Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRnext payment −$1.10 per $10,000 · paid last 24h −0.043%
Price spread now: Variational Omni against Gate+0.144%7-day average 0.000% · 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)−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.144%, 7d avg 0.000%
=Together, before fees+0.011%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.144% dearer against Gate than usual: you sell high and buy low (spread +0.144% now, against its 7-day average of 0.000%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 3 days (−0.019% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.019% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.10 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 | Gate BR_USDT | 1.1110 | 0.0320 | pay 0.0160% / 4h | 1h 41m | $7.5M | $8.7M | 20x |
| Short | Variational Omni BR | 1.1126 | 0.0100 | get 0.0050% / 4h | 1h 41m | $265K | $296K | — |
Gate BR_USDT
Variational Omni BRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$46.2
- Price spread: +0.144% → 0.000%
- $14.36
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$46.84
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 42 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 Gate live order book, 2 min ago | 0.76 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 42 min ago | 3.66 bp | doesn't fit | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1123 | +0.123% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1108 | −0.012% | $10.8M | $25.9M | 5x | as long as short |
| Variational Omni BRshort | +0.0100% | 4h | 1.1126 | +0.144% | $265K | $296K | — | |
| SunX BR-USDT | +0.0100% | 4h | 1.1143 | +0.296% | — | $689K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1203 | +0.841% | $86K | $238K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0312% | 4h | 1.1116 | +0.058% | $4.9M | $5.5M | 30x | as long as short |
| Gate BR_USDTlong | +0.0320% | 4h | 1.1110 | long leg | $7.5M | $8.7M | 20x | |
| Aster BRUSDT | +0.0560% | 4h | 1.1126 | +0.150% | $729K | $2.7M | 5x | as long as short |
| Bitget BRUSDT | +0.0728% | 4h | 1.1126 | +0.149% | $8.1M | $12.6M | 10x | as long as short |
| MEXC BR_USDT | +0.1180% | 4h | 1.1136 | +0.236% | $15.4M | $7.5M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1182% | 4h | 1.1124 | +0.125% | $53.3M | $164.1M | 25x | as long as short |
Binance BRUSDT