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+0.0176%/8h= +19.3% APRnext payment +$0.88 per $10,000 · paid last 24h +0.128%
Price spread now: MEXC against Variational Omni−0.032%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. MEXC is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni US0.016320.0100pay 0.0050% / 4h2h 52m$16K$3K
ShortMEXC US_USDT0.016310.0276get 0.0138% / 4h2h 52m$5.5M$113K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$36.96
Price spread: −0.032% → 0.000%
−$3.15
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$29.81
Costs to cover
0.040%
Break-even
1.4 days
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 5 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 MEXC live order book, 5 min ago3.98 bp15.3 bp −$1522.5 bp −$225361.7 bp −$36.2Kdoesn'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%4h0.01634+0.134%$3.2M$933K20xas long as short
Gate US_USDT+0.0100%4h0.01628−0.209%$2.0M$588K20xas long as short
KuCoin USUSDTM+0.0100%4h0.01621−0.663%$4.0M$363K20xas long as short
Variational Omni USlong+0.0100%4h0.01632long leg$16K$3K
Aster USUSDT+0.0207%4h0.01630−0.124%$12K$54K5xas long as short
BloFin US-USDT+0.0257%4h0.01631−0.050%$480K$49K10xas long as short
MEXC US_USDTshort+0.0276%4h0.01631−0.032%$5.5M$113K100x
Extended US-USD+0.0288%1h0.01630−0.102%$4K$168K5xas long as short
Binance USUSDT+0.0293%4h0.01632−0.010%$9.1M$3.2M10xas long as short
Bitget USUSDT+0.0352%4h0.01632−0.001%$4.3M$256K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX US-USDT+0.0370%4h0.01632+0.005%$1.3Mas long as short