Funding you earn now, next payment 08:00 UTC+0.0162%/8h= +17.7% APRnext payment +$1.62 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Variational Omni+0.083%101s7-day average +0.061% · 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)+0.127%+$13 on $10k
+Price spread, last 3 days (all we have)+0.084%+$8 · spread now +0.083%, 7d avg +0.061%
=Together, before fees+0.210%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.023% dearer against Variational Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.061%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OP | 0.1251 | 0.0058 | pay 0.0058% / 8h | 6h 53m | $222K | $52K | — |
| Short | BloFin OP-USDT | 0.1252 | 0.0220 | get 0.0220% / 8h | 6h 53m | $1.0M | $273K | 75x |
Variational Omni OP
BloFin OP-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
- $33.93
- Price spread: +0.083% → +0.061%
- $2.27
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $24.2
- Costs to cover
- 0.120%
- Break-even
- 2.0 days
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; BloFin: live order book, 9 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, 16 min ago | 7.85 bp | doesn't fit | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 9 min ago | 1.18 bp | 17.3 bp −$17 | 26.4 bp −$264 | 69.1 bp −$6,907 | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1535% | 1h | 0.1246 | −0.372% | $34K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1261 | +0.804% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0184% | 1h | 0.1279 | +2.266% | $25K | $77K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1258 | +0.571% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1255 | +0.347% | $41K | $163K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1261 | +0.801% | — | — | 150x | as long as short |
| Variational Omni OPlong | +0.0058% | 8h | 0.1251 | long leg | $222K | $52K | — | |
| Orderly PERP_OP_USDC | +0.0059% | 8h | 0.1260 | +0.747% | $6K | $47K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1258 | +0.627% | $281K | $946K | 15x | as long as short |
| OKX OP-USDT-SWAP | +0.0099% | 8h | 0.1260 | +0.755% | $6.1M | $30.0M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Lighter OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1259 | +0.643% | $3.9M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1257 | +0.507% | $210K | $231K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1261 | +0.839% | $20.3M | $62.4M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1260 | +0.779% | $18.3M | $26.2M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1260 | +0.755% | $1.9M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1260 | +0.747% | $20.4M | $7.4M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1257 | +0.507% | $2.9M | $7.0M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1259 | +0.667% | $5.9M | $6.6M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1260 | +0.771% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1256 | +0.459% | $121K | $196K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1262 | +0.908% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1250 | −0.021% | $310K | $5.2M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1262 | +0.907% | $43K | $726K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1256 | +0.451% | $167 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1257 | +0.467% | $173K | $235K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1257 | +0.480% | $101K | $395K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1254 | +0.253% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDTshort | +0.0220% | 8h | 0.1252 | +0.083% | $1.0M | $273K | 75x | |
| Reya OPRUSDPERP | +0.0439% | 1h | 0.1259 | +0.683% | $700 | — | 20x | as long as short |
| Kraken Futures PF_OPUSD | +0.0464% | 1h | 0.1258 | +0.565% | $794K | $620K | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Reya OPRUSDPERP
Kraken Futures PF_OPUSD