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−0.1456%/8h= −159.4% APRnext payment $7.28 per $10,000 · paid last 24h +0.017%
Price spread now: KuCoin against Variational Omni−0.469%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
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and KuCoin is 0.469% cheaper against Variational Omni than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.015890.0100pay 0.0050% / 4h14m 18s$16K$4K
ShortKuCoin USUSDTM0.01581−0.1356pay 0.0678% / 4h14m 18s$3.7M$493K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$305.76
Price spread: −0.469% → 0.000%
−$46.92
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$364.68
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago36.31 bp459.0 bp −$459doesn't fitdoesn'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 USUSDTMshort−0.1356%4h0.01581−0.469%$3.7M$493K20x
Bybit USUSDT+0.0100%4h0.01589+0.028%$3.2M$992K20xas long as short
Gate US_USDT+0.0100%4h0.01586−0.180%$2.0M$656K20xas long as short
Bitget USUSDT+0.0100%4h0.01590+0.066%$4.2M$278K10xas long as short
Variational Omni USlong+0.0100%4h0.01589long leg$16K$4K
Aster USUSDT+0.0153%4h0.01589+0.045%$13K$54K5xas long as short
BingX US-USDT+0.0262%4h0.01588−0.022%$1.3Mas long as short
BloFin US-USDT+0.0270%4h0.01590+0.097%$470K$47K10xas long as short
Extended US-USD+0.0288%1h0.01586−0.173%$2K$203K5xas long as short
MEXC US_USDT+0.0290%4h0.01586−0.148%$5.3M$117K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance USUSDT+0.0291%4h0.01587−0.140%$8.9M$3.5M10xas long as short