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

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.17 per $10,000 · paid last 24h −0.003%
Price spread now: Gate against Variational Omni−0.450%7-day average +0.021% · 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)−0.012%−$1 on $10k
Price spread, last 3 days (all we have)+0.426%+$43 · spread now −0.450%, 7d avg +0.021%
Together, before fees+0.414%+ Points / potential airdropVariational Omni: Active · farm board+$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.471% cheaper against Variational Omni than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NIL0.069010.0134pay 0.0067% / 4h4m 54s$177K$266K
ShortGate NIL_USDT0.068700.0100get 0.0050% / 4h4m 54s$436K$2.0M50x

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
−$7.19
Price spread: −0.450% → +0.021%
−$47.09
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
−$69.28
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 9 min ago; Gate: live order book, 3 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 RFQ quote, 9 min ago5.88 bpdoesn't fit138.1 bp −$1,381doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago10.23 bp37.7 bp −$38301.2 bp −$3,012doesn't fitdoesn't fit

NIL 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
BloFin NIL-USDT+0.0051%4h0.06898−0.044%$348K$143K50xas long as short
Aster NILUSDT+0.0100%4h0.06867−0.499%$21K$340K5xas long as short
Binance NILUSDT+0.0100%4h0.06851−0.726%$5.3M$78.8M50xas long as short
Bybit NILUSDT+0.0100%4h0.06868−0.479%$3.8M$14.0M20xas long as short
Gate NIL_USDTshort+0.0100%4h0.06870−0.450%$436K$2.0M50x
MEXC NIL_USDT+0.0100%4h0.06873−0.407%$2.4M$5.0M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06876−0.363%$515K$686K30xas long as short
Bitget NILUSDT+0.0100%4h0.06861−0.581%$1.8M$8.5M50xas long as short
BingX NIL-USDT+0.0100%4h0.06864−0.537%$8.5Mas long as short
Extended NIL-USD+0.0104%1h0.06851−0.731%$17K$94K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NILlong+0.0134%4h0.06901long leg$177K$266K
Hyperliquid NIL+0.1581%1h0.06894−0.105%$4.3M$4.5M3xas long as short