Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%

Price spread now: Variational Omni against Bybit+0.004%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit AMATUSDT	463.98	0	get 0.0000% / 8h	3h 30m	$952K	$655K	25x
Short	Variational Omni AMAT	464.00	0	get 0.0000% / 8h	3h 30m	$76K	$21K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → 0.000%: $0.39
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$10.61
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 15 min ago; Variational Omni: no order-book sample. Net counts fees only.

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 Bybit live order book, 15 min ago	3.13 bp	25.2 bp −$25	127.6 bp −$1,276	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

AMAT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster AMATUSDT	0.0000%	8h	464.28	+0.064%	$10K	$11K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	464.10	+0.025%	$5K	$40K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	464.08	+0.022%	$8.9M	$12.7M	20x	as long as short
Bybit AMATUSDTlong	0.0000%	8h	463.98	long leg	$952K	$655K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	464.82	+0.181%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	464.20	+0.047%	$2.0M	$6.5M	50x	as long as short
Bitget AMATUSDT	0.0000%	8h	464.30	+0.069%	$2.1M	$1.7M	20x	as long as short
Variational Omni AMATshort	0.0000%	8h	464.00	+0.004%	$76K	$21K	—
GRVT AMAT_USDT_Perp	0.0000%	8h	463.82	−0.034%	$673	$126K	10x	as long as short
BloFin AMAT-USDT	+0.0010%	8h	463.79	−0.041%	$110K	$74K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest AMAT-USD-PERP	+0.0046%	1h	463.95	−0.006%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	464.06	+0.017%	$2.6M	$2.7M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	463.44	−0.116%	$404K	$404K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	464.17	+0.041%	$900	$386K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	464.93	+0.205%	$169K	$39K	20x	as long as short
Phoenix AMAT	+0.0310%	1h	463.93	−0.011%	$19K	$127K	10x	as long as short