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+0.0728%/8h= +79.7% APRnext payment +$3.64 per $10,000 · paid last 24h +0.063%
Price spread now: Bitget against Variational Omni−0.197%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 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 pays, the price is against you. Bitget is 0.197% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.197% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 22 hours of funding at the current rate (+$22 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016630.0100pay 0.0050% / 4h3h 27m$16K$3K
ShortBitget USUSDT0.016600.0828get 0.0414% / 4h3h 27m$4.4M$241K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$152.88
Price spread: −0.197% → 0.000%
−$19.69
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
$121.19
Costs to cover
0.120%
Break-even
1.5 days
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago7.53 bp36.2 bp −$36206.4 bp −$2,064doesn'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
Bybit USUSDT+0.0100%4h0.01658−0.299%$3.3M$796K20xas long as short
Gate US_USDT+0.0100%4h0.01656−0.395%$2.1M$535K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01657−0.371%$4.3M$269K20xas long as short
Variational Omni USlong+0.0100%4h0.01663long leg$16K$3K
Aster USUSDT+0.0100%4h0.01658−0.293%$12K$54K5xas long as short
BloFin US-USDT+0.0232%4h0.01661−0.101%$486K$49K10xas long as short
MEXC US_USDT+0.0268%4h0.01657−0.335%$5.6M$116K100xas long as short
Binance USUSDT+0.0269%4h0.01658−0.323%$9.3M$3.0M10xas long as short
Extended US-USD+0.0272%1h0.01658−0.324%$4K$141K5xas long as short
BingX US-USDT+0.0784%4h0.01658−0.311%$1.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget USUSDTshort+0.0828%4h0.01660−0.197%$4.4M$241K10x