Funding you earn now, next payment 00:00 UTC−0.0093%/8h= −10.2% APRnext payment −$0.93 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BingX−0.030%7-day average +0.031% · 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)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.348%+$35 · spread now −0.030%, 7d avg +0.031%
=Together, before fees+0.348%+ Points / potential airdropVariational Omni: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.061% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX FET-USDT | 0.2020 | 0.0193 | pay 0.0193% / 8h | 2h 17m | — | $5.6M | — |
| Short | Variational Omni FET | 0.2019 | 0.0100 | get 0.0100% / 8h | 2h 17m | $274K | $315K | — |
BingX FET-USDT
Variational Omni FETFunding 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
- −$19.53
- Price spread: −0.030% → +0.031%
- −$6.1
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.63
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 3 min ago; Variational Omni: RFQ quote, 7 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 | 4.96 bp | 12.0 bp −$12 | 17.4 bp −$174 | 66.9 bp −$6,686 | 378.0 bp −$189.0K |
| Sell Variational Omni RFQ quote, 7 min ago | 7.43 bp | doesn't fit | 37.1 bp −$371 | doesn't fit | doesn't fit |
FET on 20 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 FET_USDC-PERPETUAL | −0.4679% | 1h | 0.2019 | −0.050% | $27K | $209K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0480% | 1h | 0.2022 | +0.099% | $161K | $189K | 50x | as long as short |
| Gate FET_USDT | −0.0020% | 8h | 0.2019 | −0.050% | $2.7M | $11.8M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2020 | −0.012% | $32K | — | 150x | as long as short |
| Kraken Futures PF_FETUSD | +0.0032% | 1h | 0.2022 | +0.082% | $1.0M | $2.1M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2021 | +0.048% | $348K | $529K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2019 | −0.050% | $31.5M | $107.2M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0100% | 4h | 0.2022 | +0.099% | $861K | $7.6M | 20x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2019 | −0.050% | $35.0M | $25.4M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2019 | −0.050% | $10.4M | $19.1M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Gate FET_USDT
gTrade (Gains Network) FET/USD
Kraken Futures PF_FETUSD
Aster FETUSDT
Binance FETUSDT
OKX FET-USDT-SWAP
MEXC FET_USDT
KuCoin FETUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FETshort | +0.0100% | 8h | 0.2019 | −0.030% | $274K | $315K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2017 | −0.149% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2019 | −0.062% | $32K | $144K | 10x | as long as short |
| BingX FET-USDTlong | +0.0193% | 8h | 0.2020 | long leg | — | $5.6M | — | |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2019 | −0.063% | $13K | — | 100x | as long as short |
| Bitget FETUSDT | +0.0209% | 8h | 0.2019 | −0.050% | $16.5M | $11.4M | 75x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2020 | 0.000% | $1.7M | $2.6M | 100x | as long as short |
| Hyperliquid FET | +0.0222% | 1h | 0.2021 | +0.040% | $9.0M | $7.7M | 5x | as long as short |
| Injective FET/USDC PERP | +0.0371% | 1h | 0.2010 | −0.495% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0476% | 1h | 0.2021 | +0.045% | $27K | $37K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
Bitget FETUSDT
BloFin FET-USDT
Hyperliquid FET
Injective FET/USDC PERP
Phoenix FET