Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.5% APRnext payment −$0.34 per $10,000 · paid last 24h +0.005%
Price spread now: MEXC against Variational Omni−0.408%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and MEXC is 0.408% cheaper against Variational Omni than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni T | 0.005193 | 0.0092 | pay 0.0046% / 4h | 2h 39m | $7K | $6K | — |
| Short | MEXC T_USDT | 0.005172 | 0.0024 | get 0.0012% / 4h | 2h 39m | $3.1M | $225K | 20x |
Variational Omni T
MEXC T_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
- −$14.29
- Price spread: −0.408% → 0.000%
- −$40.81
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.11
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 2 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 no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 2 min ago | 0.96 bp | 12.4 bp −$12 | 30.3 bp −$303 | 119.3 bp −$11.9K | doesn't fit |
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.
T on 8 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_TUSD | −0.1722% | 1h | 0.005185 | −0.165% | $4K | $4K | 10x | as long as short |
| Gate T_USDT | −0.0344% | 4h | 0.005189 | −0.081% | $212K | $85K | 20x | as long as short |
| Bitget TUSDT | −0.0026% | 4h | 0.005161 | −0.620% | $894K | $544K | 50x | as long as short |
| MEXC T_USDTshort | +0.0024% | 4h | 0.005172 | −0.408% | $3.1M | $225K | 20x | |
| Binance TUSDT | +0.0025% | 4h | 0.005172 | −0.409% | $3.2M | $7.0M | 50x | as long as short |
| Variational Omni Tlong | +0.0092% | 4h | 0.005193 | long leg | $7K | $6K | — | |
| Bybit TUSDT | +0.0100% | 4h | 0.005166 | −0.524% | $1.5M | $1.5M | 25x | as long as short |
| KuCoin TUSDTM | +0.0100% | 4h | 0.005185 | −0.158% | $1.3M | $85K | 12x | as long as short |
Kraken Futures PF_TUSD
Gate T_USDT
Bitget TUSDT
Binance TUSDT
Bybit TUSDT
KuCoin TUSDTM