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+0.0224%/8h= +24.5% APRnext payment +$1.12 per $10,000 · paid last 24h +0.130%
Price spread now: Binance against Variational Omni−0.127%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 · farm boardneeds both histories
Funding pays, the price is against you. Binance is 0.127% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.127% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 46 hours of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016330.0100pay 0.0050% / 4h41m 57s$16K$4K
ShortBinance USUSDT0.016310.0324get 0.0162% / 4h41m 57s$9.1M$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$47.05
Price spread: −0.127% → 0.000%
−$12.75
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Binance: 5 bp × 2 orders
−$10
Net
$24.3
Costs to cover
0.100%
Break-even
3.4 days
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago2.76 bp14.1 bp −$14135.0 bp −$1,350doesn'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.

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−0.0406%4h0.01622−0.636%$3.9M$451K20xas long as short
Bybit USUSDT+0.0100%4h0.01631−0.097%$3.2M$935K20xas long as short
Gate US_USDT+0.0100%4h0.01629−0.213%$2.1M$612K20xas long as short
Bitget USUSDT+0.0100%4h0.01633+0.007%$4.3M$257K10xas long as short
Variational Omni USlong+0.0100%4h0.01633long leg$16K$4K
Aster USUSDT+0.0124%4h0.01630−0.142%$12K$50K5xas long as short
BloFin US-USDT+0.0289%4h0.01632−0.048%$482K$48K10xas long as short
MEXC US_USDT+0.0322%4h0.01631−0.115%$5.5M$114K100xas long as short
BingX US-USDT+0.0324%4h0.01631−0.097%$1.3Mas long as short
Binance USUSDTshort+0.0324%4h0.01631−0.127%$9.1M$3.3M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended US-USD+0.0328%1h0.01630−0.154%$3K$164K5xas long as short