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

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0129%/8h= +14.1% APRnext payment +$1.29 per $10,000 · paid last 24h −0.014%
Price spread now: Variational Omni against Gate+0.379%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 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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.379% dearer against Gate than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GMT_USDT0.008520−0.0046get 0.0046% / 8h5h 37m$150K$176K50x
ShortVariational Omni GMT0.0085520.0083get 0.0083% / 8h5h 37m$4K$5K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
$27
Price spread: +0.379% → 0.000%
$37.95
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$49.94
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 18 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 Gate live order book, 18 min ago11.67 bp65.0 bp −$65doesn't fitdoesn't fitdoesn'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.

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−0.1566%1h0.008548+0.325%$44K$13K20xas long as short
KuCoin GMTUSDTM−0.0492%4h0.008540+0.235%$280K$192K50xas long as short
OKX GMT-USDT-SWAP−0.0263%4h0.008509−0.129%$391K$1.1M20xas long as short
Bybit GMTUSDT−0.0231%8h0.008509−0.129%$1.1M$1.9M50xas long as short
Gate GMT_USDTlong−0.0046%8h0.008520long leg$150K$176K50x
Aster GMTUSDT+0.0042%4h0.008540+0.235%$8K$21K10xas long as short
Variational Omni GMTshort+0.0083%8h0.008552+0.379%$4K$5K
Hyperliquid GMT+0.0100%1h0.008515−0.059%$116K$147K3xas long as short
Binance GMTUSDT+0.0100%4h0.008513−0.082%$2.9M$5.0M50xas long as short
MEXC GMT_USDT+0.0100%4h0.008513−0.082%$441K$211K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GMTUSDT+0.0100%4h0.008519−0.012%$674K$620K50xas long as short
BingX GMT-USDT+0.0100%4h0.008510−0.117%$1.2Mas long as short