Funding you earn now, next payment 00:00 UTC+0.3156%/8h= +345.6% APRnext payment +$15.78 per $10,000 · paid last 24h +0.390%
Price spread now: Variational Omni against MEXC−0.455%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.455% cheaper against MEXC than usual: you would sell low and buy high (spread −0.455% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 12 hours of funding at the current rate (+$95 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC STEEM_USDT | 0.05706 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $383K | $107K | 20x |
| Short | Variational Omni STEEM | 0.05680 | 0.3256 | get 0.1628% / 4h | 2h 37m | $12K | $147 | — |
MEXC STEEM_USDT
Variational Omni STEEMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- $662.86
- Price spread: −0.455% → 0.000%
- −$45.52
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $609.34
- Costs to cover
- 0.080%
- Break-even
- 0.6 days
Slippage unknown: MEXC: live order book, 45 min ago; Variational Omni: no order-book sample. 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 MEXC live order book, 45 min ago | 0.87 bp | 9.9 bp −$10 | 81.2 bp −$812 | 142.5 bp −$14.3K | 500.9 bp −$250.5K |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
STEEM on 11 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_STEEMUSD | −0.0638% | 1h | 0.05710 | +0.062% | $9K | $2K | 10x | as long as short |
| HTX STEEM-USDT | −0.0208% | 4h | 0.05704 | −0.035% | $40K | $32K | 20x | as long as short |
| BingX STEEM-USDT | +0.0070% | 4h | 0.05700 | −0.105% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05710 | +0.071% | $16K | $9K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05706 | −0.001% | $2.1M | $3.3M | 25x | as long as short |
| MEXC STEEM_USDTlong | +0.0100% | 4h | 0.05706 | long leg | $383K | $107K | 20x | |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05709 | +0.053% | $414K | $87K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05710 | +0.070% | $440K | $219K | 25x | as long as short |
| Gate STEEM_USDT | +0.1316% | 4h | 0.05718 | +0.210% | $287K | $118K | 20x | as long as short |
| Variational Omni STEEMshort | +0.3256% | 4h | 0.05680 | −0.455% | $12K | $147 | — |
Kraken Futures PF_STEEMUSD
HTX STEEM-USDT
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.3654% | 4h | 0.05681 | −0.438% | $1.3M | $961K | 13x | as long as short |
Bybit STEEMUSDT