Funding you earn now, next payment 23:00 UTC−0.0339%/8h= −37.2% APRpaid last 24h −0.090%
Price spread now: Variational Omni against GMX−0.210%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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.210% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CC/USD [WBTC.b-USDC] | 0.1154 | L +0.0439% / S −0.0239% | pay 0.0055% / 1h | 44m 09s | $43K | — | 50x |
| Short | Variational Omni CC | 0.1152 | 0.0100 | get 0.0050% / 4h | 1h 44m | $574K | $43K | — |
GMX CC/USD [WBTC.b-USDC]
Variational Omni CCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$71.25
- Price spread: −0.210% → 0.000%
- −$21.05
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$104.3
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 40 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 40 min ago | 8.61 bp | doesn't fit | 249.6 bp −$2,496 | doesn't fit | doesn't fit |
GMX: 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 | 0.1144 | −0.877% | $6K | $97 | 5.5x | as long as short |
| Gate CC_USDT | +0.0022% | 4h | 0.1154 | −0.002% | $358K | $211K | 50x | as long as short |
| Paradex CC-USD-PERP | +0.0087% | 8h | 0.1154 | −0.040% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1157 | +0.267% | $5.4M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1155 | +0.059% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1155 | +0.076% | $10.9M | $11.0M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1155 | +0.059% | $10.4M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1156 | +0.180% | $2.5M | $3.4M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1155 | +0.076% | $1.6M | $308K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1154 | −0.019% | $489K | $115K | 50x | as long as short |
Injective CC/USDC PERP
Gate CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1155 | +0.050% | $926K | $787K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1155 | +0.076% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1155 | +0.094% | $16K | $22K | 10x | as long as short |
| Variational Omni CCshort | +0.0100% | 4h | 0.1152 | −0.210% | $574K | $43K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1152 | −0.145% | $80K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1152 | −0.152% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1151 | −0.270% | $583K | $103K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC]long | L +0.0439% / S −0.0239% | 1h | 0.1154 | long leg | $43K | — | 50x | |
| Lighter CC | +0.1256% | 1h | 0.1159 | +0.406% | $233K | $151K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
Lighter CC