data as of
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Price arb /

NIL

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Spread before costs (cost unknown: a leg has no order-book sample)−0.184%
7d average−0.018%if it closes, per $10,000$18funding while held, a day+$0.00
Long on Variational OmniShort on MEXC
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NIL0.064000.0100pay 0.0050% / 4h1h 40m$46K$166K—
ShortMEXC NIL_USDT0.063880.0100get 0.0050% / 4h1h 40m$2.0M$8.3M100x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$18.42
Funding while held
$0
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$22.42
Spread needed to break even
0.040%
Slippage unknown: Variational Omni: RFQ quote, 35 min ago; MEXC: live order book, 4 min ago. Net counts fees only.

Cost of waiting

funding view
Funding /8h
0.0000%
Per $10,000 a day
+$0.00
Average in range /8h
—

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, 35 min ago6.34 bpdoesn't fit213.9 bp −$2,139doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago10.97 bp33.2 bp −$33138.1 bp −$1,381282.3 bp −$28.2K501.8 bp −$250.9K

NIL price on every exchange

against the cheapest. Click to use as the short leg.
Extended0.06386cheapestBinance0.06386+0.010%BingX0.06387+0.019%
MEXC0.06388+0.035%
Bitget0.06390+0.066%Aster0.06392+0.104%Bybit0.06395+0.144%KuCoin0.06395+0.144%Gate0.06398+0.191%
Variational Omni0.06400+0.219%
BloFin0.06401+0.238%Hyperliquid0.06405+0.307%

NIL on 12 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Extended NIL-USD−0.219%+0.0104%1h$15K$94K5xas long as short
Binance NILUSDT−0.209%+0.0100%4h$5.2M$98.4M50xas long as short
BingX NIL-USDT−0.200%+0.0100%4h—$8.8M—as long as short
MEXC NIL_USDTshort−0.184%+0.0100%4h$2.0M$8.3M100x
Bitget NILUSDT−0.153%+0.0100%4h$1.6M$10.8M50xas long as short
Aster NILUSDT−0.115%+0.0100%4h$20K$406K5xas long as short
Bybit NILUSDT−0.075%+0.0100%4h$3.3M$17.1M20xas long as short
KuCoin NILUSDTM−0.075%+0.0100%4h$446K$784K30xas long as short
Gate NIL_USDT−0.028%+0.0100%4h$416K$2.6M50xas long as short
Variational Omni NILlong0.000%+0.0100%4h$46K$166K—
Show all 12 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
BloFin NIL-USDT+0.019%+0.0050%4h$360K$161K50xas long as short
Hyperliquid NIL+0.088%+0.1181%1h$3.7M$5.4M3xas long as short