Funding you earn now, next payment 00:00 UTC+0.0428%/8h= +46.9% APRpaid last 24h +0.124%
Price spread now: Variational Omni against Coinbase International+0.089%7-day average −0.142% · 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)+0.142%+$14 on $10k
+Price spread, last 3 days (all we have)−0.298%−$30 · spread now +0.089%, 7d avg −0.142%
=Together, before fees−0.156%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Variational Omni is 0.231% dearer against Coinbase International than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.142%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.142% in total (about 15.4% a year). A funding rate is set anew for every payment. 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 | Coinbase International FIL-PERP-INTX | 0.9913 | −0.0328 | get 0.0041% / 1h | 18m 09s | $318K | $1.8M | 50x |
| Short | Variational Omni FIL | 0.9922 | 0.0100 | get 0.0100% / 8h | 7h 18m | $446K | $279K | — |
Coinbase International FIL-PERP-INTX
Variational Omni FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- $89.88
- Price spread: +0.089% → −0.142%
- $23.11
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $102.99
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 1 min ago; Variational Omni: RFQ quote, 56 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 Coinbase International live order book, 1 min ago | 7.05 bp | 13.1 bp −$13 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 3.55 bp | doesn't fit | 31.9 bp −$319 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0329% | 1h | 0.9960 | +0.477% | $1.4M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTXlong | −0.0328% | 1h | 0.9913 | long leg | $318K | $1.8M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0152% | 1h | 0.9948 | +0.353% | $171K | $23K | 25x | as long as short |
| OKX FIL-USDT-SWAP | −0.0042% | 8h | 0.9954 | +0.414% | $18.1M | $97.7M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0037% | 8h | 0.9956 | +0.434% | $7.5M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9939 | +0.264% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9913 | −0.005% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0030% | 8h | 0.9957 | +0.439% | $57.6M | $177.8M | 75x | as long as short |
| Extended FIL-USD | +0.0032% | 1h | 0.9937 | +0.247% | $695K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.585% | $2K | $240K | 12x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USD
Injective FIL/USDC PERPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0065% | 8h | 0.9949 | +0.363% | $246K | $105K | 50x | as long as short |
| Bitget FILUSDT | +0.0072% | 8h | 0.9955 | +0.424% | $11.0M | $21.2M | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9948 | +0.351% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9954 | +0.410% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9937 | +0.244% | $506K | $558K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9961 | +0.484% | $15.6M | $18.2M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9954 | +0.414% | $8.3M | $16.2M | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9954 | +0.414% | — | $11.8M | — | as long as short |
| Variational Omni FILshort | +0.0100% | 8h | 0.9922 | +0.089% | $446K | $279K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9917 | +0.039% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9921 | +0.083% | $295K | $837K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.071% | $30K | $195K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9944 | +0.313% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9940 | +0.272% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9941 | +0.282% | $495 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9959 | +0.464% | $636K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9960 | +0.474% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0119% | 8h | 0.9942 | +0.293% | $2.7M | $589K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0543% / S −0.0538% | 1h | 0.9939 | +0.264% | $197K | — | 100x | as long as short |
MEXC FIL_USDC
Bitget FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Gate FIL_USDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]