Funding you earn now, next payment 00:00 UTC−0.0962%/8h= −105.4% APRnext payment −$4.81 per $10,000 · paid last 24h −0.335%
Price spread now: Variational Omni against Bitget−0.302%7-day average −0.200% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.596%−$60 on $10k
+Price spread, last 3 days (all we have)+0.627%+$63 · spread now −0.302%, 7d avg −0.200%
=Together, before fees+0.031%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and Variational Omni is 0.101% cheaper against Bitget than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.200%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SUSDT | 0.03934 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $1.2M | $2.7M | 50x |
| Short | Variational Omni S | 0.03922 | −0.0862 | pay 0.0431% / 4h | 1h 41m | $611K | $32K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$202.07
- Price spread: −0.302% → −0.200%
- −$10.15
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$224.22
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Variational Omni: RFQ quote, 43 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 Bitget live order book, 1 min ago | 5.08 bp | 21.3 bp −$21 | 58.1 bp −$581 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 43 min ago | 8.94 bp | doesn't fit | 83.0 bp −$830 | 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 | −0.1588% | 1h | 0.03935 | +0.025% | $33K | $26K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −2.745% | $47K | $5K | 25x | as long as short |
| Variational Omni Sshort | −0.0862% | 4h | 0.03922 | −0.302% | $611K | $32K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0194% / S +0.0188% | 1h | 0.03937 | +0.086% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03934 | +0.004% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0016% | 1h | 0.03940 | +0.153% | $24K | $2K | 5x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03936 | +0.058% | $607 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0004% | 1h | 0.03937 | +0.076% | $66K | $10K | 10x | as long as short |
| Orderly PERP_S_USDC | +0.0024% | 4h | 0.03934 | 0.000% | $100K | $348K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.220% | $2K | $37K | 12x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0058% | 4h | 0.03938 | +0.107% | $43K | $212K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03938 | +0.102% | $165K | $222K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03934 | +0.005% | $987K | $788K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03934 | +0.004% | $5.4M | $20.4M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03931 | −0.076% | $5.6M | $5.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03932 | −0.051% | $981K | $6.4M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03931 | −0.076% | $321K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03934 | 0.000% | $3.6M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03932 | −0.051% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDTlong | +0.0100% | 4h | 0.03934 | long leg | $1.2M | $2.7M | 50x | |
| BingX S-USDT | +0.0100% | 4h | 0.03935 | +0.025% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | −0.102% | $25K | $466K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03932 | −0.058% | $221K | $881K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03930 | −0.102% | $268K | $127K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0377% | 1h | 0.03940 | +0.153% | $115K | $300K | 5x | as long as short |
Bitget SUSDT
Variational Omni S
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
01 Exchange SUSD
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUAL
Injective S/USDC PERP
Aster SUSDT
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP