Funding you earn now, next payment 02:00 UTC−0.1092%/8h= −119.6% APRpaid last 24h −0.938%
Price spread now: Variational Omni against Coinbase International−0.283%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
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Variational Omni is 0.283% cheaper against Coinbase International than usual: you would sell low and buy high (−$28 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 | Coinbase International TOWNS-PERP-INTX | 0.002074 | 0.1192 | pay 0.0149% / 1h | 42m 33s | $77K | $4K | 25x |
| Short | Variational Omni TOWNS | 0.002068 | 0.0100 | get 0.0050% / 4h | 1h 42m | $193 | $555 | — |
Coinbase International TOWNS-PERP-INTX
Variational Omni TOWNSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$229.32
- Price spread: −0.283% → 0.000%
- −$28.26
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$267.58
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: no order-book sample; 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 Coinbase International no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Coinbase International and 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 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.050% | $10K | $6K | 5x | as long as short |
| Bybit TOWNSUSDT | +0.0100% | 4h | 0.002073 | −0.048% | $374K | $114K | 5x | as long as short |
| Gate TOWNS_USDT | +0.0100% | 4h | 0.002072 | −0.096% | $71K | $19K | 10x | as long as short |
| Variational Omni TOWNSshort | +0.0100% | 4h | 0.002068 | −0.283% | $193 | $555 | — | |
| BloFin TOWNS-USDT | +0.0175% | 4h | 0.002072 | −0.096% | $132K | $5K | 10x | as long as short |
| Binance TOWNSUSDT | +0.0197% | 4h | 0.002076 | +0.084% | $2.0M | $1.3M | 10x | as long as short |
| MEXC TOWNS_USDT | +0.0202% | 4h | 0.002075 | +0.048% | $401K | $121K | 100x | as long as short |
| KuCoin TOWNSUSDTM | +0.0394% | 4h | 0.002073 | −0.048% | $247K | $30K | 10x | as long as short |
| BingX TOWNS-USDT | +0.0426% | 4h | 0.002074 | 0.000% | — | $2.3M | — | as long as short |
| Bitget TOWNSUSDT | +0.0444% | 4h | 0.002071 | −0.145% | $338K | $47K | 5x | as long as short |
Aster TOWNSUSDT
Bybit TOWNSUSDT
Gate TOWNS_USDT
BloFin TOWNS-USDT
Binance TOWNSUSDT
MEXC TOWNS_USDT
KuCoin TOWNSUSDTM
BingX TOWNS-USDT
Bitget TOWNSUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International TOWNS-PERP-INTXlong | +0.1192% | 1h | 0.002074 | long leg | $77K | $4K | 25x | |
| Deribit TOWNS_USDC-PERPETUAL | +0.4576% | 1h | 0.002082 | +0.386% | — | — | 25x | as long as short |
Deribit TOWNS_USDC-PERPETUAL