TOWNS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0270%/8h= −29.6% APRnext payment −$1.35 per $10,000 · paid last 24h −0.014%

Price spread now: Variational Omni against Binance+0.129%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Variational Omni is 0.129% dearer against Binance than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance TOWNSUSDT	0.002071	0.0370	pay 0.0185% / 4h	2h 30m	$2.0M	$1.3M	10x
Short	Variational Omni TOWNS	0.002074	0.0100	get 0.0050% / 4h	2h 30m	$194	$555	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee Variational OmnibpOrdersPrice spread, now +0.129%Rate

Funding earned: −$56.73
Price spread: +0.129% → 0.000%: $12.93
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$53.79
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 4 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 Binance live order book, 4 min ago	2.41 bp	42.3 bp −$42	628.3 bp −$6,283	doesn't fit	doesn't fit
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.

TOWNS 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
Bybit TOWNSUSDT	+0.0100%	4h	0.002071	0.000%	$372K	$115K	5x	as long as short
Gate TOWNS_USDT	+0.0100%	4h	0.002071	0.000%	$71K	$19K	10x	as long as short
Variational Omni TOWNSshort	+0.0100%	4h	0.002074	+0.129%	$194	$555	—
Aster TOWNSUSDT	+0.0225%	4h	0.002072	+0.048%	$10K	$6K	5x	as long as short
MEXC TOWNS_USDT	+0.0364%	4h	0.002071	0.000%	$397K	$125K	100x	as long as short
Binance TOWNSUSDTlong	+0.0370%	4h	0.002071	long leg	$2.0M	$1.3M	10x
Coinbase International TOWNS-PERP-INTX	+0.0392%	1h	0.002171	+4.829%	$81K	$4K	25x	as long as short
BingX TOWNS-USDT	+0.0650%	4h	0.002073	+0.097%	—	$2.3M	—	as long as short
Bitget TOWNSUSDT	+0.0678%	4h	0.002070	−0.048%	$339K	$48K	5x	as long as short
KuCoin TOWNSUSDTM	+0.0878%	4h	0.002069	−0.097%	$247K	$31K	10x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit TOWNS_USDC-PERPETUAL	+0.3618%	1h	0.002076	+0.241%	—	—	25x	as long as short