Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Derive−0.134%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.134% cheaper against Derive than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive CC-PERP | 0.1162 | 0.0100 | pay 0.0013% / 1h | 1m 56s | $5K | $35K | 6.7x |
| Short | Variational Omni CC | 0.1161 | 0.0100 | get 0.0050% / 4h | 1h 01m | $578K | $43K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Derive. 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
- $0
- Price spread: −0.134% → 0.000%
- −$13.45
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$19.45
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; Variational Omni: RFQ quote, 17 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 Derive no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 17 min ago | 8.61 bp | doesn't fit | 310.1 bp −$3,101 | doesn't fit | doesn't fit |
Derive: 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3951% | 1h | 0.1150 | −1.067% | $6K | $100 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0095% | 8h | 0.1163 | +0.092% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1163 | +0.074% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1163 | +0.077% | $11.0M | $11.1M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1163 | +0.051% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1165 | +0.223% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1162 | −0.061% | $360K | $213K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1163 | +0.051% | $1.6M | $317K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1164 | +0.111% | $493K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1164 | +0.129% | $928K | $788K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1163 | +0.086% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1163 | +0.094% | $15K | $22K | 10x | as long as short |
| Variational Omni CCshort | +0.0100% | 4h | 0.1161 | −0.134% | $578K | $43K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1162 | −0.039% | $78K | $2.3M | 10x | as long as short |
| Derive CC-PERPlong | +0.0100% | 1h | 0.1162 | long leg | $5K | $35K | 6.7x | |
| Hyperliquid CC | +0.0321% | 1h | 0.1166 | +0.318% | $5.4M | $1.3M | 3x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1163 | +0.025% | $584K | $105K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0442% / S −0.0239% | 1h | 0.1164 | +0.128% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1240% | 1h | 0.1168 | +0.473% | $234K | $152K | 5x | as long as short |
Derive CC-PERP
Variational Omni CC
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Hyperliquid CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC