Funding arb · Price arb /

COST

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0341%/8h= −37.4% APRpaid last 24h −0.024%

Price spread now: Vest against Variational Omni−0.114%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

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Vest is 0.114% cheaper against Variational Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni COST	898.13	0.0387	pay 0.0387% / 8h	7h 48m	$42K	$17K	—
Short	Vest COST-USD-PERP	897.10	0.0046	get 0.0006% / 1h	48m 05s	—	—	25x

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 −0.114%Rate

Funding earned: −$71.68
Price spread: −0.114% → 0.000%: −$11.42
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$85.1
Costs to cover: 0.020%
Break-even: never at this rate

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.

COST on 15 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 COSTUSDT	0.0000%	8h	898.16	+0.003%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	898.45	+0.036%	$491K	$218K	25x	as long as short
Gate COST_USDT	0.0000%	8h	898.63	+0.056%	$523K	$7K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	898.42	+0.033%	$403K	$111K	25x	as long as short
SunX COST-USDT	0.0000%	8h	897.60	−0.059%	$1K	$3.1M	10x	as long as short
HTX COST-USDT	0.0000%	8h	900.06	+0.215%	$10K	$42K	10x	as long as short
QFEX COST-USD	+0.0017%	1h	898.04	−0.010%	$1.1M	$3.2M	10x	as long as short
OKX COST-USDT-SWAP	+0.0030%	8h	898.84	+0.080%	$444K	$135K	10x	as long as short
Injective COST/USDC PERP	+0.0033%	1h	891.98	−0.684%	$2K	$28K	12x	as long as short
Extended COST-USD	+0.0040%	1h	898.25	+0.014%	—	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest COST-USD-PERPshort	+0.0046%	1h	897.10	−0.114%	—	—	25x
tradeXYZ xyz:COST	+0.0050%	1h	897.32	−0.090%	$1.8M	$532K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	897.60	−0.059%	$48K	$854K	20x	as long as short
Variational Omni COSTlong	+0.0387%	8h	898.13	long leg	$42K	$17K	—
Binance COSTUSDT	+0.0542%	8h	898.18	+0.006%	$1.1M	$962K	20x	as long as short