Funding you earn now, next payment 08:00 UTC+0.0127%/8h= +13.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.340%
Price spread now: Gate against Variational Omni+0.056%7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.663%+$66 on $10k
+Price spread, last 4 days (all we have)−0.473%−$47 · spread now +0.056%, 7d avg +0.112%
=Together, before fees+0.190%+ Points / potential airdropVariational Omni: Active · farm board+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.057% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.056% now, against its 7-day average of +0.112%). If the spread goes back, that is −$6 on $10k: about 36 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.663% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.03942 | −0.0027 | get 0.0013% / 4h | 3h 33m | $612K | $30K | — |
| Short | Gate S_USDT | 0.03944 | 0.0100 | get 0.0050% / 4h | 3h 33m | $321K | $189K | 50x |
Variational Omni S
Gate S_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $26.63
- Price spread: +0.056% → +0.112%
- −$5.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $5.96
- Costs to cover
- 0.150%
- Break-even
- 5.4 days
Slippage unknown: Variational Omni: RFQ quote, 20 min ago; Gate: live order book, 16 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 Variational Omni RFQ quote, 20 min ago | 6.26 bp | doesn't fit | 86.4 bp −$864 | doesn't fit | doesn't fit |
| Sell Gate live order book, 16 min ago | 8.76 bp | 76.2 bp −$76 | doesn't fit | 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 | −0.2259% | 1h | 0.03943 | +0.026% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1344% | 1h | 0.03927 | −0.376% | $48K | $16K | 25x | as long as short |
| 01 Exchange SUSD | −0.1288% | 1h | 0.03840 | −2.583% | $24K | $2K | 5x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.03948 | +0.154% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03946 | +0.096% | $4 | — | 15x | as long as short |
| Variational Omni Slong | −0.0027% | 4h | 0.03942 | long leg | $612K | $30K | — | |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03949 | +0.177% | $609 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.013% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0081% | 4h | 0.03948 | +0.157% | $98K | $279K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03951 | +0.233% | $166K | $156K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
01 Exchange SUSD
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03945 | +0.068% | $988K | $591K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03952 | +0.257% | $47K | $141K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03945 | +0.081% | $5.5M | $14.0M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03939 | −0.071% | $5.6M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03944 | +0.056% | $982K | $3.8M | 20x | as long as short |
| Gate S_USDTshort | +0.0100% | 4h | 0.03944 | +0.056% | $321K | $189K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.03946 | +0.106% | $3.7M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03944 | +0.056% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03946 | +0.106% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03944 | +0.056% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03960 | +0.461% | $20K | $462K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03944 | +0.052% | $224K | $1.1M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03950 | +0.208% | $273K | $102K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0764% | 1h | 0.03950 | +0.208% | $66K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1705% | 1h | 0.03950 | +0.208% | $115K | $424K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP