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

ATH

all ATH markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0449%/8hpaid last 24h −0.020%
Price spread now: Variational Omni against dYdX−0.249%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 −$13 a day on $10k at the current rate, and Variational Omni is 0.249% cheaper against dYdX than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX ATH-USD0.005442−0.0004get 0.0000% / 1h6m 46s$11K$165x
ShortVariational Omni ATH0.005428−0.0452pay 0.0226% / 4h6m 46s$182K$93K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against dYdX. 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
−$94.19
Price spread: −0.249% → 0.000%
−$24.86
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$129.05
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Variational Omni: RFQ quote, 26 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 dYdX no order-book sample
Sell Variational Omni RFQ quote, 26 min ago8.31 bpdoesn't fit109.9 bp −$1,099doesn't fitdoesn't fit
dYdX: 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.

ATH on 13 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
Kraken Futures PF_ATHUSD−0.3155%1h0.005423−0.347%$19K$110K10xas long as short
Variational Omni ATHshort−0.0452%4h0.005428−0.249%$182K$93K
Bybit ATHUSDT−0.0037%4h0.005421−0.386%$4.4M$2.3M25xas long as short
dYdX ATH-USDlong−0.0004%1h0.005442long leg$11K$165x
BloFin ATH-USDT+0.0040%4h0.005434−0.147%$172K$65K75xas long as short
Aster ATHUSDT+0.0100%4h0.005435−0.128%$5K$38K5xas long as short
Binance ATHUSDT+0.0100%4h0.005432−0.185%$3.3M$3.9M50xas long as short
OKX ATH-USDT-SWAP+0.0100%4h0.005421−0.386%$699K$1.2M20xas long as short
Gate ATH_USDT+0.0100%4h0.005428−0.257%$777K$533K30xas long as short
MEXC ATH_USDT+0.0100%4h0.005432−0.184%$8.4M$725K50xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ATHUSDTM+0.0100%4h0.005425−0.312%$551K$117K30xas long as short
Bitget ATHUSDT+0.0100%4h0.005432−0.184%$1.5M$825K25xas long as short
BingX ATH-USDT+0.0100%4h0.005428−0.257%$18.8Mas long as short