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+0.0447%/8h= +48.9% APRnext payment +$4.47 per $10,000 · paid last 24h +0.014%
Price spread now: Gate against Variational Omni+0.284%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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Gate is 0.284% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMT0.008436−0.0347get 0.0347% / 8h2h 18m$4K$5K
ShortGate GMT_USDT0.0084600.0100get 0.0100% / 8h2h 18m$144K$176K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$93.86
Price spread: +0.284% → 0.000%
$28.42
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$107.28
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 22 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 Variational Omni no order-book sample
Sell Gate live order book, 22 min ago11.86 bp44.1 bp −$44doesn't fitdoesn't fitdoesn't fit
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−0.1176%1h0.008477+0.490%$43K$13K20xas long as short
Bybit GMTUSDT−0.0449%8h0.008474+0.450%$1.0M$2.1M50xas long as short
OKX GMT-USDT-SWAP−0.0368%4h0.008476+0.474%$391K$1.2M20xas long as short
Variational Omni GMTlong−0.0347%8h0.008436long leg$4K$5K
KuCoin GMTUSDTM−0.0300%4h0.008470+0.403%$246K$185K50xas long as short
Bitget GMTUSDT+0.0046%4h0.008480+0.521%$670K$632K50xas long as short
BingX GMT-USDT+0.0050%4h0.008463+0.320%$1.3Mas long as short
Aster GMTUSDT+0.0088%4h0.008472+0.421%$7K$23K10xas long as short
Hyperliquid GMT+0.0100%1h0.008481+0.533%$113K$153K3xas long as short
Binance GMTUSDT+0.0100%4h0.008477+0.486%$2.9M$5.4M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDTshort+0.0100%8h0.008460+0.284%$144K$176K50x
MEXC GMT_USDT+0.0100%4h0.008479+0.509%$420K$213K20xas long as short