Funding you earn now, next payment 00:00 UTC+0.1118%/8h= +122.4% APRnext payment +$5.59 per $10,000 · paid last 24h +0.127%
Price spread now: Variational Omni against OKX−0.194%7-day average +0.172% · 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)+0.251%+$25 on $10k
+Price spread, last 7 days+0.194%+$19 · spread now −0.194%, 7d avg +0.172%
=Together, before fees+0.445%+ Points / potential airdropVariational Omni: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.366% cheaper against OKX than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of +0.172%). If the spread goes back, that is −$37 on $10k: about 26 hours of funding at the current rate (+$34 a day). At the pace of the last 3 days (+0.251% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.251% in total (about 27.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.59 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 | OKX USELESS-USDT-SWAP | 0.2820 | 0.0100 | pay 0.0050% / 4h | 32m 30s | $9.9M | $66.5M | 10x |
| Short | Variational Omni USELESS | 0.2814 | 0.1218 | get 0.0609% / 4h | 32m 30s | $1.2M | $1.8M | — |
OKX USELESS-USDT-SWAP
Variational Omni USELESSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- $234.73
- Price spread: −0.194% → +0.172%
- −$36.63
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $188.1
- Costs to cover
- 0.100%
- Break-even
- 1.4 days
Slippage unknown: OKX: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 OKX live order book, 1 min ago | 0.71 bp | 21.9 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.55 bp | doesn't fit | 53.2 bp −$532 | 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 | 0.2818 | −0.067% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2815 | −0.160% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAPlong | +0.0100% | 4h | 0.2820 | long leg | $9.9M | $66.5M | 10x | |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2822 | +0.064% | $34K | $157K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2820 | +0.014% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2814 | −0.195% | $19K | $495K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2813 | −0.259% | $569K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2814 | −0.193% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0235% | 1h | 0.2810 | −0.351% | $39K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0282% | 4h | 0.2815 | −0.181% | $5.2M | $10.0M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget USELESSUSDT | +0.0336% | 4h | 0.2822 | +0.078% | $5.3M | $9.4M | 20x | as long as short |
| Gate USELESS_USDT | +0.0382% | 4h | 0.2816 | −0.128% | $7.0M | $8.3M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0506% | 4h | 0.2813 | −0.250% | $21K | $192K | 10x | as long as short |
| Binance USELESSUSDT | +0.0508% | 4h | 0.2824 | +0.129% | $23.7M | $116.0M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0510% | 4h | 0.2820 | +0.011% | $10.4M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0512% | 1h | 0.2821 | +0.023% | $297K | $966K | 5x | as long as short |
| BingX USELESS-USDT | +0.1040% | 4h | 0.2824 | +0.152% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1046% | 4h | 0.2822 | +0.089% | $27.8M | $45.7M | 13x | as long as short |
| Aster USELESSUSDT | +0.1111% | 4h | 0.2816 | −0.128% | $648K | $2.3M | 10x | as long as short |
| Variational Omni USELESSshort | +0.1218% | 4h | 0.2814 | −0.194% | $1.2M | $1.8M | — | |
| Orderly PERP_USELESS_USDC | +0.1344% | 4h | 0.2818 | −0.057% | $22K | $1.4M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1381% | 4h | 0.2821 | +0.028% | $1.2M | $2.0M | 12x | as long as short |
| Hyperliquid USELESS | +0.1535% | 1h | 0.2819 | −0.014% | $14.0M | $21.0M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2995 | +6.206% | $5K | $9K | 5.5x | as long as short |
Bitget USELESSUSDT
Gate USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
BloFin USELESS-USDT
Hyperliquid USELESS
Injective USELESS/USDC PERP