Funding you earn now, next payment 00:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.84 per $10,000 · paid last 24h −0.082%
Price spread now: Variational Omni against BloFin−0.115%71s7-day average +0.030% · 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)−0.238%−$24 on $10k
+Price spread, last 3 days (all we have)+0.293%+$29 · spread now −0.115%, 7d avg +0.030%
=Together, before fees+0.056%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.145% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ETHFI-USDT | 0.7140 | 0.0268 | pay 0.0134% / 4h | 1h 43m | $1.3M | $292K | 75x |
| Short | Variational Omni ETHFI | 0.7132 | 0.0100 | get 0.0050% / 4h | 1h 43m | $1.0M | $755K | — |
BloFin ETHFI-USDT
Variational Omni ETHFIFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$35.38
- Price spread: −0.115% → +0.030%
- −$14.45
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$61.83
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 4 min ago; Variational Omni: RFQ quote, just now. 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 BloFin live order book, 4 min ago | 1.40 bp | 11.9 bp −$12 | 32.0 bp −$320 | 93.0 bp −$9,297 | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 4.20 bp | doesn't fit | 42.0 bp −$420 | 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 | −0.0448% | 1h | 0.7157 | +0.238% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0253% | 1h | 0.7159 | +0.264% | $281K | $146K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0239% | 4h | 0.7123 | −0.238% | $83K | $165K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0178% | 4h | 0.7153 | +0.182% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.401% | $321 | $51K | 5.5x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0039% | 8h | 0.7139 | −0.016% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0064% | 1h | 0.7154 | +0.192% | $92K | $493K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0066% | 4h | 0.7154 | +0.196% | $15.1M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0066% | 4h | 0.7156 | +0.220% | $24.9M | $37.1M | 75x | as long as short |
| Bitget ETHFIUSDT | +0.0070% | 4h | 0.7154 | +0.196% | $6.1M | $5.7M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Injective ETHFI/USDC PERP
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Bitget ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7159 | +0.268% | $1.1M | $898K | 5x | as long as short |
| Aevo ETHFI-PERP | +0.0096% | 1h | 0.7150 | +0.143% | $9K | — | 3x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7165 | +0.349% | $18.1M | $8.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7156 | +0.219% | $183K | $259K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7160 | +0.280% | $18.2M | $12.9M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7159 | +0.266% | $4.9M | $12.5M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7160 | +0.280% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7156 | +0.224% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7159 | +0.266% | — | $1.2M | — | as long as short |
| Variational Omni ETHFIshort | +0.0100% | 4h | 0.7132 | −0.115% | $1.0M | $755K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7161 | +0.294% | $59K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7153 | +0.182% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDTlong | +0.0268% | 4h | 0.7140 | long leg | $1.3M | $292K | 75x | |
| Coinbase International ETHFI-PERP-INTX | +0.0304% | 1h | 0.7155 | +0.210% | $31K | $7K | 50x | as long as short |
Lighter ETHFI
Aevo ETHFI-PERP
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX