CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0271%/8h= −29.7% APRnext payment −$1.36 per $10,000 · paid last 24h −0.034%

Price spread now: Variational Omni against MEXC+0.237%7-day average — · you sell dearer than you buy

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Variational Omni is 0.237% dearer against MEXC than usual: you sell high and buy low (spread +0.237% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CAP_USDT	0.04546	0.0100	pay 0.0050% / 4h	2h 55m	$527K	$228K	20x
Short	Variational Omni CAP	0.04557	−0.0171	pay 0.0086% / 4h	2h 55m	$8K	$8K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now +0.237%Rate

Funding earned: −$56.97
Price spread: +0.237% → 0.000%: $23.74
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$41.23
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: MEXC: live order book, 5 min ago; 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 MEXC live order book, 5 min ago	1.09 bp	10.8 bp −$11	47.2 bp −$472	242.8 bp −$24.3K	789.4 bp −$394.7K
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

CAP 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
KuCoin CAPUSDTM	−0.0922%	4h	0.04534	−0.264%	$4.3M	$1.4M	10x	as long as short
OKX CAP-USDT-SWAP	−0.0663%	4h	0.04546	0.000%	$2.1M	$6.9M	10x	as long as short
Variational Omni CAPshort	−0.0171%	4h	0.04557	+0.237%	$8K	$8K	—
Bybit CAPUSDT	−0.0159%	4h	0.04545	−0.022%	$4.4M	$4.1M	10x	as long as short
Bitget CAPUSDT	−0.0146%	4h	0.04543	−0.066%	$1.0M	$585K	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04553	+0.149%	$493	—	150x	as long as short
BloFin CAP-USDT	+0.0089%	4h	0.04543	−0.066%	$375K	$59K	10x	as long as short
Lighter CAP	+0.0096%	1h	0.04544	−0.055%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04548	+0.038%	$25K	$66K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04546	0.000%	$8.9M	$8.7M	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate CAP_USDT	+0.0100%	4h	0.04547	+0.022%	$329K	$1.1M	20x	as long as short
MEXC CAP_USDTlong	+0.0100%	4h	0.04546	long leg	$527K	$228K	20x
BingX CAP-USDT	+0.0100%	4h	0.04541	−0.110%	—	$1.6M	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04550	+0.090%	$5K	$582	10x	as long as short