Funding arb · Price arb /

AMAT

RWAall AMAT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.003%

Price spread now: tradeXYZ against Variational Omni+0.006%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 tradeXYZ

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 · tradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMAT	469.88	0.0095	pay 0.0095% / 8h	5h 24m	$65K	$44K	—
Short	tradeXYZ xyz:AMAT	469.91	0.0050	get 0.0006% / 1h	24m 04s	$2.6M	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$9.41
Price spread: +0.006% → 0.000%: $0.56
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$26.85
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago	2.23 bp	11.4 bp −$11	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.

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	469.93	+0.009%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.02	+0.029%	$898K	$656K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	469.98	+0.021%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.13	+0.052%	$2.1M	$1.7M	20x	as long as short
GRVT AMAT_USDT_Perp	0.0000%	8h	469.94	+0.012%	$188	$100K	10x	as long as short
Vest AMAT-USD-PERP	+0.0046%	1h	469.73	−0.033%	—	—	10x	as long as short
tradeXYZ xyz:AMATshort	+0.0050%	1h	469.91	+0.006%	$2.6M	$2.3M	10x
Variational Omni AMATlong	+0.0095%	8h	469.88	long leg	$65K	$44K	—
KuCoin AMATUSDTM	+0.0100%	8h	469.62	−0.056%	$412K	$482K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.53	+0.138%	$993	$365K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX AMAT-USDT	+0.0100%	8h	471.09	+0.257%	$171K	$40K	20x	as long as short
BloFin AMAT-USDT	+0.0138%	8h	469.73	−0.033%	$110K	$91K	20x	as long as short
Binance AMATUSDT	+0.0158%	8h	470.01	+0.027%	$8.9M	$12.6M	20x	as long as short
Extended AMAT-USD	+0.0160%	1h	469.94	+0.011%	$5K	$27K	10x	as long as short
Phoenix AMAT	+0.0204%	1h	470.04	+0.033%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0252%	8h	469.80	−0.018%	$1.7M	$6.4M	50x	as long as short