Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.015%
Price spread now: Variational Omni against BingX−0.074%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.074% cheaper against BingX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX GMT-USDT | 0.008333 | 0.0200 | pay 0.0100% / 4h | 11m 13s | — | $1.2M | — |
| Short | Variational Omni GMT | 0.008327 | 0.0100 | get 0.0100% / 8h | 11m 13s | $3K | $5K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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: −0.074% → 0.000%
- −$7.45
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$38.45
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: 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 BingX live order book, 4 min ago | 7.20 bp | 25.0 bp −$25 | 62.2 bp −$622 | 574.6 bp −$57.5K | 884.0 bp −$442.0K |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
GMT on 12 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_GMTUSD | −0.1565% | 1h | 0.008339 | +0.066% | $45K | $11K | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008335 | +0.024% | $122K | $123K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008337 | +0.044% | $8K | $14K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008340 | +0.084% | $2.7M | $3.0M | 50x | as long as short |
| Bybit GMTUSDT | +0.0100% | 8h | 0.008333 | 0.000% | $1.1M | $1.1M | 50x | as long as short |
| OKX GMT-USDT-SWAP | +0.0100% | 4h | 0.008323 | −0.120% | $347K | $561K | 20x | as long as short |
| Gate GMT_USDT | +0.0100% | 8h | 0.008340 | +0.084% | $145K | $105K | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008331 | −0.024% | $420K | $185K | 20x | as long as short |
| KuCoin GMTUSDTM | +0.0100% | 4h | 0.008330 | −0.036% | $249K | $99K | 50x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008324 | −0.108% | $671K | $398K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GMTshort | +0.0100% | 8h | 0.008327 | −0.074% | $3K | $5K | — | |
| BingX GMT-USDTlong | +0.0200% | 4h | 0.008333 | long leg | — | $1.2M | — |
BingX GMT-USDT
Variational Omni GMT
Kraken Futures PF_GMTUSD
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
Bybit GMTUSDT
OKX GMT-USDT-SWAP
Gate GMT_USDT
MEXC GMT_USDT
KuCoin GMTUSDTM
Bitget GMTUSDT