Funding arb · Price arb /

DEEP

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%

Price spread now: BingX against Variational Omni+0.765%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on BingX

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.765% dearer against Variational Omni than usual: you sell high and buy low: +$76 more if the spread 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	Variational Omni DEEP	0.01997	0.0100	pay 0.0100% / 8h	3m 38s	$13K	$9K	—
Short	BingX DEEP-USDT	0.02012	0.0200	get 0.0100% / 4h	3m 38s	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BingXbpOrdersPrice spread, now +0.765%Rate

Funding earned: $21
Price spread: +0.765% → 0.000%: $76.47
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: $87.47
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 8 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 no order-book sample	—	—	—	—	—
Sell BingX live order book, 8 min ago	7.50 bp	26.8 bp −$27	81.5 bp −$815	532.4 bp −$53.2K	1051.7 bp −$525.8K

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.

DEEP on 12 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
Bluefin DEEP-PERP	−0.2420%	1h	0.01991	−0.287%	$81K	$17K	20x	as long as short
Binance DEEPUSDT	+0.0100%	4h	0.02015	+0.915%	$2.1M	$6.1M	50x	as long as short
Bybit DEEPUSDT	+0.0100%	8h	0.02007	+0.514%	$4.3M	$2.7M	50x	as long as short
Gate DEEP_USDT	+0.0100%	4h	0.02009	+0.614%	$309K	$99K	50x	as long as short
MEXC DEEP_USDT	+0.0100%	4h	0.02014	+0.865%	$1.1M	$558K	100x	as long as short
KuCoin DEEPUSDTM	+0.0100%	4h	0.02014	+0.865%	$1.8M	$94K	20x	as long as short
Bitget DEEPUSDT	+0.0100%	4h	0.02012	+0.765%	$862K	$608K	50x	as long as short
Variational Omni DEEPlong	+0.0100%	8h	0.01997	long leg	$13K	$9K	—
Extended DEEP-USD	+0.0104%	1h	0.02015	+0.916%	$5K	$221K	5x	as long as short
BloFin DEEP-USDT	+0.0116%	8h	0.02000	+0.164%	$139K	$35K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX DEEP-USDTshort	+0.0200%	4h	0.02012	+0.765%	—	$6.6M	—
Kraken Futures PF_DEEPUSD	+1.3393%	1h	0.02034	+1.863%	$8K	$7K	10x	as long as short