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

COST

RWAall COST markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0235%/8h= −25.8% APRnext payment $2.35 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against Variational Omni−0.049%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bitget is 0.049% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COST898.800.0235pay 0.0235% / 8h6h 41m$42K$17K
ShortBitget COSTUSDT898.360get 0.0000% / 8h6h 41m$403K$111K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$49.43
Price spread: −0.049% → 0.000%
−$4.9
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$66.33
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 19 min ago. 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 Variational Omni no order-book sample
Sell Bitget live order book, 19 min ago5.90 bp12.5 bp −$1330.8 bp −$308doesn't fitdoesn'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.

COST on 15 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
Aster COSTUSDT0.0000%8h898.54−0.029%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.04+0.027%$491K$218K25xas long as short
Gate COST_USDT0.0000%8h899.04+0.027%$523K$7K25xas long as short
Bitget COSTUSDTshort0.0000%8h898.36−0.049%$403K$111K25x
SunX COST-USDT0.0000%8h898.10−0.078%$2K$3.0M10xas long as short
HTX COST-USDT0.0000%8h900.25+0.161%$10K$42K10xas long as short
QFEX COST-USD+0.0009%1h898.87+0.008%$1.1M$3.0M10xas long as short
OKX COST-USDT-SWAP+0.0029%8h898.51−0.032%$444K$121K10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.759%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.25−0.061%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest COST-USD-PERP+0.0046%1h898.96+0.018%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.75−0.006%$1.8M$525K20xas long as short
KuCoin COSTUSDTM+0.0100%8h898.30−0.056%$47K$864K20xas long as short
Variational Omni COSTlong+0.0235%8h898.80long leg$42K$17K
Binance COSTUSDT+0.0372%8h898.94+0.015%$1.1M$940K20xas long as short