S

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1269%/8h= −138.9% APRnext payment −$6.34 per $10,000 · paid last 24h −0.335%

Price spread now: Variational Omni against BingX−0.250%7-day average −0.131% · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.598%−$60 on $10k

Price spread, last 3 days (all we have)+1.175%+$117 · spread now −0.250%, 7d avg −0.131%

Together, before fees+0.577%+ Points / potential airdropVariational Omni: Active · farm board+$58 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$38 a day on $10k at the current rate, and Variational Omni is 0.119% cheaper against BingX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.131%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX S-USDT	0.03975	0.0100	pay 0.0050% / 4h	3h 10m	—	$6.8M	—
Short	Variational Omni S	0.03965	−0.1169	pay 0.0584% / 4h	3h 10m	$616K	$80K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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 BingXbpFee Variational OmnibpOrdersPrice spread, now −0.250%Rate

Funding earned: −$266.45
Price spread: −0.250% → −0.131%: −$11.92
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$288.37
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 16 min ago; Variational Omni: RFQ quote, 18 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 BingX live order book, 16 min ago	3.79 bp	19.5 bp −$20	60.9 bp −$609	474.0 bp −$47.4K	755.2 bp −$377.6K
Sell Variational Omni RFQ quote, 18 min ago	6.32 bp	doesn't fit	69.5 bp −$695	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
Kraken Futures PF_SUSD	−0.1542%	1h	0.03976	+0.037%	$33K	$33K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1272%	1h	0.03826	−3.748%	$47K	$5K	25x	as long as short
Variational Omni Sshort	−0.1169%	4h	0.03965	−0.250%	$616K	$80K	—
01 Exchange SUSD	−0.0408%	1h	0.03970	−0.126%	$24K	$3K	5x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0173% / S +0.0169%	1h	0.03983	+0.191%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03976	+0.036%	$4	—	15x	as long as short
Orderly PERP_S_USDC	−0.0011%	4h	0.03980	+0.126%	$102K	$339K	10x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03983	+0.196%	$614	—	150x	as long as short
Deribit S_USDC-PERPETUAL	+0.0001%	1h	0.03985	+0.252%	$67K	$10K	10x	as long as short
Aster SUSDT	+0.0015%	4h	0.03980	+0.126%	$44K	$212K	10x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective S/USDC PERP	+0.0033%	1h	0.04100	+3.145%	$2K	$37K	12x	as long as short
OKX S-USDT-SWAP	+0.0054%	4h	0.03975	0.000%	$989K	$8.5M	20x	as long as short
Lighter S	+0.0096%	1h	0.03983	+0.201%	$167K	$265K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.03977	+0.038%	$1.0M	$985K	5x	as long as short
Binance SUSDT	+0.0100%	4h	0.03977	+0.050%	$5.5M	$26.2M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03972	−0.075%	$5.7M	$6.9M	50x	as long as short
Gate S_USDT	+0.0100%	4h	0.03975	0.000%	$325K	$309K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03978	+0.075%	$3.7M	$3.2M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03976	+0.025%	$1.9M	$3.1M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03977	+0.050%	$1.2M	$3.3M	50x	as long as short
BingX S-USDTlong	+0.0100%	4h	0.03975	long leg	—	$6.8M	—
ApeX Omni SUSDT	+0.0100%	1h	0.03990	+0.377%	$26K	$477K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03974	−0.027%	$224K	$890K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03980	+0.126%	$275K	$209K	75x	as long as short
Backpack S_USDC_PERP	+0.0345%	1h	0.03990	+0.377%	$116K	$287K	5x	as long as short