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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0635%/8h= −69.5% APRnext payment $3.17 per $10,000 · paid last 24h −0.149%
Price spread now: Variational Omni against Aster+0.220%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.220% dearer against Aster than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 28 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster USUSDT0.016410.0735pay 0.0367% / 4h6m 03s$12K$55K5x
ShortVariational Omni US0.016450.0100get 0.0050% / 4h6m 03s$16K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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
−$133.32
Price spread: +0.220% → 0.000%
$22
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$119.31
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Aster: no order-book sample; 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 Aster no order-book sample
Sell Variational Omni no order-book sample
Aster and 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.

US on 11 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
Bybit USUSDT+0.0100%4h0.01642+0.032%$3.2M$869K20xas long as short
Gate US_USDT+0.0100%4h0.01641−0.010%$2.1M$564K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01641+0.020%$4.2M$278K20xas long as short
Variational Omni USshort+0.0100%4h0.01645+0.220%$16K$3K
Bitget USUSDT+0.0510%4h0.01645+0.221%$4.3M$254K10xas long as short
Aster USUSDTlong+0.0735%4h0.01641long leg$12K$55K5x
BloFin US-USDT+0.0796%4h0.01640−0.065%$477K$49K10xas long as short
Extended US-USD+0.0832%1h0.01642+0.030%$4K$141K5xas long as short
MEXC US_USDT+0.0834%4h0.01642+0.069%$5.5M$116K100xas long as short
Binance USUSDT+0.0835%4h0.01643+0.096%$9.2M$3.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0838%4h0.01644+0.148%$1.3Mas long as short