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

T

all T markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0281%/8h= −30.8% APRnext payment $1.41 per $10,000 · paid last 24h +0.010%
Price spread now: Variational Omni against Bitget+0.410%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Variational Omni is 0.410% dearer against Bitget than usual: you sell high and buy low (spread +0.410% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget TUSDT0.005148−0.0158get 0.0079% / 4h48m 39s$877K$500K50x
ShortVariational Omni T0.005169−0.0439pay 0.0220% / 4h48m 39s$8K$9K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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
−$59.01
Price spread: +0.410% → 0.000%
$40.98
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$30.04
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Bitget: live order book, 7 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 Bitget live order book, 7 min ago2.89 bp26.8 bp −$27159.9 bp −$1,599doesn'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.

T on 8 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
Kraken Futures PF_TUSD−0.2564%1h0.005153+0.106%$2K$2K10xas long as short
Variational Omni Tshort−0.0439%4h0.005169+0.410%$8K$9K
Gate T_USDT−0.0396%4h0.005160+0.233%$214K$81K20xas long as short
KuCoin TUSDTM−0.0336%4h0.005164+0.311%$1.3M$82K12xas long as short
Bybit TUSDT−0.0299%4h0.005159+0.214%$1.6M$1.5M25xas long as short
Bitget TUSDTlong−0.0158%4h0.005148long leg$877K$500K50x
Binance TUSDT−0.0064%4h0.005161+0.253%$3.3M$7.4M50xas long as short
MEXC T_USDT−0.0052%4h0.005160+0.233%$3.1M$204K20xas long as short