Funding you earn now, next payment 00:00 UTC+0.0923%/8h= +101.0% APRnext payment +$4.61 per $10,000 · paid last 24h +0.123%
Price spread now: Binance against Variational Omni+0.237%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
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Binance is 0.237% dearer against Variational Omni than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni M | 1.4506 | 0.0100 | pay 0.0050% / 4h | 1h 15m | $89K | $42K | — |
| Short | Binance MUSDT | 1.4540 | 0.1023 | get 0.0511% / 4h | 1h 15m | $5.5M | $4.6M | 10x |
Variational Omni M
Binance MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $193.75
- Price spread: +0.237% → 0.000%
- $23.66
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $207.4
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 8 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 Binance live order book, 8 min ago | 0.69 bp | 21.9 bp −$22 | 345.7 bp −$3,457 | 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.
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 | 1.4538 | +0.223% | $4.6M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4511 | +0.037% | $1.9M | $913K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4551 | +0.312% | $1.9M | $352K | 10x | as long as short |
| Variational Omni Mlong | +0.0100% | 4h | 1.4506 | long leg | $89K | $42K | — | |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4553 | +0.326% | $2K | $596 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4570 | +0.443% | $2K | $570K | 20x | as long as short |
| Aster MUSDT | +0.0673% | 4h | 1.4547 | +0.284% | $14K | $114K | 5x | as long as short |
| KuCoin MUSDTM | +0.0818% | 4h | 1.4385 | −0.835% | $1.4M | $4.4M | 10x | as long as short |
| BingX M-USDT | +0.0942% | 4h | 1.4536 | +0.209% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0970% | 4h | 1.4542 | +0.250% | $349K | $412K | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
KuCoin MUSDTM
BingX M-USDT
BloFin M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.1022% | 4h | 1.4544 | +0.264% | $248K | $112K | 50x | as long as short |
| Binance MUSDTshort | +0.1023% | 4h | 1.4540 | +0.237% | $5.5M | $4.6M | 10x |
MEXC M_USDT