Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: BloFin against Variational Omni+0.011%7-day average — · 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)—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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni INIT | 0.08297 | 0.0100 | pay 0.0050% / 4h | 2h 56m | $26K | $23K | — |
| Short | BloFin INIT-USDT | 0.08298 | 0.0086 | get 0.0043% / 4h | 2h 56m | $154K | $112K | 25x |
Variational Omni INIT
BloFin INIT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$2.92
- Price spread: +0.011% → 0.000%
- $1.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 60 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 no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 60 min ago | 2.42 bp | 25.2 bp −$25 | 62.2 bp −$622 | doesn't fit | doesn't fit |
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.
INIT on 13 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_INITUSD | +0.0034% | 1h | 0.08280 | −0.210% | $5K | $17K | 10x | as long as short |
| BloFin INIT-USDTshort | +0.0086% | 4h | 0.08298 | +0.011% | $154K | $112K | 25x | |
| Hyperliquid INIT | +0.0100% | 1h | 0.08281 | −0.199% | $300K | $234K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08285 | −0.141% | $27K | $37K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08288 | −0.105% | $3.4M | $3.7M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08272 | −0.302% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08283 | −0.169% | $137K | $645K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08274 | −0.278% | $84K | $55K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08288 | −0.109% | $450K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08275 | −0.266% | $329K | $54K | 25x | as long as short |
Kraken Futures PF_INITUSD
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTMShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget INITUSDT | +0.0100% | 4h | 0.08278 | −0.230% | $430K | $303K | 25x | as long as short |
| BingX INIT-USDT | +0.0100% | 4h | 0.08282 | −0.181% | — | $6.6M | — | as long as short |
| Variational Omni INITlong | +0.0100% | 4h | 0.08297 | long leg | $26K | $23K | — |
Bitget INITUSDT
BingX INIT-USDT