Settings8H · net · $10k
Funding arb · Price arb /

BOT

RWAall BOT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0713%/8h= −78.1% APRpaid last 24h −0.278%
Price spread now: Variational Omni against Lighter−0.523%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Variational Omni is 0.523% cheaper against Lighter than usual: you would sell low and buy high (−$52 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter BOT29.5140.0032pay 0.0004% / 1h21m 26s$68K$1K3x
ShortVariational Omni BOT29.360−0.0681pay 0.0681% / 8h3h 21m$31K$14K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. 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

Funding earned
−$149.83
Price spread: −0.523% → 0.000%
−$52.32
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$202.16
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter no order-book sample
Sell Variational Omni no order-book sample
Lighter and 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.

BOT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BOT−0.1615%1h29.358−0.529%$3.1M$771K10xas long as short
KuCoin BOTUSDTM−0.1019%8h29.340−0.590%$95K$294K20xas long as short
OKX BOT-USDT-SWAP−0.1008%8h29.360−0.522%$234K$213K20xas long as short
Binance BOTUSDT−0.0761%8h29.357−0.531%$451K$1.2M10xas long as short
Variational Omni BOTshort−0.0681%8h29.360−0.523%$31K$14K
QFEX BOT-USD−0.0080%1h29.350−0.556%$1.2M$516K10xas long as short
Bybit BOTUSDT0.0000%8h29.340−0.590%$508K$555K25xas long as short
Gate BOT_USDT0.0000%8h29.380−0.454%$254K$235K20xas long as short
Bitget BOTUSDT0.0000%8h29.420−0.318%$246K$120K5xas long as short
Lighter BOTlong+0.0032%1h29.514long leg$68K$1K3x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus BOT-USD+0.0040%1h29.320−0.657%$3K$9K5xas long as short
HTX BOT-USDT+0.0100%8h29.381−0.451%$3K$34K10xas long as short