Funding you earn now, next payment 00:00 UTC+0.0533%/8h= +58.4% APRpaid last 24h +0.036%
Price spread now: Variational Omni against Extended+0.043%7-day average +0.303% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+2.260%+$226 · spread now +0.043%, 7d avg +0.303%
=Together, before fees+2.317%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$232 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.260% cheaper against Extended than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.303%). If the spread goes back, that is −$26 on $10k: about 39 hours of funding at the current rate (+$16 a day). At the pace of the last 3 days (+0.057% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.057% in total (about 6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended USELESS-USD | 0.2822 | 0.0496 | pay 0.0062% / 1h | 11m 04s | $297K | $966K | 5x |
| Short | Variational Omni USELESS | 0.2823 | 0.1029 | get 0.0515% / 4h | 11m 04s | $1.2M | $1.8M | — |
Extended USELESS-USD
Variational Omni USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- $112
- Price spread: +0.043% → +0.303%
- −$25.99
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $81.01
- Costs to cover
- 0.050%
- Break-even
- 1.9 days
Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago | 81.54 bp | 99.4 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 5.37 bp | doesn't fit | 87.7 bp −$877 | 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 | 0.2822 | −0.001% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2824 | +0.095% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2822 | +0.006% | $9.9M | $66.7M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2822 | −0.008% | $39K | $162K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2825 | +0.109% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2820 | −0.075% | $19K | $499K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2817 | −0.174% | $575K | $1.2M | 20x | as long as short |
| ApeX Omni USELESSUSDT | +0.0102% | 1h | 0.2812 | −0.348% | $39K | $701K | 25x | as long as short |
| Aevo USELESS-PERP | +0.0200% | 1h | 0.2824 | +0.072% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0202% | 4h | 0.2819 | −0.082% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
ApeX Omni USELESSUSDT
Aevo USELESS-PERP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0298% | 4h | 0.2822 | −0.004% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0364% | 4h | 0.2819 | −0.114% | $7.0M | $8.3M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0494% | 4h | 0.2823 | +0.049% | $10.4M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0494% | 4h | 0.2822 | +0.020% | $23.8M | $116.5M | 50x | as long as short |
| Extended USELESS-USDlong | +0.0496% | 1h | 0.2822 | long leg | $297K | $966K | 5x | |
| edgeX USELESSUSDC | +0.0496% | 4h | 0.2818 | −0.118% | $21K | $192K | 10x | as long as short |
| BingX USELESS-USDT | +0.0890% | 4h | 0.2823 | +0.060% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.0943% | 4h | 0.2823 | +0.035% | $27.7M | $45.8M | 13x | as long as short |
| Variational Omni USELESSshort | +0.1029% | 4h | 0.2823 | +0.043% | $1.2M | $1.8M | — | |
| Aster USELESSUSDT | +0.1067% | 4h | 0.2818 | −0.136% | $648K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1235% | 4h | 0.2825 | +0.102% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1321% | 4h | 0.2824 | +0.067% | $22K | $1.4M | 10x | as long as short |
| Hyperliquid USELESS | +0.1520% | 1h | 0.2826 | +0.155% | $14.1M | $21.1M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2971 | +5.280% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
MEXC USELESS_USDT
Binance USELESSUSDT
edgeX USELESSUSDC
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP