Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Variational Omni+0.210%7-day average −0.067% · 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)+0.010%+$1 on $10k
+Price spread, last 7 days−0.266%−$27 · spread now +0.210%, 7d avg −0.067%
=Together, before fees−0.255%+ Points / potential airdropVariational Omni: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.276% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.067%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETHFI | 0.7168 | −0.0048 | get 0.0024% / 4h | 3h 44m | $1.0M | $744K | — |
| Short | Binance ETHFIUSDT | 0.7183 | 0.0022 | get 0.0011% / 4h | 3h 44m | $25.1M | $37.4M | 75x |
Variational Omni ETHFI
Binance ETHFIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Variational Omni. 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
- $14.69
- Price spread: +0.210% → −0.067%
- $27.62
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $32.31
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Binance: live order book, 12 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 Variational Omni RFQ quote, 5 min ago | 4.18 bp | doesn't fit | 43.2 bp −$432 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.70 bp | 8.8 bp −$9 | 30.2 bp −$302 | 134.7 bp −$13.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0607% | 4h | 0.7177 | +0.120% | $83K | $166K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0306% | 1h | 0.7186 | +0.246% | $41K | $14K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0230% | 4h | 0.7184 | +0.218% | $18.2M | $13.1M | 25x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0196% | 4h | 0.7182 | +0.190% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIlong | −0.0048% | 4h | 0.7168 | long leg | $1.0M | $744K | — | |
| Paradex ETHFI-USD-PERP | −0.0039% | 8h | 0.7187 | +0.266% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | +0.0016% | 1h | 0.7188 | +0.268% | $97K | $580K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0018% | 4h | 0.7186 | +0.246% | $15.4M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDTshort | +0.0022% | 4h | 0.7183 | +0.210% | $25.1M | $37.4M | 75x | |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +0.999% | $321 | $51K | 5.5x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Bybit ETHFIUSDT
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDT | +0.0076% | 4h | 0.7184 | +0.218% | $1.3M | $277K | 75x | as long as short |
| Aevo ETHFI-PERP | +0.0088% | 1h | 0.7185 | +0.232% | $9K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7201 | +0.451% | $1.1M | $894K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7190 | +0.308% | $18.1M | $9.1M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7191 | +0.310% | $184K | $258K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7190 | +0.301% | $5.0M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7192 | +0.329% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7187 | +0.260% | $1.2M | $270K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7183 | +0.204% | $6.1M | $5.7M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7187 | +0.260% | — | $26.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7188 | +0.272% | $60K | $94K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7192 | +0.329% | $2K | $1.1M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0168% | 1h | 0.7237 | +0.957% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0220% | 1h | 0.7191 | +0.309% | $273K | $165K | 20x | as long as short |
BloFin ETHFI-USDT
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD