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Funding arb · Price arb /

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 04:00 UTC−0.0526%/8h= −57.6% APRnext payment −$2.63 per $10,000 · paid last 24h −0.169%
Price spread now: Variational Omni against MEXC+0.160%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Long on MEXCShort on Variational Omni
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 days—no 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 0.160% dearer against MEXC than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 24 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC M_USDT1.42810.0626pay 0.0313% / 4h24m 15s$237K$106K50x
ShortVariational Omni M1.43040.0100get 0.0050% / 4h24m 15s$89K$43K—

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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
−$110.46
Price spread: +0.160% → 0.000%
$16
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$98.46
Costs to cover
0.040%
Break-even
from the start
Slippage unknown: MEXC: live order book, 15 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 MEXC live order book, 15 min ago1.40 bp30.9 bp −$3147.4 bp −$474114.5 bp −$11.5Kdoesn'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%4h1.4279−0.014%$4.5M$1.8M20xas long as short
Gate M_USDT+0.0100%8h1.4265−0.112%$1.9M$916K10xas long as short
Bitget MUSDT+0.0100%4h1.4274−0.049%$1.8M$249K10xas long as short
Variational Omni Mshort+0.0100%4h1.4304+0.160%$89K$43K—
Orderly PERP_M_USDC+0.0100%4h1.4276−0.035%$2K$51010xas long as short
SunX M-USDT+0.0100%4h1.4292+0.077%$2K$764K20xas long as short
Aster MUSDT+0.0474%4h1.4285+0.027%$15K$87K5xas long as short
BingX M-USDT+0.0602%4h1.4285+0.028%—$2.4M—as long as short
Binance MUSDT+0.0621%4h1.4282+0.004%$5.6M$3.8M10xas long as short
MEXC M_USDTlong+0.0626%4h1.4281long leg$237K$106K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin M-USDT+0.0662%4h1.4272−0.063%$359K$442K10xas long as short
KuCoin MUSDTM+0.1866%4h1.4149−0.926%$1.4M$4.0M10xas long as short