Funding you earn now, next payment 03:00 UTC+0.2099%/8h= +229.8% APRpaid last 24h +0.128%
Price spread now: Variational Omni against Deribit+0.061%7-day average −0.088% · 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)+0.612%+$61 on $10k
+Price spread, last 4 days (all we have)+0.399%+$40 · spread now +0.061%, 7d avg −0.088%
=Together, before fees+1.010%+ Points / potential airdropVariational Omni: Active · farm board+$101 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$63 a day on $10k at the current rate, and Variational Omni is 0.149% dearer against Deribit than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.088%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.612% in total (about 64.8% a year). A funding rate is set anew for every payment. 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 | Deribit DOT_USDC-PERPETUAL | 1.1976 | −0.1999 | get 0.0250% / 1h | 20m 03s | $229K | $115K | 50x |
| Short | Variational Omni DOT | 1.1983 | 0.0100 | get 0.0100% / 8h | 5h 20m | $545K | $58K | — |
Deribit DOT_USDC-PERPETUAL
Variational Omni DOTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $440.79
- Price spread: +0.061% → −0.088%
- $14.89
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $448.68
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 43 min ago; Variational Omni: RFQ quote, 44 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 Deribit live order book, 43 min ago | 3.74 bp | 9.7 bp −$10 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 44 min ago | 3.16 bp | doesn't fit | 19.1 bp −$191 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUALlong | −0.1999% | 1h | 1.1976 | long leg | $229K | $115K | 50x | |
| Coinbase International DOT-PERP-INTX | −0.0376% | 1h | 1.1980 | +0.033% | $197K | $2.0M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1967 | −0.074% | $259 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1978 | +0.013% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1975 | −0.004% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.367% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1971 | −0.042% | $271K | $632K | 10x | as long as short |
| OKX DOT-USDT-SWAP | +0.0098% | 8h | 1.1960 | −0.134% | $9.4M | $24.2M | 50x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1965 | −0.092% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1983 | +0.056% | $865K | $707K | 50x | as long as short |
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
OKX DOT-USDT-SWAP
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1964 | −0.102% | $44.0M | $85.3M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1962 | −0.117% | $24.6M | $19.0M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1970 | −0.050% | $6.8M | $11.8M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1964 | −0.100% | $32.6M | $49.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1975 | −0.008% | $6.6M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1960 | −0.134% | $22.8M | $14.9M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1964 | −0.100% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1961 | −0.125% | $93K | $131K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1983 | +0.061% | $545K | $58K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1956 | −0.170% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2011 | +0.291% | $229K | $427K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1980 | +0.033% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1992 | +0.134% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1990 | +0.117% | $261K | $242K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1963 | −0.105% | $14K | $305K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1981 | +0.042% | $2.2M | $879K | 75x | as long as short |
| Phemex DOTUSDT | +0.0258% | 8h | 1.1980 | +0.033% | $2.3M | $2.2M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0303% / S −0.1012% | 1h | 1.1974 | −0.014% | $22K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0409% | 1h | 1.1975 | −0.008% | $4.5M | $1.5M | 50x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
BloFin DOT-USDT
Phemex DOTUSDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD