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

NOT

all NOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0378%/8h= −41.4% APRnext payment $1.89 per $10,000 · paid last 24h −0.139%
Price spread now: Variational Omni against OKX−0.273%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 −$11 a day on $10k at the current rate, and Variational Omni is 0.273% cheaper against OKX than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NOT-USDT-SWAP0.00050800.0100pay 0.0050% / 4h2h 03m$636K$655K20x
ShortVariational Omni NOT0.0005066−0.0278pay 0.0139% / 4h2h 03m$71K$39K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. 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
−$79.48
Price spread: −0.273% → 0.000%
−$27.34
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$116.82
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 62 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 OKX live order book, 62 min ago3.91 bp27.8 bp −$28doesn't fitdoesn'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 15 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−0.0278%4h0.0005066−0.273%$71K$39K
KuCoin NOTUSDTM−0.0088%4h0.0005075−0.098%$465K$133K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−4.055%$1K$13K5.5xas long as short
Lighter 1000NOT+0.0096%1h0.0005093+0.260%$11K$5K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005090+0.197%$371K$52K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005081+0.024%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005083+0.063%$2.1M$3.1M50xas long as short
Bybit NOTUSDT+0.0100%4h0.0005073−0.138%$2.1M$866K25xas long as short
OKX NOT-USDT-SWAPlong+0.0100%4h0.0005080long leg$636K$655K20x
Gate NOT_USDT+0.0100%4h0.0005071−0.177%$143K$82K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC NOT_USDT+0.0100%4h0.00050800.000%$1.3M$475K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005082+0.039%$674K$408K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005078−0.039%$723Kas long as short
Extended kNOT-USD+0.0104%1h0.0005082+0.036%$4K$4915xas long as short
Kraken Futures PF_NOTUSD+0.0201%1h0.0005110+0.584%$50K$9K10xas long as short