Funding you earn now, next payment 23:00 UTC+0.0269%/8h= +29.4% APRpaid last 24h +0.073%
Price spread now: GMX against Variational Omni+0.304%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and GMX is 0.304% dearer against Variational Omni than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ALGO | 0.1119 | −0.0080 | get 0.0080% / 8h | 1h 21m | $65K | $10K | — |
| Short | GMX ALGO/USD [WBTC.b-USDC] | 0.1122 | L +0.0255% / S −0.0189% | get 0.0024% / 1h | 21m 55s | $5K | — | 100x |
Variational Omni ALGO
GMX ALGO/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $56.45
- Price spread: +0.304% → 0.000%
- $30.39
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $74.84
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; GMX: 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 GMX no order-book sample | — | — | — | — | — |
Variational Omni and GMX: 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 | −0.0552% | 1h | 0.1122 | +0.263% | $102K | $50K | 25x | as long as short |
| Injective ALGO/USDC PERP | −0.0295% | 1h | 0.1120 | +0.102% | $834 | $233K | 12x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0287% | 1h | 0.1122 | +0.300% | $836K | $1.2M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0106% | 8h | 0.1121 | +0.191% | $11.3M | $12.3M | 75x | as long as short |
| Variational Omni ALGOlong | −0.0080% | 8h | 0.1119 | long leg | $65K | $10K | — | |
| Coinbase International ALGO-PERP-INTX | −0.0056% | 1h | 0.1121 | +0.156% | $62K | $332K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1122 | +0.272% | $6K | — | 150x | as long as short |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1123 | +0.388% | $3.7M | $1.9M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.272% | $44K | $36K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.254% | $9.8M | $34.9M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Injective ALGO/USDC PERP
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1121 | +0.191% | $3.0M | $7.7M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1121 | +0.218% | $890K | $853K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1122 | +0.245% | $23.3M | $2.8M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1122 | +0.245% | $3.6M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1122 | +0.281% | $5.7M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1121 | +0.191% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1121 | +0.182% | $66K | $109K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1123 | +0.370% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1121 | +0.235% | $7K | $210K | 10x | as long as short |
| BloFin ALGO-USDT | +0.0220% | 8h | 0.1120 | +0.111% | $487K | $793K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC]short | L +0.0255% / S −0.0189% | 1h | 0.1122 | +0.304% | $5K | — | 100x | |
| dYdX ALGO-USD | +0.1506% | 1h | 0.1121 | +0.187% | $161K | $3K | 5x | as long as short |
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
BloFin ALGO-USDT
dYdX ALGO-USD