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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.22 per $10,000 · paid last 24h −0.120%
Price spread now: Gate against Variational Omni−0.157%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
Funding pays, the price is against you. Gate is 0.157% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.157% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni T0.005169−0.0439get 0.0220% / 4h48m 23s$8K$9K
ShortGate T_USDT0.005161−0.0396pay 0.0198% / 4h48m 23s$214K$81K20x

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
$9.03
Price spread: −0.157% → 0.000%
−$15.66
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
−$21.63
Costs to cover
0.150%
Break-even
23.8 days
Slippage unknown: Variational Omni: no order-book sample; 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 no order-book sample
Sell Gate live order book, 3 min ago6.77 bp103.1 bp −$103doesn't fitdoesn't fitdoesn't fit
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−0.2561%1h0.005159−0.205%$2K$2K10xas long as short
Variational Omni Tlong−0.0439%4h0.005169long leg$8K$9K
Gate T_USDTshort−0.0396%4h0.005161−0.157%$214K$81K20x
KuCoin TUSDTM−0.0336%4h0.005164−0.099%$1.3M$82K12xas long as short
Bybit TUSDT−0.0299%4h0.005160−0.176%$1.6M$1.5M25xas long as short
Bitget TUSDT−0.0158%4h0.005153−0.311%$878K$500K50xas long as short
Binance TUSDT−0.0064%4h0.005162−0.144%$3.3M$7.4M50xas long as short
MEXC T_USDT−0.0052%4h0.005161−0.157%$3.1M$204K20xas long as short