S

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRnext payment −$0.68 per $10,000 · paid last 24h −0.358%

Price spread now: Variational Omni against Binance−0.634%7-day average −0.147% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.649%−$65 on $10k

Price spread, last 4 days (all we have)+1.195%+$119 · spread now −0.634%, 7d avg −0.147%

Together, before fees+0.545%+ Points / potential airdropVariational Omni: Active · farm board+$55 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.487% cheaper against Binance than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of −0.147%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SUSDT	0.03931	0.0100	pay 0.0050% / 4h	5m 04s	$5.3M	$13.9M	75x
Short	Variational Omni S	0.03906	−0.0036	pay 0.0018% / 4h	5m 04s	$607K	$30K	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now −0.634%Rate

Funding earned: −$28.5
Price spread: −0.634% → −0.147%: −$48.66
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$87.16
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 5 min ago; Variational Omni: RFQ quote, 54 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 Binance live order book, 5 min ago	2.51 bp	18.1 bp −$18	69.7 bp −$697	2317.4 bp −$231.7K	doesn't fit
Sell Variational Omni RFQ quote, 54 min ago	7.31 bp	doesn't fit	104.8 bp −$1,048	doesn't fit	doesn't fit

S on 25 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
01 Exchange SUSD	−0.6480%	1h	0.03920	−0.286%	$24K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2598%	1h	0.03929	−0.047%	$33K	$13K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1376%	1h	0.03908	−0.591%	$47K	$16K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.03932	+0.027%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03927	−0.098%	$4	—	15x	as long as short
Variational Omni Sshort	−0.0036%	4h	0.03906	−0.634%	$607K	$30K	—
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03933	+0.038%	$606	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+4.293%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0071%	4h	0.03932	+0.019%	$97K	$281K	10x	as long as short
Lighter S	+0.0096%	1h	0.03933	+0.045%	$165K	$158K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.03927	−0.100%	$984K	$570K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03934	+0.073%	$43K	$131K	10x	as long as short
Binance SUSDTlong	+0.0100%	4h	0.03931	long leg	$5.3M	$13.9M	75x
Bybit SUSDT	+0.0100%	4h	0.03925	−0.159%	$5.6M	$4.6M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03927	−0.108%	$997K	$3.8M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03923	−0.209%	$320K	$199K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03929	−0.057%	$3.6M	$1.8M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03928	−0.082%	$1.8M	$2.7M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03935	+0.096%	$1.2M	$2.2M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03924	−0.184%	—	$6.8M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03990	+1.495%	$24K	$463K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03927	−0.117%	$221K	$1.1M	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0259%	1h	0.03935	+0.096%	$66K	$10K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03935	+0.096%	$267K	$99K	75x	as long as short
Backpack S_USDC_PERP	+0.1081%	1h	0.03940	+0.223%	$115K	$421K	5x	as long as short