Funding you earn now, next payment 03:00 UTC−0.2198%/8h= −240.6% APRpaid last 24h −0.567%
Price spread now: Variational Omni against dYdX−0.217%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$66 a day on $10k at the current rate, and Variational Omni is 0.217% cheaper against dYdX than usual: you would sell low and buy high (−$22 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 | dYdX ALGO-USD | 0.1126 | 0.2298 | pay 0.0287% / 1h | 39m 56s | $162K | $4K | 5x |
| Short | Variational Omni ALGO | 0.1123 | 0.0100 | get 0.0100% / 8h | 5h 39m | $61K | $12K | — |
dYdX ALGO-USD
Variational Omni ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against dYdX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$461.5
- Price spread: −0.217% → 0.000%
- −$21.71
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$493.21
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: live order book, 24 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy dYdX live order book, 24 min ago | 21.36 bp | 33.2 bp −$33 | 121.4 bp −$1,214 | 258.0 bp −$25.8K | 1404.9 bp −$702.5K |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0105% | 1h | 0.1125 | −0.042% | $96K | $46K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1126 | −0.017% | $17K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1121 | −0.451% | $71K | $271K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.513% | $834 | $233K | 12x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1126 | +0.010% | $45K | $40K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1125 | −0.069% | $9.9M | $34.5M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1124 | −0.149% | $11.8M | $12.3M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1124 | −0.140% | $2.9M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1125 | −0.078% | $881K | $849K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1124 | −0.140% | $23.0M | $3.0M | 200x | as long as short |
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1125 | −0.087% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1125 | −0.069% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1125 | −0.060% | — | $3.3M | — | as long as short |
| Variational Omni ALGOshort | +0.0100% | 8h | 0.1123 | −0.217% | $61K | $12K | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1124 | −0.149% | $60K | $141K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1127 | +0.109% | $3.8M | $1.8M | 50x | as long as short |
| Hyperliquid ALGO | +0.0103% | 1h | 0.1127 | +0.118% | $3.7M | $2.0M | 5x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1124 | −0.175% | $4K | $229K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1123 | −0.211% | $493K | $888K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0344% / S −0.0313% | 1h | 0.1125 | −0.052% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0351% | 1h | 0.1125 | −0.078% | $832K | $1.1M | 50x | as long as short |
| dYdX ALGO-USDlong | +0.2298% | 1h | 0.1126 | long leg | $162K | $4K | 5x |
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Hyperliquid ALGO
Extended ALGO-USD
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD