Funding you earn now, next payment 00:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h −0.126%
Price spread now: Variational Omni against Coinbase International−0.385%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 −$11 a day on $10k at the current rate, and Variational Omni is 0.385% cheaper against Coinbase International than usual: you would sell low and buy high (−$39 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 | Coinbase International ALT-PERP-INTX | 0.007589 | 0.0392 | pay 0.0049% / 1h | 19m 07s | $14K | $3K | 50x |
| Short | Variational Omni ALT | 0.007560 | 0.0040 | get 0.0020% / 4h | 3h 19m | $5K | $13K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$73.96
- Price spread: −0.385% → 0.000%
- −$38.54
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$122.49
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Coinbase International and 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALTUSD | −0.0496% | 1h | 0.007561 | −0.372% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007563 | −0.343% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007381 | −2.741% | $815 | $4K | 5.5x | as long as short |
| Variational Omni ALTshort | +0.0040% | 4h | 0.007560 | −0.385% | $5K | $13K | — | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007553 | −0.474% | $1.1M | $179K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007555 | −0.442% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007553 | −0.474% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007557 | −0.422% | $51K | $407K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007561 | −0.369% | $416K | $186K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007568 | −0.277% | $149K | $21K | 30x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007557 | −0.422% | $600K | $124K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007551 | −0.501% | — | $1.3M | — | as long as short |
| BloFin ALT-USDT | +0.0140% | 4h | 0.007564 | −0.329% | $172K | $10K | 50x | as long as short |
| Coinbase International ALT-PERP-INTXlong | +0.0392% | 1h | 0.007589 | long leg | $14K | $3K | 50x |
Coinbase International ALT-PERP-INTX
Variational Omni ALT
Kraken Futures PF_ALTUSD
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
BloFin ALT-USDT