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

US

all US markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.86 per $10,000 · paid last 24h +0.158%
Price spread now: Aster against Variational Omni−0.190%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 4 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 · Aster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.190% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.190% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 3.7 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016360.0100pay 0.0050% / 4h1h 38m$16K$4K
ShortAster USUSDT0.016330.0272get 0.0136% / 4h1h 38m$12K$54K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$36.11
Price spread: −0.190% → 0.000%
−$18.97
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$9.14
Costs to cover
0.080%
Break-even
5.2 days
Slippage unknown: Variational Omni: no order-book sample; Aster: 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 Variational Omni no order-book sample
Sell Aster no order-book sample
Variational Omni and Aster: 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%4h0.01634−0.117%$3.2M$936K20xas long as short
Gate US_USDT+0.0100%4h0.01631−0.319%$2.1M$604K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01624−0.728%$4.0M$399K20xas long as short
Variational Omni USlong+0.0100%4h0.01636long leg$16K$4K
Bitget USUSDT+0.0146%4h0.01633−0.203%$4.3M$266K10xas long as short
Aster USUSDTshort+0.0272%4h0.01633−0.190%$12K$54K5x
BloFin US-USDT+0.0354%4h0.01634−0.111%$481K$49K10xas long as short
Extended US-USD+0.0400%1h0.01632−0.239%$6K$171K5xas long as short
MEXC US_USDT+0.0400%4h0.01634−0.154%$5.5M$114K100xas long as short
Binance USUSDT+0.0401%4h0.01633−0.215%$9.1M$3.3M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0408%4h0.01634−0.141%$1.3Mas long as short