K	$10K	50x	as long as short
Coinbase International ALT-PERP-INTX	+0.0440%	1h	0.007644	+0.227%	$14K	$3K	50x	as long as short
Kraken Futures PF_ALTUSD	+0.0445%	1h	0.007631	+0.057%	$45K	$8K	10x	as long as short