Funding you earn now, next payment 04:00 UTC−0.1515%/8h= −165.9% APRnext payment −$7.57 per $10,000 · paid last 24h −0.170%
Price spread now: Variational Omni against Binance+0.548%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 pays, funding is against you. Variational Omni is 0.548% dearer against Binance than usual: you sell high and buy low (spread +0.548% now, against zero (this spread has no 7-day history yet)): +$55 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4560 | 0.1615 | pay 0.0807% / 4h | 3h 46m | $5.6M | $4.9M | 10x |
| Short | Variational Omni M | 1.4640 | 0.0100 | get 0.0050% / 4h | 3h 46m | $91K | $43K | — |
Binance MUSDT
Variational Omni MFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$318.13
- Price spread: +0.548% → 0.000%
- $54.76
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$273.37
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago | 1.71 bp | 41.3 bp −$41 | 360.0 bp −$3,600 | 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.
M 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4558 | −0.014% | $4.6M | $2.4M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4562 | +0.014% | $2.0M | $864K | 10x | as long as short |
| Variational Omni Mshort | +0.0100% | 4h | 1.4640 | +0.548% | $91K | $43K | — | |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4569 | +0.062% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4584 | +0.165% | $2K | $653K | 20x | as long as short |
| Bitget MUSDT | +0.0324% | 4h | 1.4585 | +0.172% | $1.9M | $353K | 10x | as long as short |
| Aster MUSDT | +0.1206% | 4h | 1.4573 | +0.090% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1540% | 4h | 1.4555 | −0.034% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.1563% | 4h | 1.4583 | +0.158% | $355K | $436K | 10x | as long as short |
| MEXC M_USDT | +0.1614% | 4h | 1.4581 | +0.144% | $244K | $111K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDTlong | +0.1615% | 4h | 1.4560 | long leg | $5.6M | $4.9M | 10x | |
| KuCoin MUSDTM | +0.2474% | 4h | 1.4463 | −0.666% | $1.4M | $4.2M | 10x | as long as short |
KuCoin MUSDTM