Funding you earn now, next payment 04:00 UTC−0.0302%/8h= −33.1% APRnext payment −$1.51 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Variational Omni+0.103%7-day average +0.017% · 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)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.133%+$13 · spread now +0.103%, 7d avg +0.017%
=Together, before fees+0.114%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.086% dearer against Variational Omni than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.017%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 3 days (−0.020% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.020% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.51 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 | Variational Omni CC | 0.1168 | 0.0100 | pay 0.0050% / 4h | 4m 07s | $596K | $56K | — |
| Short | MEXC CC_USDT | 0.1169 | −0.0202 | pay 0.0101% / 4h | 4m 07s | $1.7M | $333K | 100x |
Variational Omni CC
MEXC CC_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
- −$63.42
- Price spread: +0.103% → +0.017%
- $8.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$58.79
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 55 min ago; MEXC: live order book, 2 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, 55 min ago | 12.85 bp | doesn't fit | 389.7 bp −$3,897 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.43 bp | 7.5 bp −$8 | 57.9 bp −$579 | 220.1 bp −$22.0K | 480.6 bp −$240.3K |
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 | −0.3024% | 1h | 0.1180 | +1.010% | $402 | $3K | 5.5x | as long as short |
| Bybit CCUSDT | −0.0211% | 4h | 0.1169 | +0.112% | $10.7M | $3.8M | 25x | as long as short |
| MEXC CC_USDTshort | −0.0202% | 4h | 0.1169 | +0.103% | $1.7M | $333K | 100x | |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1169 | +0.046% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1172 | +0.317% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1169 | +0.101% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1170 | +0.129% | $11.0M | $12.1M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1171 | +0.232% | $2.5M | $3.2M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1170 | +0.163% | $362K | $217K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1171 | +0.206% | $482K | $122K | 50x | as long as short |
Injective CC/USDC PERP
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate 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 | 0.1171 | +0.214% | $916K | $783K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1170 | +0.129% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1170 | +0.129% | $15K | $22K | 10x | as long as short |
| Variational Omni CClong | +0.0100% | 4h | 0.1168 | long leg | $596K | $56K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1170 | +0.170% | $84K | $2.5M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1168 | +0.023% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1169 | +0.086% | $594K | $98K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1171 | +0.208% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0680% | 1h | 0.1175 | +0.617% | $243K | $160K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC