Funding you earn now, next payment 22:00 UTC−0.0461%/8h= −50.5% APRpaid last 24h −0.114%
Price spread now: Coinbase International against Variational Omni+0.379%7-day average +0.143% · 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)−0.123%−$12 on $10k
+Price spread, last 3 days (all we have)−0.233%−$23 · spread now +0.379%, 7d avg +0.143%
=Together, before fees−0.356%+ Points / potential airdropVariational Omni: Active · farm board−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.236% dearer against Variational Omni than usual: you sell high and buy low (spread +0.379% now, against its 7-day average of +0.143%): +$24 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 3 days (−0.123% in total) that is about 6.2 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.123% in total (about -13.8% 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 | Variational Omni FIL | 0.9879 | 0.0085 | pay 0.0085% / 8h | 1h 43m | $440K | $277K | — |
| Short | Coinbase International FIL-PERP-INTX | 0.9916 | −0.0376 | pay 0.0047% / 1h | 43m 56s | $317K | $1.9M | 50x |
Variational Omni FIL
Coinbase International FIL-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$96.77
- Price spread: +0.379% → +0.143%
- $23.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$83.21
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 40 min ago; Coinbase International: live order book, 5 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, 40 min ago | 3.55 bp | doesn't fit | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 7.09 bp | 13.0 bp −$13 | 17.4 bp −$174 | 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 | −0.0692% | 1h | 0.9915 | +0.370% | $1.4M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0556% | 1h | 0.9918 | +0.399% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTXshort | −0.0376% | 1h | 0.9916 | +0.379% | $317K | $1.9M | 50x | |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.239% | $2K | $240K | 12x | as long as short |
| Lighter FIL | −0.0072% | 1h | 0.9906 | +0.278% | $159K | $347K | 5x | as long as short |
| Bitget FILUSDT | −0.0022% | 8h | 0.9912 | +0.338% | $10.9M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9913 | +0.352% | $25K | — | 150x | as long as short |
| Bybit FILUSDT | −0.0003% | 8h | 0.9907 | +0.288% | $15.6M | $17.9M | 25x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9915 | +0.371% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9916 | +0.379% | $7.4M | $7.0M | 50x | as long as short |
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Injective FIL/USDC PERP
Lighter FIL
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Bybit FILUSDT
dYdX FIL-USD
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0031% | 8h | 0.9913 | +0.349% | $18.3M | $97.3M | 50x | as long as short |
| MEXC FIL_USDC | +0.0075% | 8h | 0.9907 | +0.288% | $252K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9913 | +0.351% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0081% | 8h | 0.9907 | +0.287% | $56.9M | $174.7M | 75x | as long as short |
| BingX FIL-USDT | +0.0083% | 8h | 0.9904 | +0.258% | — | $11.9M | — | as long as short |
| Variational Omni FILlong | +0.0085% | 8h | 0.9879 | long leg | $440K | $277K | — | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9914 | +0.357% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9919 | +0.407% | $491K | $515K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9914 | +0.359% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9873 | −0.056% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9870 | −0.090% | $295K | $814K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9870 | −0.087% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9919 | +0.409% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | +0.318% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9911 | +0.328% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9924 | +0.460% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | +0.318% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0201% | 8h | 0.9894 | +0.156% | $2.6M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0618% / S −0.0742% | 1h | 0.9915 | +0.365% | $215K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate 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]