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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%
Price spread now: Variational Omni against Gate+0.246%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.246% dearer against Gate than usual: you sell high and buy low, +$25 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate US_USDT0.016330.0100pay 0.0050% / 4h1h 37m$2.0M$548K20x
ShortVariational Omni US0.016370.0100get 0.0050% / 4h1h 37m$16K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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
$0
Price spread: +0.246% → 0.000%
$24.57
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$9.57
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago4.59 bp68.8 bp −$69doesn'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.

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−0.0114%4h0.01632−0.055%$4.2M$277K20xas long as short
Aster USUSDT+0.0100%4h0.01634+0.094%$12K$55K5xas long as short
Bybit USUSDT+0.0100%4h0.01632−0.049%$3.2M$853K20xas long as short
Gate US_USDTlong+0.0100%4h0.01633long leg$2.0M$548K20x
Variational Omni USshort+0.0100%4h0.01637+0.246%$16K$3K
Binance USUSDT+0.0127%4h0.016330.000%$9.1M$3.1M10xas long as short
Extended US-USD+0.0128%1h0.01632−0.065%$4K$141K5xas long as short
MEXC US_USDT+0.0132%4h0.01633+0.031%$5.5M$115K100xas long as short
BloFin US-USDT+0.0174%4h0.01636+0.220%$478K$49K10xas long as short
BingX US-USDT+0.0450%4h0.01633+0.012%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDT+0.0464%4h0.01635+0.116%$4.3M$248K10xas long as short