Funding you earn now, next payment 23:00 UTC−0.0147%/8h= −16.1% APRpaid last 24h −0.038%
Price spread now: Variational Omni against GMX−1.287%7-day average −0.064% · 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)−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)+1.158%+$116 · spread now −1.287%, 7d avg −0.064%
=Together, before fees+1.034%+ Points / potential airdropVariational Omni: Active · farm board+$103 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 1.223% cheaper against GMX than usual: you would sell low and buy high (−$122 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX DOGE/USD [ETH-USDC] | 0.1017 | L +0.0247% / S −0.0271% | pay 0.0031% / 1h | 42m 23s | $319K | — | 200x |
| Short | Variational Omni DOGE | 0.1003 | 0.0100 | get 0.0100% / 8h | 1h 42m | $934K | $7.8M | — |
GMX DOGE/USD [ETH-USDC]
Variational Omni DOGEFunding 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
- −$30.88
- Price spread: −1.287% → −0.064%
- −$122.31
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$165.19
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 4.96 bp | doesn't fit | 14.9 bp −$149 | 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.
DOGE on 44 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget DOGEUSDT | −0.0272% | 8h | 0.1016 | −0.024% | $155.5M | $263.5M | 75x | as long as short |
| Kalshi KXDOGEPERP | 0.0000% | 8h | 0.1011 | −0.586% | $404K | $4.5M | 2.8x | as long as short |
| Deribit DOGE_USDC-PERPETUAL | 0.0000% | 1h | 0.1017 | +0.091% | $616K | $105K | 25x | as long as short |
| gTrade (Gains Network) DOGE/USD | L +0.0001% / S −0.0001% | 1h | 0.1017 | +0.019% | $32K | — | 150x | as long as short |
| dYdX DOGE-USD | +0.0013% | 1h | 0.1012 | −0.397% | $227K | $44K | 10x | as long as short |
| Phoenix DOGE | +0.0081% | 1h | 0.1008 | −0.798% | $16K | $222K | 10x | as long as short |
| Gate DOGE_USDT | +0.0088% | 8h | 0.1017 | +0.006% | $244.6M | $121.8M | 75x | as long as short |
| Lighter DOGE | +0.0096% | 1h | 0.1014 | −0.297% | $793K | $5.3M | 15x | as long as short |
| Katana Perps DOGE-USD | +0.0096% | 8h | 0.1016 | −0.043% | $849 | $359K | 10x | as long as short |
| Nado DOGE-PERP | +0.0100% | 1h | 0.1016 | −0.053% | $714K | $777K | 10x | as long as short |
Bitget DOGEUSDT
Kalshi KXDOGEPERP
Deribit DOGE_USDC-PERPETUAL
gTrade (Gains Network) DOGE/USD
dYdX DOGE-USD
Phoenix DOGE
Gate DOGE_USDT
Lighter DOGE
Katana Perps DOGE-USD
Nado DOGE-PERPShow all 44 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster DOGEUSDT | +0.0100% | 8h | 0.1017 | −0.004% | $5.2M | $42.1M | 75x | as long as short |
| Pacifica DOGE | +0.0100% | 1h | 0.1013 | −0.313% | $339K | $497K | 20x | as long as short |
| Binance DOGEUSDT | +0.0100% | 8h | 0.1017 | +0.051% | $323.8M | $1.29B | 75x | as long as short |
| Bybit DOGEUSDT | +0.0100% | 8h | 0.1017 | +0.065% | $164.7M | $409.4M | 75x | as long as short |
| OKX DOGE-USDT-SWAP | +0.0100% | 8h | 0.1018 | +0.104% | $110.9M | $930.0M | 50x | as long as short |
| Arcus DOGE-USD | +0.0100% | 1h | 0.1017 | +0.065% | $29K | $76K | 10x | as long as short |
| Bulk DOGE-USD | +0.0100% | 1h | 0.1003 | −1.332% | $384K | $14K | 10x | as long as short |
| MEXC DOGE_USDT | +0.0100% | 8h | 0.1017 | +0.035% | $111.4M | $215.0M | 300x | as long as short |
| KuCoin DOGEUSDTM | +0.0100% | 8h | 0.1017 | −0.004% | $66.5M | $39.6M | 75x | as long as short |
| BingX DOGE-USDC | +0.0100% | 8h | 0.1017 | +0.016% | — | $3.4M | — | as long as short |
| Variational Omni DOGEshort | +0.0100% | 8h | 0.1003 | −1.287% | $934K | $7.8M | — | |
| edgeX DOGEUSDC | +0.0100% | 4h | 0.1006 | −1.080% | $276K | $113.4M | 20x | as long as short |
| GRVT DOGE_USDT_Perp | +0.0100% | 8h | 0.1006 | −1.045% | $641K | $4.5M | 10x | as long as short |
| ApeX Omni DOGEUSDT | +0.0100% | 1h | 0.1006 | −1.037% | $147K | $240K | 25x | as long as short |
| Polymarket Perps DOGE-USD | +0.0100% | 1h | 0.1017 | +0.026% | $274K | $536K | 10x | as long as short |
| Orderly PERP_DOGE_USDC | +0.0100% | 8h | 0.1017 | +0.075% | $73K | $420K | 50x | as long as short |
| Derive DOGE-PERP | +0.0100% | 1h | 0.1017 | +0.074% | $25K | $1K | 10x | as long as short |
| SunX DOGE-USDT | +0.0100% | 8h | 0.1018 | +0.106% | $36K | $2.2M | 30x | as long as short |
| SoDEX DOGE-USD | +0.0100% | 1h | 0.1017 | +0.075% | $2K | $3.5M | 10x | as long as short |
| HTX DOGE-USDT | +0.0100% | 8h | 0.1012 | −0.447% | $6.1M | $48.9M | 75x | as long as short |
| Phemex DOGEUSDT | +0.0100% | 8h | 0.1012 | −0.437% | $93.8M | $19.0M | 50x | as long as short |
| Paradex DOGE-USD-PERP | +0.0101% | 8h | 0.1013 | −0.300% | $18K | $5K | 30x | as long as short |
| Extended DOGE-USD | +0.0104% | 1h | 0.1017 | +0.077% | $564K | $3.6M | 50x | as long as short |
| Aevo DOGE-PERP | +0.0104% | 1h | 0.1017 | +0.075% | $19K | — | 3x | as long as short |
| Reya DOGERUSDPERP | +0.0176% | 1h | 0.1017 | +0.056% | $2K | — | 20x | as long as short |
| 01 Exchange DOGEUSD | +0.0184% | 1h | 0.1017 | +0.006% | $537 | $4K | 10x | as long as short |
| Coinbase International DOGE-PERP-INTX | +0.0216% | 1h | 0.1018 | +0.124% | $2.1M | $23.5M | 50x | as long as short |
| BloFin DOGE-USDT | +0.0220% | 8h | 0.1012 | −0.447% | $15.4M | $24.6M | 75x | as long as short |
| GMX DOGE/USD [ETH-USDC]long | L +0.0247% / S −0.0271% | 1h | 0.1017 | long leg | $319K | — | 200x | |
| Kraken Futures PF_DOGEUSD | +0.0358% | 1h | 0.1017 | +0.035% | $6.1M | $32.2M | 50x | as long as short |
| Backpack DOGE_USDC_PERP | +0.0416% | 1h | 0.1014 | −0.230% | $535K | $936K | 15x | as long as short |
| Hyperliquid DOGE | +0.0451% | 1h | 0.1017 | +0.085% | $112.1M | $81.5M | 10x | as long as short |
| RISEx DOGE/USDC | +0.0702% | 1h | 0.1017 | +0.040% | $319K | $476K | 10x | as long as short |
| Injective DOGE/USDC PERP | +0.0966% | 1h | 0.1013 | −0.348% | $5K | $207K | 12x | as long as short |
Aster DOGEUSDT
Pacifica DOGE
Binance DOGEUSDT
Bybit DOGEUSDT
OKX DOGE-USDT-SWAP
Arcus DOGE-USD
Bulk DOGE-USD
MEXC DOGE_USDT
KuCoin DOGEUSDTM
BingX DOGE-USDC
edgeX DOGEUSDC
GRVT DOGE_USDT_Perp
ApeX Omni DOGEUSDT
Polymarket Perps DOGE-USD
Orderly PERP_DOGE_USDC
Derive DOGE-PERP
SunX DOGE-USDT
SoDEX DOGE-USD
HTX DOGE-USDT
Phemex DOGEUSDT
Paradex DOGE-USD-PERP
Extended DOGE-USD
Aevo DOGE-PERP
Reya DOGERUSDPERP
01 Exchange DOGEUSD
Coinbase International DOGE-PERP-INTX
BloFin DOGE-USDT
Kraken Futures PF_DOGEUSD
Backpack DOGE_USDC_PERP
Hyperliquid DOGE
RISEx DOGE/USDC
Injective DOGE/USDC PERP