Funding you earn now, next payment 08:00 UTC+0.0283%/8h= +31.0% APRnext payment +$1.42 per $10,000 · paid last 24h +0.051%
Price spread now: Variational Omni against HTX+0.349%7-day average +0.156% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.080%+$8 on $10k
+Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.349%, 7d avg +0.156%
=Together, before fees−0.068%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.193% dearer against HTX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.156%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.080% in total (about 8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.42 per $10,000. 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 | HTX ETHFI-USDT | 0.6940 | −0.0415 | get 0.0207% / 4h | 1h 08m | $82K | $174K | 20x |
| Short | Variational Omni ETHFI | 0.6964 | −0.0131 | pay 0.0066% / 4h | 1h 08m | $916K | $785K | — |
HTX ETHFI-USDT
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- $59.49
- Price spread: +0.349% → +0.156%
- $19.29
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $66.77
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: HTX: live order book, 33 min ago; Variational Omni: RFQ quote, 6 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 HTX live order book, 33 min ago | 10.81 bp | 48.3 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 6 min ago | 4.31 bp | doesn't fit | 37.4 bp −$374 | 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 | −0.0469% | 1h | 0.6951 | +0.159% | $41K | $11K | 10x | as long as short |
| HTX ETHFI-USDTlong | −0.0415% | 4h | 0.6940 | long leg | $82K | $174K | 20x | |
| Orderly PERP_ETHFI_USDC | −0.0279% | 4h | 0.6948 | +0.115% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIshort | −0.0131% | 4h | 0.6964 | +0.349% | $916K | $785K | — | |
| Extended ETHFI-USD | −0.0016% | 1h | 0.6946 | +0.086% | $95K | $505K | 10x | as long as short |
| Binance ETHFIUSDT | −0.0014% | 4h | 0.6948 | +0.115% | $24.1M | $36.4M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0013% | 8h | 0.6947 | +0.097% | $6K | — | 5x | as long as short |
| MEXC ETHFI_USDT | −0.0012% | 4h | 0.6948 | +0.115% | $15.8M | $4.2M | 125x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.323% | $321 | $51K | 5.5x | as long as short |
| Bybit ETHFIUSDT | +0.0044% | 4h | 0.6949 | +0.130% | $17.2M | $13.1M | 25x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Extended ETHFI-USD
Binance ETHFIUSDT
Paradex ETHFI-USD-PERP
MEXC ETHFI_USDT
Injective ETHFI/USDC PERP
Bybit ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6946 | +0.087% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6956 | +0.236% | $1.1M | $829K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6953 | +0.182% | $16.7M | $8.6M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6956 | +0.231% | $178K | $262K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6954 | +0.202% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6956 | +0.231% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6954 | +0.202% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6948 | +0.115% | $6.1M | $4.9M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6951 | +0.159% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6953 | +0.183% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6956 | +0.231% | $1K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0227% | 4h | 0.6954 | +0.202% | $1.2M | $240K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0328% | 1h | 0.6978 | +0.548% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.1690% | 1h | 0.6962 | +0.318% | $291K | $295K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD