Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.163%
Price spread now: Deribit against Variational Omni+0.280%7-day average +0.099% · 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)−0.206%−$21 on $10k
+Price spread, last 3 days (all we have)−0.231%−$23 · spread now +0.280%, 7d avg +0.099%
=Together, before fees−0.437%+ Points / potential airdropVariational Omni: Active · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.181% dearer against Variational Omni than usual: you sell high and buy low (spread +0.280% now, against its 7-day average of +0.099%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 3 days (−0.206% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FIL | 1.0007 | 0.0100 | pay 0.0100% / 8h | 6h 30m | $451K | $269K | — |
| Short | Deribit FIL_USDC-PERPETUAL | 1.0035 | 0 | get 0.0000% / 1h | 30m 11s | $173K | $23K | 25x |
Variational Omni FIL
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.280% → +0.099%
- $18.09
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$9.91
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Deribit: live order book, 38 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, 39 min ago | 4.01 bp | doesn't fit | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 38 min ago | 4.00 bp | 7.5 bp −$8 | 15.8 bp −$158 | doesn't fit | doesn't fit |
FIL on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 1.0020 | +0.130% | $368K | $2.1M | 50x | as long as short |
| Kraken Futures PF_FILUSD | −0.0191% | 1h | 1.0033 | +0.264% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0058% | 8h | 1.0030 | +0.230% | $18.6M | $100.0M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0039% | 8h | 1.0029 | +0.220% | $7.4M | $7.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 1.0026 | +0.194% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 1.0004 | −0.025% | $58K | $2K | 10x | as long as short |
| Deribit FIL_USDC-PERPETUALshort | 0.0000% | 1h | 1.0035 | +0.280% | $173K | $23K | 25x | |
| Extended FIL-USD | +0.0032% | 1h | 1.0022 | +0.154% | $702K | $3.3M | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.518% | $2K | $240K | 12x | as long as short |
| Binance FILUSDT | +0.0035% | 8h | 1.0032 | +0.250% | $58.0M | $180.9M | 75x | as long as short |
Coinbase International FIL-PERP-INTX
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Extended FIL-USD
Injective FIL/USDC PERP
Binance FILUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0076% | 8h | 1.0027 | +0.200% | $246K | $104K | 50x | as long as short |
| Gate FIL_USDT | +0.0091% | 8h | 1.0030 | +0.230% | $8.4M | $16.2M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 1.0028 | +0.212% | $161K | $352K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 1.0031 | +0.240% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 1.0026 | +0.188% | $513K | $605K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 1.0034 | +0.270% | $15.9M | $19.0M | 25x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 1.0028 | +0.210% | $11.1M | $21.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 1.0031 | +0.240% | — | $11.9M | — | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 1.0007 | long leg | $451K | $269K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9972 | −0.350% | $46K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9985 | −0.215% | $294K | $865K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9970 | −0.369% | $30K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 1.0035 | +0.284% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 1.0010 | +0.030% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 1.0028 | +0.210% | $492 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 1.0030 | +0.230% | $650K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 1.0030 | +0.230% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0574% / S −0.0237% | 1h | 1.0027 | +0.199% | $268K | — | 100x | as long as short |
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
Bitget FILUSDT
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
GMX FIL/USD [WBTC.b-USDC]