Funding arb · Price arb /

AMAT

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Swap Backtest

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 −0.038%

Price spread now: Bybit against Variational Omni+0.012%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Bybit

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 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	Variational Omni AMAT	460.20	0	get 0.0000% / 8h	1h 00m	$62K	$45K	—
Short	Bybit AMATUSDT	460.26	0	get 0.0000% / 8h	1h 00m	$840K	$693K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee Variational OmnibpFee BybitbpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.21
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$9.79
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 39 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Bybit live order book, 39 min ago	2.40 bp	15.3 bp −$15	100.9 bp −$1,009	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.

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
Bitget AMATUSDT	−0.0486%	8h	460.63	+0.092%	$1.9M	$1.8M	20x	as long as short
Aster AMATUSDT	0.0000%	8h	460.43	+0.048%	$10K	$10K	20x	as long as short
Extended AMAT-USD	0.0000%	1h	460.26	+0.012%	$5K	$27K	10x	as long as short
Binance AMATUSDT	0.0000%	8h	460.25	+0.010%	$8.4M	$14.1M	20x	as long as short
Bybit AMATUSDTshort	0.0000%	8h	460.26	+0.012%	$840K	$693K	25x
OKX AMAT-USDT-SWAP	0.0000%	8h	460.53	+0.071%	$1.4M	$1.6M	20x	as long as short
Gate AMAT_USDT	0.0000%	8h	460.30	+0.021%	$1.6M	$6.1M	50x	as long as short
Variational Omni AMATlong	0.0000%	8h	460.20	long leg	$62K	$45K	—
GRVT AMAT_USDT_Perp	0.0000%	8h	460.41	+0.045%	$184	$113K	10x	as long as short
BloFin AMAT-USDT	+0.0006%	8h	460.43	+0.049%	$108K	$118K	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	460.35	+0.032%	—	—	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	460.09	−0.025%	$2.2M	$2.6M	10x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	459.69	−0.112%	$397K	$533K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	460.72	+0.112%	$848	$384K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	460.76	+0.121%	$168K	$39K	20x	as long as short
Phoenix AMAT	+0.0277%	1h	460.45	+0.053%	$18K	$114K	10x	as long as short