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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0233%/8h= −25.6% APRpaid last 24h −0.030%
Price spread now: Variational Omni against BingX+0.137%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 4 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
The price spread pays, funding is against you. Variational Omni is 0.137% dearer against BingX than usual: you sell high and buy low (spread +0.137% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX GMT-USDT0.0085750.0100pay 0.0050% / 4h3h 12m$1.3M
ShortVariational Omni GMT0.008587−0.0133pay 0.0133% / 8h7h 12m$4K$6K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$49.01
Price spread: +0.137% → 0.000%
$13.71
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$45.31
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago4.66 bp25.5 bp −$2580.3 bp −$803405.8 bp −$40.6K723.1 bp −$361.5K
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.

GMT on 12 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_GMTUSD−0.1398%1h0.008575+0.006%$43K$13K20xas long as short
Variational Omni GMTshort−0.0133%8h0.008587+0.137%$4K$6K
KuCoin GMTUSDTM−0.0052%4h0.008560−0.175%$243K$205K50xas long as short
Bybit GMTUSDT+0.0050%8h0.008573−0.023%$1.1M$2.1M50xas long as short
Hyperliquid GMT+0.0100%1h0.008568−0.082%$120K$153K3xas long as short
Aster GMTUSDT+0.0100%4h0.008577+0.023%$7K$22K10xas long as short
Binance GMTUSDT+0.0100%4h0.008578+0.032%$2.9M$5.4M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008570−0.058%$390K$1.2M20xas long as short
Gate GMT_USDT+0.0100%8h0.008580+0.058%$140K$178K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008571−0.047%$434K$220K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008580+0.058%$735K$695K50xas long as short
BingX GMT-USDTlong+0.0100%4h0.008575long leg$1.3M