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

M

all M markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bitget−0.209%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.209% cheaper against Bitget than usual: you would sell low and buy high, −$21 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MUSDT1.48160.0100pay 0.0050% / 4h2h 32m$1.9M$342K10x
ShortVariational Omni M1.47850.0100get 0.0050% / 4h2h 32m$91K$42K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
$0
Price spread: −0.209% → 0.000%
−$20.94
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$32.94
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago12.16 bp47.3 bp −$47617.9 bp −$6,179doesn'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.

M 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
Bybit MUSDT+0.0100%4h1.4795−0.142%$4.7M$2.3M20xas long as short
Gate M_USDT+0.0100%8h1.4789−0.182%$2.0M$888K10xas long as short
Bitget MUSDTlong+0.0100%4h1.4816long leg$1.9M$342K10x
Variational Omni Mshort+0.0100%4h1.4785−0.209%$91K$42K
Orderly PERP_M_USDC+0.0100%4h1.4826+0.067%$2K$13910xas long as short
SunX M-USDT+0.0100%4h1.4811−0.034%$2K$538K20xas long as short
Aster MUSDT+0.0345%4h1.4819+0.020%$15K$115K5xas long as short
BingX M-USDT+0.0564%4h1.4808−0.054%$2.4Mas long as short
BloFin M-USDT+0.0587%4h1.4823+0.047%$351K$403K10xas long as short
Binance MUSDT+0.0592%4h1.4814−0.015%$5.5M$4.5M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC M_USDT+0.0592%4h1.4822+0.040%$248K$111K50xas long as short
KuCoin MUSDTM+0.0710%4h1.4688−0.867%$1.4M$4.4M10xas long as short