Spread before costs (cost unknown: a leg has no order-book sample)+0.149%
7d average—if it closes, per $10,000$15funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni W | 0.01167 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $82K | $30K | — |
| Short | Gate W_USDT | 0.01168 | 0.0100 | get 0.0050% / 4h | 2h 37m | $440K | $331K | 75x |
Variational Omni W
Gate W_USDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $14.88
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$0.12
- Spread needed to break even
- 0.150%
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 65 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 65 min ago | 7.19 bp | 223.3 bp −$223 | doesn't fit | doesn't fit | doesn'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.
W price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.01167cheapest
BingX0.01168+0.106%Bybit0.01168+0.115%OKX0.01168+0.132%
BingX
Bybit
OKXGate0.01168+0.149%
KuCoin0.01169+0.200%Binance0.01170+0.265%Hyperliquid0.01170+0.286%MEXC0.01170+0.286%Bitget0.01170+0.286%Extended0.01170+0.289%Coinbase International0.01170+0.295%Deribit0.01170+0.303%Backpack0.01171+0.363%Kraken Futures0.01172+0.474%Injective0.01209+3.629%
KuCoin
Binance
Hyperliquid
MEXC
Bitget
Extended
Coinbase International
Deribit
Backpack
Kraken Futures
InjectiveW on 16 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni Wlong | 0.000% | +0.0100% | 4h | $82K | $30K | — | |
| BingX W-USDT | +0.106% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| Bybit WUSDT | +0.115% | +0.0100% | 4h | $4.1M | $2.4M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.132% | +0.0100% | 4h | $1.3M | $2.4M | 20x | as long as short |
| Gate W_USDTshort | +0.149% | +0.0100% | 4h | $440K | $331K | 75x | |
| KuCoin WUSDTM | +0.200% | +0.0100% | 4h | $410K | $256K | 50x | as long as short |
| Binance WUSDT | +0.265% | +0.0100% | 4h | $3.0M | $8.6M | 50x | as long as short |
| Hyperliquid W | +0.286% | +0.0100% | 1h | $2.0M | $628K | 5x | as long as short |
| MEXC W_USDT | +0.286% | +0.0100% | 4h | $11.6M | $1.4M | 50x | as long as short |
| Bitget WUSDT | +0.286% | +0.0100% | 4h | $1.2M | $618K | 50x | as long as short |
Show all 16 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended W-USD | +0.289% | +0.0104% | 1h | $59K | $276K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.295% | +0.0088% | 1h | $14K | $22K | 50x | as long as short |
| Deribit W_USDC-PERPETUAL | +0.303% | −0.0177% | 1h | $18K | $351 | 10x | as long as short |
| Backpack W_USDC_PERP | +0.363% | +0.0100% | 1h | $37K | $48K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.474% | +0.1502% | 1h | $146K | $193K | 20x | as long as short |
| Injective W/USDC PERP | +3.629% | +0.0033% | 1h | $1K | $23K | 12x | as long as short |