Funding you earn now, next payment 12:00 UTC+0.0304%/8h= +33.3% APRnext payment +$1.52 per $10,000 · paid last 24h +0.087%
Price spread now: BloFin against Variational Omni−0.399%101s7-day average −0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.279%+$28 on $10k
+Price spread, last 4 days (all we have)+0.221%+$22 · spread now −0.399%, 7d avg −0.045%
=Together, before fees+0.500%+ Points / potential airdropVariational Omni: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.355% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.399% now, against its 7-day average of −0.045%). If the spread goes back, that is −$35 on $10k: about 3.9 days of funding at the current rate (+$9 a day). The two prices were read 101 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 | Variational Omni ETHFI | 0.6943 | −0.0259 | get 0.0130% / 4h | 1h 31m | $905K | $719K | — |
| Short | BloFin ETHFI-USDT | 0.6915 | 0.0045 | get 0.0022% / 4h | 1h 31m | $1.2M | $232K | 75x |
Variational Omni ETHFI
BloFin ETHFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $63.89
- Price spread: −0.399% → −0.045%
- −$35.48
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $16.41
- Costs to cover
- 0.120%
- Break-even
- 5.2 days
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; BloFin: live order book, 9 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, 16 min ago | 4.31 bp | doesn't fit | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 1.44 bp | 16.7 bp −$17 | 32.5 bp −$325 | 74.7 bp −$7,473 | doesn't fit |
ETHFI on 24 exchanges
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 | −0.0616% | 1h | 0.6926 | −0.241% | $42K | $13K | 10x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0316% | 4h | 0.6921 | −0.313% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIlong | −0.0259% | 4h | 0.6943 | long leg | $905K | $719K | — | |
| Paradex ETHFI-USD-PERP | −0.0087% | 8h | 0.6919 | −0.340% | $6K | — | 5x | as long as short |
| Bybit ETHFIUSDT | −0.0074% | 4h | 0.6925 | −0.255% | $17.0M | $11.8M | 25x | as long as short |
| HTX ETHFI-USDT | −0.0010% | 4h | 0.6919 | −0.342% | $83K | $139K | 20x | as long as short |
| MEXC ETHFI_USDT | −0.0002% | 4h | 0.6921 | −0.313% | $15.5M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0002% | 4h | 0.6921 | −0.313% | $24.2M | $31.8M | 75x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6919 | −0.344% | $110K | $495K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +4.282% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Bybit ETHFIUSDT
HTX ETHFI-USDT
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USD
Injective ETHFI/USDC PERPShow all 24 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETHFI-USDTshort | +0.0045% | 4h | 0.6915 | −0.399% | $1.2M | $232K | 75x | |
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6925 | −0.255% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6932 | −0.152% | $1.1M | $729K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6926 | −0.237% | $16.5M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6927 | −0.230% | $177K | $162K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6929 | −0.198% | $5.1M | $12.0M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6924 | −0.270% | $1.7M | $1.8M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6923 | −0.284% | $1.1M | $184K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6925 | −0.255% | $6.1M | $3.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6925 | −0.255% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6931 | −0.166% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.6933 | −0.140% | $1K | $1.0M | 20x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0320% | 1h | 0.7040 | +1.401% | $32K | $5K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0578% | 1h | 0.6934 | −0.122% | $300K | $301K | 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
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD