Funding you earn now, next payment 00:00 UTC+0.0566%/8h= +62.0% APRpaid last 24h +0.397%
Price spread now: GMX against Variational Omni−0.283%7-day average +0.086% · 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)+1.243%+$124 on $10k
+Price spread, last 3 days (all we have)+0.371%+$37 · spread now −0.283%, 7d avg +0.086%
=Together, before fees+1.614%+ Points / potential airdropVariational Omni: Active · farm board+$161 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.368% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of +0.086%). If the spread goes back, that is −$37 on $10k: about 2.2 days of funding at the current rate (+$17 a day). At the pace of the last 3 days (+1.243% in total) that is about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FIL | 0.9950 | 0.0100 | pay 0.0100% / 8h | 57m 50s | $443K | $277K | — |
| Short | GMX FIL/USD [WBTC.b-USDC] | 0.9922 | L +0.0574% / S −0.0666% | get 0.0083% / 1h | 57m 50s | $197K | — | 100x |
Variational Omni FIL
GMX FIL/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $118.81
- Price spread: −0.283% → +0.086%
- −$36.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $69.98
- Costs to cover
- 0.120%
- Break-even
- 2.9 days
Slippage unknown: Variational Omni: RFQ quote, 21 min ago; GMX: no order-book sample. 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, 21 min ago | 3.53 bp | doesn't fit | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1058% | 1h | 0.9922 | −0.283% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0392% | 1h | 0.9921 | −0.295% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9928 | −0.223% | $320K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.956% | $2K | $240K | 12x | as long as short |
| Hyperliquid FIL | −0.0017% | 1h | 0.9894 | −0.564% | $8.6M | $9.5M | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9922 | −0.280% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9925 | −0.256% | $58K | $2K | 10x | as long as short |
| KuCoin FILUSDTM | +0.0006% | 8h | 0.9917 | −0.333% | $7.4M | $7.1M | 50x | as long as short |
| Bitget FILUSDT | +0.0017% | 8h | 0.9887 | −0.635% | $10.8M | $21.5M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0033% | 8h | 0.9887 | −0.635% | $18.2M | $98.6M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Hyperliquid FIL
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
KuCoin FILUSDTM
Bitget FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit FILUSDT | +0.0040% | 8h | 0.9893 | −0.574% | $15.4M | $18.2M | 25x | as long as short |
| MEXC FIL_USDC | +0.0070% | 8h | 0.9910 | −0.404% | $252K | $103K | 50x | as long as short |
| Extended FIL-USD | +0.0072% | 1h | 0.9912 | −0.384% | $692K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0075% | 8h | 0.9910 | −0.408% | $57.4M | $176.9M | 75x | as long as short |
| BingX FIL-USDC | +0.0076% | 8h | 0.9913 | −0.373% | — | $6.5M | — | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9885 | −0.651% | $158K | $347K | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9918 | −0.325% | $498K | $527K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9911 | −0.394% | $8.0M | $16.1M | 50x | as long as short |
| Variational Omni FILlong | +0.0100% | 8h | 0.9950 | long leg | $443K | $277K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9942 | −0.082% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9950 | +0.003% | $289K | $790K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9940 | −0.102% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9930 | −0.201% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.404% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9914 | −0.363% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9923 | −0.273% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9920 | −0.303% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0195% | 8h | 0.9938 | −0.122% | $2.7M | $661K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]short | L +0.0574% / S −0.0666% | 1h | 0.9922 | −0.283% | $197K | — | 100x |
Bybit FILUSDT
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDC
Lighter 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