Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h +0.049%
Price spread now: Variational Omni against Deribit−0.012%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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit ICP_USDC-PERPETUAL | 2.9964 | 0 | get 0.0000% / 1h | 30m 53s | $267 | $464 | 50x |
| Short | Variational Omni ICP | 2.9960 | −0.0004 | pay 0.0004% / 8h | 6h 30m | $1.1M | $118K | — |
Deribit ICP_USDC-PERPETUAL
Variational Omni ICPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- −$0.87
- Price spread: −0.012% → 0.000%
- −$1.22
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.09
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 3 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 4.39 bp | doesn't fit | 30.7 bp −$307 | doesn't fit | doesn't fit |
Deribit: 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.
ICP on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICPshort | −0.0004% | 8h | 2.9960 | −0.012% | $1.1M | $118K | — | |
| dYdX ICP-USD | 0.0000% | 1h | 2.9995 | +0.104% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUALlong | 0.0000% | 1h | 2.9964 | long leg | $267 | $464 | 50x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9980 | +0.053% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.998% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0000 | +0.120% | $164K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9978 | +0.047% | $291K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9976 | +0.039% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9960 | −0.012% | $29.6M | $54.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9960 | −0.013% | $17.6M | $19.1M | 75x | as long as short |
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9960 | −0.013% | $5.8M | $17.1M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 2.9960 | −0.013% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9980 | +0.053% | $19.2M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | −0.013% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9990 | +0.087% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9970 | +0.020% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9935 | −0.097% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9918 | −0.153% | $580K | $491K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9960 | −0.013% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9970 | +0.020% | $105K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 2.9950 | −0.047% | $1.8M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9972 | +0.028% | $22K | $131K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0040 | +0.254% | $65K | $75K | 50x | as long as short |
| Hyperliquid ICP | +0.0298% | 1h | 2.9998 | +0.113% | $4.7M | $5.2M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 2.9967 | +0.010% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0895% | 1h | 3.0003 | +0.130% | $544K | $617K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD