Funding you earn now, next payment 04:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.232%
Price spread now: Orderly against Variational Omni+0.382%48s7-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 +$19 a day on $10k at the current rate, and Orderly is 0.382% dearer against Variational Omni than usual: you sell high and buy low: +$38 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 ORDER | 0.04122 | 0.0100 | pay 0.0100% / 8h | 5h 18m | $11K | $2K | — |
| Short | Orderly PERP_ORDER_USDC | 0.04138 | 0.0720 | get 0.0360% / 4h | 1h 18m | $195K | $198K | 10x |
Variational Omni ORDER
Orderly PERP_ORDER_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $130.13
- Price spread: +0.382% → 0.000%
- $38.24
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $162.37
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Orderly: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Variational Omni and Orderly: 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.
ORDER on 11 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 ORDER-USDT | +0.0094% | 8h | 0.04122 | −0.006% | $66K | $7K | 16x | as long as short |
| Binance ORDERUSDT | +0.0100% | 4h | 0.04135 | +0.310% | $1.4M | $1.8M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.04128 | +0.140% | $1.3M | $710K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.04135 | +0.310% | $172K | $323K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.04131 | +0.213% | $78K | $65K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.04138 | +0.382% | $280K | $100K | 20x | as long as short |
| KuCoin ORDERUSDTM | +0.0100% | 4h | 0.04134 | +0.285% | $233K | $87K | 30x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.04131 | +0.213% | $494K | $236K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.04133 | +0.261% | — | $1.3M | — | as long as short |
| Variational Omni ORDERlong | +0.0100% | 8h | 0.04122 | long leg | $11K | $2K | — |
BloFin ORDER-USDT
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
KuCoin ORDERUSDTM
Bitget ORDERUSDT
BingX ORDER-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_ORDER_USDCshort | +0.0720% | 4h | 0.04138 | +0.382% | $195K | $198K | 10x |