ATH

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0269%/8h= −29.5% APRnext payment −$1.35 per $10,000 · paid last 24h −0.076%

Price spread now: Variational Omni against OKX−0.299%7-day average −0.074% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.085%−$8 on $10k

Price spread, last 3 days (all we have)+0.559%+$56 · spread now −0.299%, 7d avg −0.074%

Together, before fees+0.475%+ Points / potential airdropVariational Omni: Active · farm board+$47 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.225% cheaper against OKX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.074%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.085% in total (about -9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX ATH-USDT-SWAP	0.005532	−0.0026	get 0.0013% / 4h	2h 54m	$709K	$1.2M	20x
Short	Variational Omni ATH	0.005515	−0.0295	pay 0.0148% / 4h	2h 54m	$185K	$94K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 OKXbpFee Variational OmnibpOrdersPrice spread, now −0.299%Rate

Funding earned: −$56.56
Price spread: −0.299% → −0.074%: −$22.47
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$89.02
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 34 min ago. 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 OKX live order book, 2 min ago	6.33 bp	36.2 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 34 min ago	8.15 bp	doesn't fit	122.2 bp −$1,222	doesn't fit	doesn't fit

ATH on 13 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_ATHUSD	−0.3538%	1h	0.005536	+0.078%	$20K	$107K	10x	as long as short
Variational Omni ATHshort	−0.0295%	4h	0.005515	−0.299%	$185K	$94K	—
OKX ATH-USDT-SWAPlong	−0.0026%	4h	0.005532	long leg	$709K	$1.2M	20x
dYdX ATH-USD	0.0000%	1h	0.005540	+0.145%	$11K	$16	5x	as long as short
Aster ATHUSDT	+0.0100%	4h	0.005545	+0.240%	$6K	$34K	5x	as long as short
Binance ATHUSDT	+0.0100%	4h	0.005541	+0.162%	$3.4M	$3.8M	50x	as long as short
Bybit ATHUSDT	+0.0100%	4h	0.005529	−0.054%	$4.5M	$2.3M	25x	as long as short
Gate ATH_USDT	+0.0100%	4h	0.005531	−0.018%	$793K	$520K	30x	as long as short
MEXC ATH_USDT	+0.0100%	4h	0.005541	+0.163%	$8.8M	$660K	50x	as long as short
KuCoin ATHUSDTM	+0.0100%	4h	0.005527	−0.090%	$557K	$83K	30x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ATHUSDT	+0.0100%	4h	0.005537	+0.090%	$1.5M	$783K	25x	as long as short
BingX ATH-USDT	+0.0100%	4h	0.005536	+0.072%	—	$21.8M	—	as long as short
BloFin ATH-USDT	+0.0108%	4h	0.005540	+0.145%	$128K	$58K	75x	as long as short