Funding you earn now, next payment 00:00 UTC+0.1125%/8h= +123.2% APRnext payment +$5.63 per $10,000 · paid last 24h +0.134%
Price spread now: Variational Omni against Gate+0.442%7-day average +0.212% · 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)+0.224%+$22 on $10k
+Price spread, last 7 days−0.448%−$45 · spread now +0.442%, 7d avg +0.212%
=Together, before fees−0.223%+ Points / potential airdropVariational Omni: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Variational Omni is 0.230% dearer against Gate than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.212%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.224% in total (about 25.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.63 per $10,000. 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 | Gate USELESS_USDT | 0.2822 | 0.0392 | pay 0.0196% / 4h | 1h 41m | $7.0M | $7.9M | 50x |
| Short | Variational Omni USELESS | 0.2835 | 0.1517 | get 0.0759% / 4h | 1h 41m | $1.2M | $1.8M | — |
Gate USELESS_USDT
Variational Omni USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- $236.33
- Price spread: +0.442% → +0.212%
- $22.98
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $244.3
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: 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 Gate live order book, 2 min ago | 6.00 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.51 bp | doesn't fit | 49.1 bp −$491 | 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 | 0.2829 | +0.244% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2828 | +0.209% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2824 | +0.074% | $10.0M | $64.1M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2827 | +0.177% | $27K | $142K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2834 | +0.415% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2830 | +0.276% | $27K | $417K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2813 | −0.337% | $577K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0224% | 1h | 0.2828 | +0.197% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0336% | 4h | 0.2826 | +0.138% | $5.2M | $9.8M | 12x | as long as short |
| Gate USELESS_USDTlong | +0.0392% | 4h | 0.2822 | long leg | $7.0M | $7.9M | 50x |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex 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 | +0.0538% | 4h | 0.2819 | −0.128% | $5.4M | $8.9M | 20x | as long as short |
| Binance USELESSUSDT | +0.0566% | 4h | 0.2822 | −0.006% | $23.9M | $111.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0568% | 1h | 0.2822 | −0.022% | $298K | $965K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0568% | 4h | 0.2823 | +0.032% | $9.9M | $5.7M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0570% | 4h | 0.2837 | +0.531% | $21K | $190K | 10x | as long as short |
| ApeX Omni USELESSUSDT | +0.0635% | 1h | 0.2839 | +0.595% | $40K | $700K | 25x | as long as short |
| Hyperliquid USELESS | +0.1195% | 1h | 0.2832 | +0.358% | $14.4M | $19.9M | 3x | as long as short |
| Aster USELESSUSDT | +0.1241% | 4h | 0.2826 | +0.133% | $653K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1244% | 4h | 0.2828 | +0.213% | $22K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1418% | 4h | 0.2828 | +0.198% | — | $4.9M | — | as long as short |
| Variational Omni USELESSshort | +0.1517% | 4h | 0.2835 | +0.442% | $1.2M | $1.8M | — | |
| Bybit USELESSUSDT | +0.1539% | 4h | 0.2827 | +0.156% | $28.6M | $43.4M | 13x | as long as short |
| BloFin USELESS-USDT | +0.1941% | 4h | 0.2836 | +0.475% | $1.2M | $1.9M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3013 | +6.764% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
edgeX USELESSUSDC
ApeX Omni USELESSUSDT
Hyperliquid USELESS
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP