Funding you earn now, next payment 00:00 UTC−0.1249%/8h= −136.8% APRnext payment −$6.25 per $10,000 · paid last 24h −0.278%
Price spread now: Variational Omni against OKX+0.152%7-day average −0.101% · 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)−0.490%−$49 on $10k
+Price spread, last 3 days (all we have)+0.789%+$79 · spread now +0.152%, 7d avg −0.101%
=Together, before fees+0.299%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.253% dearer against OKX than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of −0.101%): +$25 on $10k if it goes back. Holding the pair costs −$37 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.490% in total) that is about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX S-USDT-SWAP | 0.03941 | 0.0061 | pay 0.0030% / 4h | 2h 55m | $982K | $8.2M | 20x |
| Short | Variational Omni S | 0.03947 | −0.1189 | pay 0.0594% / 4h | 2h 55m | $614K | $42K | — |
OKX S-USDT-SWAP
Variational Omni SFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$262.34
- Price spread: +0.152% → −0.101%
- $25.26
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$247.09
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 33 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 OKX live order book, 3 min ago | 1.26 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 33 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 | −0.1447% | 1h | 0.03943 | +0.054% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −2.918% | $47K | $5K | 25x | as long as short |
| Variational Omni Sshort | −0.1189% | 4h | 0.03947 | +0.152% | $614K | $42K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03950 | +0.231% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03942 | +0.034% | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.0031% | 4h | 0.03947 | +0.144% | $43K | $212K | 10x | as long as short |
| 01 Exchange SUSD | −0.0024% | 1h | 0.03940 | −0.025% | $24K | $3K | 5x | as long as short |
| Orderly PERP_S_USDC | −0.0019% | 4h | 0.03947 | +0.152% | $101K | $339K | 10x | as long as short |
| Hyperliquid S | −0.0010% | 1h | 0.03945 | +0.104% | $995K | $974K | 5x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03950 | +0.230% | $609 | — | 150x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Aster SUSDT
01 Exchange SUSD
Orderly PERP_S_USDC
Hyperliquid S
gTrade (Gains Network) S/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit S_USDC-PERPETUAL | +0.0003% | 1h | 0.03952 | +0.279% | $66K | $10K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.035% | $2K | $37K | 12x | as long as short |
| OKX S-USDT-SWAPlong | +0.0061% | 4h | 0.03941 | long leg | $982K | $8.2M | 20x | |
| Lighter S | +0.0096% | 1h | 0.03949 | +0.203% | $165K | $240K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03946 | +0.127% | $5.4M | $25.5M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03940 | −0.025% | $5.6M | $6.7M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03938 | −0.076% | $322K | $290K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03946 | +0.127% | $3.6M | $2.5M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03941 | 0.000% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03944 | +0.076% | $1.2M | $3.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03942 | +0.025% | — | $6.8M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03950 | +0.228% | $115K | $286K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03960 | +0.482% | $24K | $475K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03943 | +0.046% | $222K | $890K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03949 | +0.203% | $201K | $203K | 75x | as long as short |
Deribit S_USDC-PERPETUAL
Injective S/USDC PERP
Lighter S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT