Funding arb · Price arb /

CC

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: MEXC against Variational Omni+0.036%7-day average +0.016% · you sell dearer than you buy

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

Long on Variational Omni Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.102%+$10 · spread now +0.036%, 7d avg +0.016%

Together, before fees+0.057%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.020% dearer against Variational Omni than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CC	0.1178	0.0100	pay 0.0050% / 4h	1h 29m	$599K	$25K	—
Short	MEXC CC_USDT	0.1178	0.0100	get 0.0050% / 4h	1h 29m	$1.9M	$383K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee MEXCbpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → +0.016%: $2
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$2
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 18 min ago; MEXC: live order book, 11 min ago. 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 Variational Omni RFQ quote, 18 min ago	8.48 bp	doesn't fit	458.0 bp −$4,580	doesn't fit	doesn't fit
Sell MEXC live order book, 11 min ago	0.42 bp	8.4 bp −$8	62.2 bp −$622	211.2 bp −$21.1K	553.6 bp −$276.8K

CC on 18 exchanges

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
Injective CC/USDC PERP	+0.0033%	1h	0.1180	+0.181%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERP	+0.0092%	8h	0.1179	+0.078%	$1K	—	5x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1180	+0.165%	$35K	$23K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1179	+0.062%	$11.1M	$11.2M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1178	+0.036%	$10.9M	$3.3M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1179	+0.130%	$2.5M	$2.6M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1178	+0.036%	$362K	$146K	50x	as long as short
MEXC CC_USDTshort	+0.0100%	4h	0.1178	+0.036%	$1.9M	$383K	100x
KuCoin CCUSDTM	+0.0100%	4h	0.1180	+0.164%	$489K	$79K	50x	as long as short
Bitget CCUSDT	+0.0100%	4h	0.1178	+0.045%	$897K	$692K	20x	as long as short

Show all 18 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1178	+0.019%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1178	+0.011%	$15K	$17K	10x	as long as short
Variational Omni CClong	+0.0100%	4h	0.1178	long leg	$599K	$25K	—
GRVT CC_USDT_Perp	+0.0100%	4h	0.1178	+0.041%	$84K	$3.4M	10x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1179	+0.104%	$606K	$83K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0449% / S −0.0241%	1h	0.1179	+0.093%	$44K	—	50x	as long as short
Hyperliquid CC	+0.0594%	1h	0.1181	+0.265%	$5.6M	$1.3M	3x	as long as short
Lighter CC	+0.1032%	1h	0.1183	+0.444%	$254K	$160K	5x	as long as short