DELTANEUTRAL
DEMO
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← Overview
DELTANEUTRAL DEMO
Live scanner across seven perpetual DEXes. Find and compare funding spreads, identify tradeable pairs, and monitor your positions.
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Waking up. This runs on free serverless hosting, not a dedicated server — the first request has to fetch live rates from all seven exchanges before the table below has anything to show. A few seconds, not a miracle. Hang on.
Top venue pairs
what each cross is worth right now| # | Cross | Opportunities | Top spread | $ / day · top | Aligned |
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The top five crosses by whatever the selector above is set to — change it and a different five come up. Click a row to open that cross in the Pairs Scanner; the full matrix behind these numbers is on Multi-Venue. Aligned counts the opportunities where the price gap pulls the same way as the funding — those are the ones where a narrowing gap pays you on top of the carry.
Heatmap · best spread
short the row, long the columnrow pays lessrow pays more
Each cell is the single largest funding difference that cross offers, seen from the row venue. The mirror cell is the same pair from the other side, hence the opposite sign. Hover for the asset; click a Variational cross to open it.
Scope
Leg ($)
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Data
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Live market data · 90 s refresh · read-only demo
Live market data · 90 s refresh · read-only demo
Multi-Venue›
every asset, every venue
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Leg size
The raw funding matrix: every asset, on every venue you left switched on. Coloured cells mark the row's best pair — red = short this leg, green = long it; if that pair's venue is switched off, the row shows no colour. Max size is the narrower leg's leverage cap, with the margin it needs below. For a ranked shortlist see Best Pairs; for spread, price gap, cost and break-even, click any row.
❓ What do the columns mean? click to expand
🌐 Multi-venue scanner
- Asset — the symbol; ⚠ marks pairs where no combination has ≥$10k of 24h volume on both legs (thin book, size down). Below it, how many venues list it at all — a 2-venue spread is far more fragile than a 6-venue one.
- Vari / Ethereal / Nado / Lighter / Lighter-RH / Aster / edgeX — that venue's current annualised funding rate (APR), each normalised from its own publishing convention and interval.
- Coloured cells — the row's best pair: red border = short this leg (you receive funding), green = long this leg (you pay). Their difference is the spread.
- Max size — the leverage cap of the narrower leg, with the margin that leg needs below it. A venue capping at ≤5× is telling you its book is thin — and on a thin book the price gap moves further than the funding pays.
- Type — RWA / ALT / MAJOR. Funding behaves differently in each: RWAs settle on 8h intervals on Variational, alts mostly hourly elsewhere.
- Everything else — spread, price gap, round-trip cost, break-even, 7-day history — is one click away in the deep dive, and ranked for you on Best Pairs.
Pairs Scanner›
Variational ↔ Aster
Leg ($):
| Asset | Type |  Vari | — | Spread | Gap | Noise / carry | Direction | $ / day | Leverage | 7d spr | Verdict |
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One cross at a time, every asset both venues list. Spread is the funding difference, with the Variational tick below it — that tick is a snapshot, so being in position at the boundary earns the whole interval. Gap is the price difference: its sign tells you whether the gap pulls with the funding (positive = you short the more expensive leg) and the dollar figure below is what a full close would move. Verdict reads the pair's own 7-day history, not the current tick. Click any row for the deep dive.
★ Best pairs Leg ($):
The score is not a black box: five measured components add up to it — spread, verdict, alignment, break-even and liquidity. Hover the score for the breakdown. Click a card for the deep dive.
◆ Gap watch Leg ($):
| Grade | Score | Asset | Type | Direction | Open | Gap | Median | Gap / cost | Stretch | Aligned | Vol S / L | Leg / vol | Carry | Verdict | Why |
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Every cross in one list, ranked by how suitable the pair is for a gap reversion — not by spread. The score adds up five measured components (hover it for the breakdown), and each threshold came out of a real round.
Gap / cost — the capturable gap divided by the open-and-close cost at taker fees. The gap returns to the pair's own median, not to zero, so only the distance to the median counts. One round had a $3.70 gap against a $3.81 cost: unwinnable before it started. Below 2× it is not worth it.
Stretch — how many deviations the gap sits from its own median. 2–8σ is the useful band; above 15σ it is more likely a break than a mispricing, so that is penalised, not rewarded.
Leg / vol — your leg as a share of the thinner venue's daily volume. At 10% and above you are the book.
Carry — what funding pays per day while you wait for the reversion.
A pair needs 12 hourly price measurements before it can be graded at all; until then it is listed under Excluded.
Position›
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Active config
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Net funding
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Divergencia
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Recommended config
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⚙ Configuration
⚖ Position
Position
Leg allocation
Position sizing
Risk management
📓 Journal · round PnL
Total round PnL
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No completed trades
Your closed delta-neutral rounds will appear here — one line each, with the net result and your own notes on the fee / basis / funding split.
| Date | PnL $ | Note |
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Put the round's net result in PnL $ (e.g. −3 or +8) and the breakdown — fees / basis move / funding — in the note. Every round here is delta-neutral, so there is no category: one number measures all of it. × deletes a row.
Deep dive
LIVE DATA · 90sREAD ONLY
Heuristics are advisory and may be wrong. Not financial advice.