Funding you earn now, next payment 04:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.014%
Price spread now: Variational Omni against Bitget−0.112%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 −$1 a day on $10k at the current rate, and Variational Omni is 0.112% cheaper against Bitget than usual: you would sell low and buy high (−$11 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 | Bitget GMTUSDT | 0.008569 | 0.0100 | pay 0.0050% / 4h | 1h 21m | $674K | $638K | 50x |
| Short | Variational Omni GMT | 0.008559 | 0.0065 | get 0.0065% / 8h | 5h 21m | $4K | $5K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$7.35
- Price spread: −0.112% → 0.000%
- −$11.18
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$30.53
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 39 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 Bitget live order book, 39 min ago | 4.66 bp | 25.5 bp −$26 | 252.9 bp −$2,529 | doesn't fit | doesn't fit |
| 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 | −0.1562% | 1h | 0.008567 | −0.023% | $45K | $14K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0486% | 4h | 0.008560 | −0.105% | $281K | $191K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0227% | 4h | 0.008558 | −0.128% | $395K | $1.2M | 20x | as long as short |
| Bybit GMTUSDT | −0.0200% | 8h | 0.008565 | −0.047% | $1.1M | $1.9M | 50x | as long as short |
| Aster GMTUSDT | +0.0007% | 4h | 0.008556 | −0.149% | $7K | $22K | 10x | as long as short |
| Gate GMT_USDT | +0.0027% | 8h | 0.008560 | −0.105% | $147K | $179K | 50x | as long as short |
| Variational Omni GMTshort | +0.0065% | 8h | 0.008559 | −0.112% | $4K | $5K | — | |
| Hyperliquid GMT | +0.0100% | 1h | 0.008563 | −0.070% | $114K | $151K | 3x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008566 | −0.035% | $2.9M | $5.1M | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008566 | −0.035% | $445K | $212K | 20x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GMTUSDTlong | +0.0100% | 4h | 0.008569 | long leg | $674K | $638K | 50x | |
| BingX GMT-USDT | +0.0100% | 4h | 0.008560 | −0.105% | — | $1.3M | — | as long as short |
Bitget GMTUSDT
Variational Omni GMT
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
OKX GMT-USDT-SWAP
Bybit GMTUSDT
Aster GMTUSDT
Gate GMT_USDT
Hyperliquid GMT
Binance GMTUSDT
MEXC GMT_USDT
BingX GMT-USDT