Funding you earn now, next payment 00:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against BingX+0.659%7-day average +0.032% · 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)+0.002%$0 on $10k
+Price spread, last 7 days−0.659%−$66 · spread now +0.659%, 7d avg +0.032%
=Together, before fees−0.657%+ Points / potential airdropVariational Omni: Active · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.627% dearer against BingX than usual: you sell high and buy low (spread +0.659% now, against its 7-day average of +0.032%): +$63 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX ETHFI-USDC | 0.7131 | 0.0100 | pay 0.0050% / 4h | 12m 01s | — | $1.2M | — |
| Short | Variational Omni ETHFI | 0.7178 | 0.0088 | get 0.0044% / 4h | 12m 01s | $1.0M | $738K | — |
BingX ETHFI-USDC
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$2.51
- Price spread: +0.659% → +0.032%
- $62.7
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $50.19
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 3 min ago; 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 BingX live order book, 3 min ago | 1.39 bp | 22.1 bp −$22 | 88.5 bp −$885 | 610.2 bp −$61.0K | 795.3 bp −$397.7K |
| Sell Variational Omni RFQ quote, 2 min ago | 3.49 bp | doesn't fit | 43.9 bp −$439 | doesn't fit | doesn't fit |
ETHFI on 24 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 ETHFI_USDC-PERPETUAL | −0.0591% | 1h | 0.7131 | 0.000% | $42K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0356% | 4h | 0.7132 | +0.014% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0188% | 4h | 0.7130 | −0.014% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0045% | 8h | 0.7131 | −0.005% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7127 | −0.063% | $93K | $492K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0020% | 4h | 0.7132 | +0.014% | $24.9M | $37.3M | 75x | as long as short |
| MEXC ETHFI_USDT | +0.0020% | 4h | 0.7130 | −0.014% | $15.2M | $3.8M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.529% | $321 | $51K | 5.5x | as long as short |
| BloFin ETHFI-USDT | +0.0083% | 4h | 0.7153 | +0.309% | $1.3M | $285K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7130 | −0.014% | $8K | — | 3x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
Binance ETHFIUSDT
MEXC ETHFI_USDT
Injective ETHFI/USDC PERP
BloFin ETHFI-USDT
Aevo ETHFI-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ETHFIshort | +0.0088% | 4h | 0.7178 | +0.659% | $1.0M | $738K | — | |
| Lighter ETHFI | +0.0096% | 1h | 0.7142 | +0.151% | $1.1M | $897K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7139 | +0.107% | $18.0M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7136 | +0.070% | $182K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7134 | +0.042% | $18.1M | $13.1M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7142 | +0.154% | $4.9M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7133 | +0.028% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7133 | +0.028% | $1.2M | $269K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7135 | +0.056% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDClong | +0.0100% | 4h | 0.7131 | long leg | — | $1.2M | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7135 | +0.052% | $59K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7134 | +0.042% | $1K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0216% | 1h | 0.7237 | +1.486% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0555% | 1h | 0.7137 | +0.088% | $274K | $162K | 20x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD