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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0192%/8h= −21.0% APRnext payment $0.96 per $10,000 · paid last 24h −0.187%
Price spread now: Variational Omni against Binance−0.101%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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.101% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOTUSDT0.00050960.0100pay 0.0050% / 4h48m 41s$2.1M$3.1M50x
ShortVariational Omni NOT0.0005091−0.0092pay 0.0046% / 4h48m 41s$72K$39K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$40.36
Price spread: −0.101% → 0.000%
−$10.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$60.44
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago1.96 bp18.4 bp −$18108.4 bp −$1,084doesn'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.

NOT on 16 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
Variational Omni NOTshort−0.0092%4h0.0005091−0.101%$72K$39K
Injective NOT/USDC PERP+0.0033%1h0.0004874−4.356%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005105+0.184%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005100+0.078%$373K$51K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005097+0.026%$14K$9K5xas long as short
Binance NOTUSDTlong+0.0100%4h0.0005096long leg$2.1M$3.1M50x
Bybit NOTUSDT+0.0100%4h0.0005091−0.098%$2.1M$821K25xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005100+0.078%$623K$600K20xas long as short
Gate NOT_USDT+0.0100%4h0.0005088−0.157%$141K$78K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005095−0.020%$1.4M$458K200xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOTUSDTM+0.0100%4h0.0005089−0.137%$465K$137K50xas long as short
Bitget NOTUSDT+0.0100%4h0.0005101+0.098%$670K$382K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005094−0.039%$722Kas long as short
Extended kNOT-USD+0.0104%1h0.0005092−0.077%$4K$1K5xas long as short
BloFin NOT-USDT+0.0155%4h0.0005091−0.098%$111K$17K50xas long as short
Kraken Futures PF_NOTUSD+0.4191%1h0.0005090−0.116%$50K$10K10xas long as short