Funding you earn now, next payment 00:00 UTC+0.1289%/8h= +141.1% APRnext payment +$6.44 per $10,000 · paid last 24h +0.331%
Price spread now: MEXC against Variational Omni−0.430%7-day average +0.166% · 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)+0.593%+$59 on $10k
+Price spread, last 3 days (all we have)−0.417%−$42 · spread now −0.430%, 7d avg +0.166%
=Together, before fees+0.176%+ Points / potential airdropVariational Omni: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.596% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.430% now, against its 7-day average of +0.166%). If the spread goes back, that is −$60 on $10k: about 37 hours of funding at the current rate (+$39 a day). At the pace of the last 3 days (+0.593% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.03947 | −0.1189 | get 0.0594% / 4h | 2h 51m | $614K | $42K | — |
| Short | MEXC S_USDT | 0.03930 | 0.0100 | get 0.0050% / 4h | 2h 51m | $3.5M | $2.5M | 200x |
Variational Omni S
MEXC S_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $270.61
- Price spread: −0.430% → +0.166%
- −$59.59
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $207.02
- Costs to cover
- 0.040%
- Break-even
- 1.6 days
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; MEXC: live order book, 1 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, 37 min ago | 6.32 bp | doesn't fit | 82.1 bp −$821 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.27 bp | 3.3 bp −$3 | 44.7 bp −$447 | 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 | −0.1453% | 1h | 0.03927 | −0.516% | $33K | $33K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1264% | 1h | 0.03826 | −3.065% | $47K | $5K | 25x | as long as short |
| Variational Omni Slong | −0.1189% | 4h | 0.03947 | long leg | $614K | $42K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03933 | −0.347% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03928 | −0.484% | $4 | — | 15x | as long as short |
| 01 Exchange SUSD | −0.0080% | 1h | 0.03920 | −0.684% | $24K | $3K | 5x | as long as short |
| Aster SUSDT | −0.0041% | 4h | 0.03932 | −0.379% | $43K | $212K | 10x | as long as short |
| Orderly PERP_S_USDC | −0.0019% | 4h | 0.03928 | −0.481% | $101K | $340K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03934 | −0.341% | $606 | — | 150x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0004% | 1h | 0.03933 | −0.354% | $66K | $10K | 10x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
01 Exchange SUSD
Aster SUSDT
Orderly PERP_S_USDC
gTrade (Gains Network) S/USD
Deribit S_USDC-PERPETUALShow 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 | +3.877% | $2K | $37K | 12x | as long as short |
| OKX S-USDT-SWAP | +0.0075% | 4h | 0.03927 | −0.506% | $977K | $7.9M | 20x | as long as short |
| Hyperliquid S | +0.0093% | 1h | 0.03929 | −0.443% | $991K | $928K | 5x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03932 | −0.380% | $165K | $240K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03931 | −0.405% | $5.4M | $25.2M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03922 | −0.633% | $5.6M | $6.7M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03928 | −0.481% | $321K | $291K | 50x | as long as short |
| MEXC S_USDTshort | +0.0100% | 4h | 0.03930 | −0.430% | $3.5M | $2.5M | 200x | |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03927 | −0.506% | $1.8M | $3.1M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03928 | −0.481% | $1.2M | $3.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03928 | −0.481% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | −0.430% | $23K | $475K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03927 | −0.509% | $221K | $883K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0171% | 1h | 0.03940 | −0.177% | $115K | $287K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03925 | −0.557% | $273K | $180K | 75x | as long as short |
Injective S/USDC PERP
OKX S-USDT-SWAP
Hyperliquid S
Lighter S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP
BloFin S-USDT