Funding you earn now, next payment 04:00 UTC−0.0141%/8h= −15.5% APRnext payment −$0.71 per $10,000 · paid last 24h −0.001%
Price spread now: MEXC against Variational Omni+1.522%7-day average −0.016% · 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)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−1.481%−$148 · spread now +1.522%, 7d avg −0.016%
=Together, before fees−1.482%+ Points / potential airdropVariational Omni: Active · farm board−$148 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 1.539% dearer against Variational Omni than usual: you sell high and buy low (spread +1.522% now, against its 7-day average of −0.016%): +$154 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 36 days. At the pace of the last 3 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.07083 | 0.0241 | pay 0.0121% / 4h | 1h 17m | $182K | $283K | — |
| Short | MEXC NIL_USDT | 0.07191 | 0.0100 | get 0.0050% / 4h | 1h 17m | $2.4M | $4.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$29.69
- Price spread: +1.522% → −0.016%
- $153.85
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $120.16
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 47 min ago; MEXC: live order book, 5 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 RFQ quote, 47 min ago | 6.28 bp | doesn't fit | 175.3 bp −$1,753 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 9.20 bp | 25.0 bp −$25 | 151.9 bp −$1,519 | 319.6 bp −$32.0K | 603.5 bp −$301.8K |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NIL-USDT | +0.0066% | 4h | 0.07102 | +0.266% | $364K | $127K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07196 | +1.586% | $23K | $330K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07201 | +1.659% | $5.6M | $75.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07212 | +1.819% | $4.0M | $13.9M | 20x | as long as short |
| MEXC NIL_USDTshort | +0.0100% | 4h | 0.07191 | +1.522% | $2.4M | $4.4M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07194 | +1.564% | $591K | $715K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07202 | +1.677% | $1.8M | $8.4M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07194 | +1.564% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07191 | +1.521% | $17K | $91K | 5x | as long as short |
| Variational Omni NILlong | +0.0241% | 4h | 0.07083 | long leg | $182K | $283K | — |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NIL_USDT | +0.0372% | 4h | 0.07182 | +1.395% | $454K | $2.0M | 50x | as long as short |
| Hyperliquid NIL | +0.1729% | 1h | 0.07219 | +1.919% | $4.5M | $4.6M | 3x | as long as short |
Variational Omni NIL
MEXC NIL_USDT
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USD
Gate NIL_USDT
Hyperliquid NIL