Settings8H · net · $10k
Funding arb · Price arb /

DRIFT

all DRIFT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BloFin+0.142%101s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.142% dearer against BloFin than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin DRIFT-USDT0.017890.0095pay 0.0047% / 4h1h 31m$160K$17K20x
ShortVariational Omni DRIFT0.017920.0100get 0.0050% / 4h1h 31m$24K$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.06
Price spread: +0.142% → 0.000%
$14.22
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3.28
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: BloFin: live order book, 5 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago2.78 bp40.0 bp −$40218.8 bp −$2,188doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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.

DRIFT on 10 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin DRIFTUSDTM−0.0116%4h0.01778−0.615%$724K$76K20xas long as short
Injective DRIFT/USDC PERP+0.0033%1h0.01591−11.068%$9K5.5xas long as short
BloFin DRIFT-USDTlong+0.0095%4h0.01789long leg$160K$17K20x
Binance DRIFTUSDT+0.0100%4h0.01783−0.335%$2.5M$4.6M20xas long as short
Bybit DRIFTUSDT+0.0100%4h0.01782−0.391%$2.4M$1.9M20xas long as short
Gate DRIFT_USDT+0.0100%4h0.01783−0.335%$121K$176K10xas long as short
MEXC DRIFT_USDT+0.0100%4h0.01780−0.503%$419K$115K20xas long as short
Bitget DRIFTUSDT+0.0100%4h0.01782−0.391%$548K$334K10xas long as short
BingX DRIFT-USDT+0.0100%4h0.01784−0.279%$6.6Mas long as short
Variational Omni DRIFTshort+0.0100%4h0.01792+0.142%$24K$1K