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−0.0350%/8h= −38.3% APRnext payment $1.75 per $10,000 · paid last 24h −0.096%
Price spread now: Variational Omni against BingX+0.356%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 0.356% dearer against BingX than usual: you sell high and buy low (spread +0.356% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX US-USDT0.016310.0450pay 0.0225% / 4h1h 35m$1.3M
ShortVariational Omni US0.016370.0100get 0.0050% / 4h1h 35m$16K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
−$73.5
Price spread: +0.356% → 0.000%
$35.63
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$47.87
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 10 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 BingX live order book, 10 min ago4.89 bp53.6 bp −$54239.7 bp −$2,3971143.6 bp −$114.4Kdoesn'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.

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
KuCoin USUSDTM−0.0134%4h0.01632+0.055%$4.2M$277K20xas long as short
BloFin US-USDT+0.0074%4h0.01633+0.110%$477K$49K10xas long as short
Aster USUSDT+0.0100%4h0.01631+0.013%$12K$55K5xas long as short
Bybit USUSDT+0.0100%4h0.01631−0.006%$3.2M$853K20xas long as short
Gate US_USDT+0.0100%4h0.01631−0.018%$2.0M$549K20xas long as short
Variational Omni USshort+0.0100%4h0.01637+0.356%$16K$3K
Extended US-USD+0.0120%1h0.01631−0.030%$4K$141K5xas long as short
MEXC US_USDT+0.0120%4h0.01631−0.012%$5.5M$115K100xas long as short
Binance USUSDT+0.0120%4h0.01630−0.057%$9.1M$3.1M10xas long as short
BingX US-USDTlong+0.0450%4h0.01631long leg$1.3M
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0452%4h0.01634+0.166%$4.3M$248K10xas long as short