Funding arb · Price arb /

AMAT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.025%

Price spread now: Vest against Variational Omni−0.031%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Vest

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 · Vest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni AMAT	470.63	0	get 0.0000% / 8h	4h 36m	$66K	$44K	—
Short	Vest AMAT-USD-PERP	470.48	0.0046	get 0.0006% / 1h	36m 22s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.031%Rate

Funding earned: $9.59
Price spread: −0.031% → 0.000%: −$3.14
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: $4.45
Costs to cover: 0.020%
Break-even: 3.8 days

Slippage unknown: Variational Omni: no order-book sample; Vest: 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

Variational Omni and Vest: 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	470.31	−0.068%	$10K	$11K	20x	as long as short
Bybit AMATUSDT	0.0000%	8h	470.44	−0.040%	$898K	$656K	25x	as long as short
OKX AMAT-USDT-SWAP	0.0000%	8h	471.23	+0.128%	$1.4M	$1.6M	20x	as long as short
Bitget AMATUSDT	0.0000%	8h	470.76	+0.028%	$2.1M	$1.7M	20x	as long as short
Variational Omni AMATlong	0.0000%	8h	470.63	long leg	$66K	$44K	—
GRVT AMAT_USDT_Perp	0.0000%	8h	470.81	+0.039%	$852	$101K	10x	as long as short
Binance AMATUSDT	+0.0044%	8h	470.57	−0.013%	$8.9M	$12.6M	20x	as long as short
Vest AMAT-USD-PERPshort	+0.0046%	1h	470.48	−0.031%	—	—	10x
Extended AMAT-USD	+0.0048%	1h	470.47	−0.034%	$5K	$27K	10x	as long as short
tradeXYZ xyz:AMAT	+0.0050%	1h	470.51	−0.025%	$2.6M	$2.2M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin AMAT-USDT	+0.0068%	8h	470.50	−0.027%	$109K	$94K	20x	as long as short
KuCoin AMATUSDTM	+0.0100%	8h	470.19	−0.093%	$413K	$506K	20x	as long as short
SunX AMAT-USDT	+0.0100%	8h	470.40	−0.048%	$1K	$363K	10x	as long as short
HTX AMAT-USDT	+0.0100%	8h	471.80	+0.249%	$172K	$39K	20x	as long as short
Phoenix AMAT	+0.0221%	1h	470.69	+0.013%	$19K	$110K	10x	as long as short
Gate AMAT_USDT	+0.0418%	8h	470.60	−0.006%	$1.7M	$6.3M	50x	as long as short