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

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Variational Omni+0.281%7-day average · you sell dearer than you buy
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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.281% dearer against Variational Omni than usual: you sell high and buy low, +$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni W0.011750.0100pay 0.0050% / 4h2h 17m$72K$40K
ShortBingX W-USDT0.011780.0100get 0.0050% / 4h2h 17m$6.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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
$0
Price spread: +0.281% → 0.000%
$28.14
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$18.14
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; BingX: 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 BingX live order book, 5 min ago4.28 bp26.5 bp −$2632.6 bp −$326294.9 bp −$29.5K982.2 bp −$491.1K
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.

W on 17 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
Deribit W_USDC-PERPETUAL0.0000%1h0.01179+0.358%$14K$3K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.929%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01180+0.460%$2.0M$287K5xas long as short
Binance WUSDT+0.0100%4h0.01179+0.375%$3.0M$5.5M50xas long as short
Bybit WUSDT+0.0100%4h0.01176+0.086%$4.1M$1.6M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01178+0.264%$1.3M$1.6M20xas long as short
Gate W_USDT+0.0100%4h0.01176+0.162%$426K$248K75xas long as short
MEXC W_USDT+0.0100%4h0.01179+0.367%$12.3M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01178+0.290%$395K$194K50xas long as short
Bitget WUSDT+0.0100%4h0.01180+0.460%$1.3M$582K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDTshort+0.0100%4h0.01178+0.281%$6.7M
Backpack W_USDC_PERP+0.0100%1h0.01181+0.511%$44K$42K15xas long as short
Variational Omni Wlong+0.0100%4h0.01175long leg$72K$40K
GRVT W_USDT_Perp+0.0100%4h0.01181+0.550%$129K$372K10xas long as short
Extended W-USD+0.0104%1h0.01179+0.357%$59K$146K5xas long as short
Coinbase International W-PERP-INTX+0.0400%1h0.01180+0.460%$13K$14K50xas long as short
Kraken Futures PF_WUSD+0.1731%1h0.01181+0.510%$147K$186K20xas long as short