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

GMT

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0447%/8h= −48.9% APRpaid last 24h +0.014%
Price spread now: KuCoin against Variational Omni+0.321%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
The price spread pays, funding is against you. KuCoin is 0.321% dearer against Variational Omni than usual: you sell high and buy low (spread +0.321% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMT0.008592−0.0155get 0.0155% / 8h4h 17m$4K$5K
ShortKuCoin GMTUSDTM0.008620−0.0602pay 0.0301% / 4h17m 49s$279K$190K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$93.81
Price spread: +0.321% → 0.000%
$32.11
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$73.7
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 63 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 KuCoin live order book, 63 min ago11.68 bp57.9 bp −$58245.8 bp −$2,458doesn'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−0.1466%1h0.008616+0.275%$45K$14K20xas long as short
KuCoin GMTUSDTMshort−0.0602%4h0.008620+0.321%$279K$190K50x
OKX GMT-USDT-SWAP−0.0420%4h0.008600+0.088%$401K$1.2M20xas long as short
Bybit GMTUSDT−0.0420%8h0.008603+0.123%$1.1M$2.0M50xas long as short
Variational Omni GMTlong−0.0155%8h0.008592long leg$4K$5K
Aster GMTUSDT−0.0116%4h0.008605+0.150%$7K$22K10xas long as short
Bitget GMTUSDT−0.0022%4h0.008624+0.368%$682K$666K50xas long as short
BingX GMT-USDT+0.0050%4h0.008599+0.077%$1.3Mas long as short
Hyperliquid GMT+0.0100%1h0.008604+0.135%$114K$153K3xas long as short
Binance GMTUSDT+0.0100%4h0.008611+0.212%$2.9M$5.3M50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GMT_USDT+0.0100%8h0.008620+0.321%$152K$181K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008613+0.240%$440K$210K20xas long as short