Funding you earn now, next payment 04:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.89 per $10,000 · paid last 24h +0.010%
Price spread now: Variational Omni against BingX−0.502%7-day average +0.115% · 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)+0.036%+$4 on $10k
+Price spread, last 7 days+0.480%+$48 · spread now −0.502%, 7d avg +0.115%
=Together, before fees+0.515%+ Points / potential airdropVariational Omni: Active · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.617% cheaper against BingX than usual: you would sell low and buy high (spread −0.502% now, against its 7-day average of +0.115%). If the spread goes back, that is −$62 on $10k: about 12 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.036% in total) that is about 60 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX USELESS-USDT | 0.2562 | 0.0764 | pay 0.0382% / 4h | 56m 07s | — | $5.3M | — |
| Short | Variational Omni USELESS | 0.2549 | 0.0941 | get 0.0471% / 4h | 56m 07s | $1.0M | $1.8M | — |
BingX USELESS-USDT
Variational Omni USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $37.17
- Price spread: −0.502% → +0.115%
- −$61.72
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$34.55
- Costs to cover
- 0.100%
- Break-even
- 13.5 days
Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 3 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 BingX live order book, 9 min ago | 4.63 bp | 19.5 bp −$19 | 67.7 bp −$677 | 477.5 bp −$47.8K | 1396.7 bp −$698.4K |
| Sell Variational Omni RFQ quote, 3 min ago | 7.80 bp | doesn't fit | 81.9 bp −$819 | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2561 | −0.039% | $1.2M | $1.2M | 3x | as long as short |
| Hyperliquid USELESS | +0.0100% | 1h | 0.2562 | −0.008% | $11.6M | $22.6M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2553 | −0.351% | $28K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2558 | −0.152% | $6.4M | $8.6M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2555 | −0.254% | $36K | $219K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2563 | +0.039% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2564 | +0.082% | $17K | $517K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2555 | −0.246% | $560K | $1.1M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0161% | 1h | 0.2551 | −0.422% | $33K | $698K | 25x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0219% | 4h | 0.2561 | −0.020% | $8.9M | $62.7M | 10x | as long as short |
Lighter USELESS
Hyperliquid USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
OKX USELESS-USDT-SWAPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0224% | 1h | 0.2561 | −0.031% | $9K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0252% | 4h | 0.2559 | −0.109% | $4.6M | $10.6M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0486% | 4h | 0.2561 | −0.016% | $4.9M | $10.4M | 20x | as long as short |
| Binance USELESSUSDT | +0.0551% | 4h | 0.2562 | +0.025% | $21.4M | $122.6M | 50x | as long as short |
| Extended USELESS-USD | +0.0552% | 1h | 0.2561 | −0.046% | $112K | $1.2M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0558% | 4h | 0.2559 | −0.117% | $10.2M | $6.2M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0568% | 4h | 0.2553 | −0.336% | $19K | $196K | 10x | as long as short |
| Aster USELESSUSDT | +0.0726% | 4h | 0.2557 | −0.184% | $506K | $2.4M | 10x | as long as short |
| BingX USELESS-USDTlong | +0.0764% | 4h | 0.2562 | long leg | — | $5.3M | — | |
| Bybit USELESSUSDT | +0.0790% | 4h | 0.2560 | −0.082% | $24.6M | $48.5M | 13x | as long as short |
| Variational Omni USELESSshort | +0.0941% | 4h | 0.2549 | −0.502% | $1.0M | $1.8M | — | |
| BloFin USELESS-USDT | +0.1045% | 4h | 0.2548 | −0.535% | $1.1M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1353% | 4h | 0.2560 | −0.070% | $19K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2695 | +5.188% | $5K | $11K | 5.5x | as long as short |
Aevo USELESS-PERP
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
Aster USELESSUSDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP