Funding you earn now, next payment 00:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.41 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against Variational Omni+0.005%7-day average +0.007% · 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)−0.013%−$1 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now +0.005%, 7d avg +0.007%
=Together, before fees+0.001%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BTC | 86,582.6 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $156.4M | $568.8M | — |
| Short | MEXC BTC_USDT | 86,586.9 | 0.0059 | get 0.0059% / 8h | 1h 53m | $5.19B | $5.61B | 500x |
Variational Omni BTC
MEXC BTC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$8.61
- Price spread: +0.005% → +0.007%
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$12.85
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; MEXC: live order book, 6 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 Variational Omni RFQ quote, 1 min ago | 0.69 bp | doesn't fit | 0.7 bp −$7 | 0.7 bp −$69 | doesn't fit |
| Sell MEXC live order book, 6 min ago | 0.01 bp | 2.0 bp −$2 | 2.0 bp −$20 | 2.2 bp −$220 | 2.6 bp −$1,322 |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps BTCUSD | −0.0217% | 1h | 86,636.4 | +0.062% | $79K | $197K | 20x | as long as short |
| Phoenix BTC | −0.0103% | 1h | 86,639 | +0.065% | $2.2M | $11.8M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,653 | +0.081% | $9K | $3K | 50x | as long as short |
| dYdX BTC-USD | −0.0027% | 1h | 86,634.2 | +0.060% | $17.6M | $20.6M | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0008% | 1h | 86,664.1 | +0.094% | $359K | $2.4M | 50x | as long as short |
| Aster BTCUSDT | −0.0004% | 8h | 86,585.9 | +0.004% | $505.5M | $1.16B | 200x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,636.9 | +0.063% | $421K | $24.2M | 6.7x | as long as short |
| Deribit BTC-PERPETUAL | 0.0000% | 1h | 86,629.9 | +0.055% | $926.1M | $1.47B | 50x | as long as short |
| KuCoin XBTUSDTM | +0.0003% | 8h | 86,576 | −0.008% | $851.1M | $709.6M | 125x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0005% / S −0.0004% | 1h | 86,626.6 | +0.051% | $36.8M | — | 200x | as long as short |
Aftermath Perps BTCUSD
Phoenix BTC
Hotstuff BTC-PERP
dYdX BTC-USD
01 Exchange BTCUSD
Aster BTCUSDT
Perpl BTC
Deribit BTC-PERPETUAL
KuCoin XBTUSDTM
gTrade (Gains Network) BTC/USDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx BTC/USDC | +0.0006% | 1h | 86,593.2 | +0.012% | $8.5M | $43.2M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0008% | 1h | 86,685.8 | +0.119% | $727K | $8.1M | 30x | as long as short |
| Reya BTCRUSDPERP | +0.0022% | 1h | 86,610.2 | +0.032% | $6.7M | $144.6M | 40x | as long as short |
| Injective BTC/USDC PERP | +0.0024% | 1h | 86,587 | +0.005% | $315K | $26.8M | 52x | as long as short |
| Phemex BTCUSDT | +0.0028% | 8h | 86,581.8 | −0.001% | $149.6M | $473.2M | 150x | as long as short |
| BingX BTC-USDC | +0.0030% | 8h | 86,569.5 | −0.015% | — | $15.3M | — | as long as short |
| Bitget BTCUSDT | +0.0038% | 8h | 86,581.9 | −0.001% | $2.95B | $5.09B | 150x | as long as short |
| Aevo BTC-PERP | +0.0056% | 1h | 86,615 | +0.037% | $2.4M | $1.3M | 20x | as long as short |
| MEXC BTC_USDTshort | +0.0059% | 8h | 86,586.9 | +0.005% | $5.19B | $5.61B | 500x | |
| Binance BTCUSDT | +0.0060% | 8h | 86,585.3 | +0.003% | $9.42B | $24.39B | 150x | as long as short |
| SoDEX BTC-USD | +0.0075% | 1h | 86,599 | +0.019% | $60.5M | $336.7M | 40x | as long as short |
| Gate BTC_USDT | +0.0083% | 8h | 86,583.4 | +0.001% | $5.85B | $10.61B | 200x | as long as short |
| Bybit BTCUSDT | +0.0087% | 8h | 86,592.3 | +0.011% | $5.27B | $9.74B | 150x | as long as short |
| Nado BTC-PERP | +0.0096% | 1h | 86,662.7 | +0.092% | $21.6M | $234.4M | 50x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,595.7 | +0.015% | $172.0M | $997.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,612 | +0.034% | $24.1M | $151.5M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,644 | +0.071% | $8.5M | $52.3M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,573 | −0.011% | $205K | $6.9M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,628.8 | +0.053% | $4.8M | $8.3M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,662 | +0.092% | $3.81B | $5.08B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,626.7 | +0.051% | $41.0M | $499.4M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,594 | +0.013% | $2.55B | $12.73B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,581 | −0.002% | $3.9M | $18.6M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,659.6 | +0.089% | $7.4M | $94.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,590.2 | +0.009% | $572.1M | $20.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,582.5 | 0.000% | $38.3M | $153.1M | 75x | as long as short |
| Variational Omni BTClong | +0.0100% | 8h | 86,582.6 | long leg | $156.4M | $568.8M | — | |
| edgeX BTCUSDC | +0.0100% | 4h | 86,554.6 | −0.032% | $279.5M | $940.9M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,561 | −0.025% | $217.2M | $183.6M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,556.4 | −0.030% | $141.5M | $322.9M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,647.8 | +0.075% | $30.7M | $203.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,680.9 | +0.113% | — | $11.6M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 86,632 | +0.057% | $11.1M | $13.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 86,607.9 | +0.029% | $193K | $3.4M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,614.1 | +0.036% | $2.5M | $8.6M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 86,624.6 | +0.049% | $141K | $618K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,599.9 | +0.020% | $30.0M | $61.6M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,660.4 | +0.090% | $3.4M | $5.5M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 86,602.8 | +0.023% | $2.30B | $960.5M | 200x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,564.6 | −0.021% | $46.4M | $226.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,674.6 | +0.106% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 86,636 | +0.062% | $131.8M | $5.80B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,624 | +0.048% | $191.4M | $937.3M | 100x | as long as short |
| BloFin BTC-USDT | +0.0180% | 8h | 86,642.7 | +0.069% | $417.2M | $655.6M | 150x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0180% / S −0.0210% | 1h | 86,619.9 | +0.043% | $15.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0186% | 8h | 86,673 | +0.104% | $9.6M | $726.6M | 6.4x | as long as short |
RISEx BTC/USDC
Hibachi BTC/USDT-P
Reya BTCRUSDPERP
Injective BTC/USDC PERP
Phemex BTCUSDT
BingX BTC-USDC
Bitget BTCUSDT
Aevo BTC-PERP
Binance BTCUSDT
SoDEX BTC-USD
Gate BTC_USDT
Bybit BTCUSDT
Nado BTC-PERP
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
Derive BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
BloFin BTC-USDT
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP