Funding you earn now, next payment 01:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.061%
Price spread now: Variational Omni against GMX−0.101%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 −$6 a day on $10k at the current rate, and Variational Omni is 0.101% cheaper against GMX than usual: you would sell low and buy high (−$10 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 DOT/USD [WBTC.b-USDC] | 1.1953 | L +0.0301% / S −0.1012% | pay 0.0038% / 1h | 46m 15s | $22K | — | 100x |
| Short | Variational Omni DOT | 1.1941 | 0.0089 | get 0.0089% / 8h | 7h 46m | $544K | $61K | — |
GMX DOT/USD [WBTC.b-USDC]
Variational Omni DOTFunding 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
- −$44.57
- Price spread: −0.101% → 0.000%
- −$10.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$66.67
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 28 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, 28 min ago | 3.57 bp | doesn't fit | 16.8 bp −$168 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1944 | −0.076% | $258 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0048% | 1h | 1.1950 | −0.023% | $205K | $1.8M | 50x | as long as short |
| Deribit DOT_USDC-PERPETUAL | −0.0001% | 1h | 1.1962 | +0.078% | $219K | $116K | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1949 | −0.030% | $144K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1952 | −0.006% | $5K | — | 150x | as long as short |
| OKX DOT-USDT-SWAP | +0.0016% | 8h | 1.1955 | +0.019% | $9.5M | $23.9M | 50x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +0.563% | $328 | $121K | 12x | as long as short |
| KuCoin DOTUSDTM | +0.0048% | 8h | 1.1956 | +0.027% | $6.6M | $9.0M | 75x | as long as short |
| Backpack DOT_USDC_PERP | +0.0075% | 1h | 1.1957 | +0.036% | $96K | $129K | 10x | as long as short |
| Variational Omni DOTshort | +0.0089% | 8h | 1.1941 | −0.101% | $544K | $61K | — |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
Deribit DOT_USDC-PERPETUAL
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
OKX DOT-USDT-SWAP
Injective DOT/USDC PERP
KuCoin DOTUSDTM
Backpack DOT_USDC_PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter DOT | +0.0096% | 1h | 1.1958 | +0.041% | $242K | $601K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1944 | −0.073% | $5.4M | $3.5M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1960 | +0.061% | $871K | $691K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1955 | +0.019% | $44.0M | $83.6M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1952 | −0.006% | $24.7M | $18.7M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1950 | −0.023% | $6.7M | $11.5M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1955 | +0.019% | $35.1M | $41.7M | 300x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1948 | −0.039% | $22.9M | $14.7M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1957 | +0.036% | — | $30.1M | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1962 | +0.077% | $35K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1961 | +0.071% | $231K | $457K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1960 | +0.061% | $8K | $23K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1972 | +0.161% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1946 | −0.056% | $247K | $216K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1951 | −0.012% | $19K | $259K | 25x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0117% | 1h | 1.1965 | +0.101% | $4.5M | $1.4M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1949 | −0.031% | $2.2M | $790K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]long | L +0.0301% / S −0.1012% | 1h | 1.1953 | long leg | $22K | — | 100x | |
| Phemex DOTUSDT | +0.0664% | 8h | 1.1980 | +0.228% | $2.3M | $2.1M | 50x | as long as short |
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
MEXC DOT_USDT
Bitget DOTUSDT
BingX DOT-USDT
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Kraken Futures PF_DOTUSD
BloFin DOT-USDT
Phemex DOTUSDT