Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Variational Omni against BloFin−0.043%86s7-day average −0.051% · 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)−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.043%, 7d avg −0.051%
=Together, before fees+0.044%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 86 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 FET-USDT | 0.1994 | 0.0220 | pay 0.0220% / 8h | 3h 31m | $1.7M | $3.1M | 100x |
| Short | Variational Omni FET | 0.1993 | 0.0100 | get 0.0100% / 8h | 3h 31m | $273K | $478K | — |
BloFin FET-USDT
Variational Omni FETFunding 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
- −$25.2
- Price spread: −0.043% → −0.051%
- $0.83
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.37
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 6 min ago; Variational Omni: RFQ quote, 22 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 BloFin live order book, 6 min ago | 7.52 bp | 19.8 bp −$20 | 34.3 bp −$343 | 165.3 bp −$16.5K | doesn't fit |
| Sell Variational Omni RFQ quote, 22 min ago | 7.44 bp | doesn't fit | 37.2 bp −$372 | 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 | −0.4740% | 1h | 0.1994 | 0.000% | $38K | $307K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1192% | 1h | 0.1996 | +0.100% | $148K | $256K | 50x | as long as short |
| Kraken Futures PF_FETUSD | −0.0367% | 1h | 0.1997 | +0.129% | $976K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0011% | 1h | 0.1993 | −0.055% | $33K | — | 150x | as long as short |
| Injective FET/USDC PERP | +0.0033% | 1h | 0.2010 | +0.802% | $3K | $166K | 12x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.1991 | −0.143% | $192K | $807K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1993 | −0.049% | $30.5M | $113.9M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1991 | −0.150% | $2.7M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1992 | −0.100% | $30.2M | $24.7M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.1992 | −0.100% | $10.3M | $18.7M | 50x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
Kraken Futures PF_FETUSD
gTrade (Gains Network) FET/USD
Injective FET/USDC PERP
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
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 | 0.1993 | −0.043% | $273K | $478K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1993 | −0.050% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1992 | −0.082% | $33K | $253K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1992 | −0.083% | $13K | — | 100x | as long as short |
| BloFin FET-USDTlong | +0.0220% | 8h | 0.1994 | long leg | $1.7M | $3.1M | 100x | |
| BingX FET-USDT | +0.0244% | 8h | 0.1994 | 0.000% | — | $5.9M | — | as long as short |
| Bitget FETUSDT | +0.0259% | 8h | 0.1995 | +0.050% | $16.2M | $11.9M | 75x | as long as short |
| OKX FET-USDT-SWAP | +0.0360% | 4h | 0.1995 | +0.050% | $1.0M | $8.1M | 20x | as long as short |
| Phoenix FET | +0.0435% | 1h | 0.1994 | −0.020% | $35K | $38K | 5x | as long as short |
| Hyperliquid FET | +0.0674% | 1h | 0.1995 | +0.050% | $8.6M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
OKX FET-USDT-SWAP
Phoenix FET
Hyperliquid FET