Funding you earn now, next payment 03:00 UTC−0.0856%/8h= −93.8% APRpaid last 24h −0.123%
Price spread now: ApeX Omni against Variational Omni−0.043%7-day average −0.100% · 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)−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)+0.283%+$28 · spread now −0.043%, 7d avg −0.100%
=Together, before fees+0.056%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.057% dearer against Variational Omni than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.100%): +$6 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 3 days (−0.227% in total) that is about 21 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.227% in total (about -24.2% 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 | Variational Omni USELESS | 0.2742 | 0.0956 | pay 0.0478% / 4h | 1h 43m | $1.2M | $1.7M | — |
| Short | ApeX Omni USELESSUSDT | 0.2741 | 0.0100 | get 0.0013% / 1h | 43m 10s | $38K | $693K | 25x |
Variational Omni USELESS
ApeX Omni USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Variational Omni. 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
- −$179.84
- Price spread: −0.043% → −0.100%
- $5.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$184.11
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; ApeX Omni: live order book, 20 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 Variational Omni RFQ quote, 1 min ago | 5.45 bp | doesn't fit | 78.1 bp −$781 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 20 min ago | 7.11 bp | 15.4 bp −$15 | 109.9 bp −$1,099 | 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 | 0.2756 | +0.493% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2751 | +0.318% | $31K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2756 | +0.490% | $6.9M | $8.5M | 50x | as long as short |
| ApeX Omni USELESSUSDTshort | +0.0100% | 1h | 0.2741 | −0.043% | $38K | $693K | 25x | |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2753 | +0.384% | $33K | $210K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2756 | +0.515% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2749 | +0.238% | $18K | $506K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2752 | +0.366% | $604K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0136% | 4h | 0.2762 | +0.730% | $9.7M | $65.0M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0208% | 4h | 0.2756 | +0.501% | $5.1M | $10.4M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0224% | 1h | 0.2757 | +0.549% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDT | +0.0528% | 4h | 0.2760 | +0.661% | $5.3M | $9.9M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0567% | 4h | 0.2747 | +0.173% | $21K | $196K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0582% | 4h | 0.2755 | +0.479% | $10.8M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0600% | 1h | 0.2756 | +0.497% | $292K | $1.1M | 5x | as long as short |
| Binance USELESSUSDT | +0.0600% | 4h | 0.2760 | +0.635% | $23.4M | $118.0M | 50x | as long as short |
| Hyperliquid USELESS | +0.0773% | 1h | 0.2764 | +0.796% | $13.6M | $20.9M | 3x | as long as short |
| BingX USELESS-USDT | +0.0898% | 4h | 0.2763 | +0.760% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0907% | 4h | 0.2761 | +0.690% | $26.7M | $46.5M | 13x | as long as short |
| Variational Omni USELESSlong | +0.0956% | 4h | 0.2742 | long leg | $1.2M | $1.7M | — | |
| Aster USELESSUSDT | +0.1059% | 4h | 0.2756 | +0.490% | $587K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1183% | 4h | 0.2756 | +0.497% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1353% | 4h | 0.2757 | +0.526% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2909 | +6.095% | $5K | $9K | 5.5x | as long as short |
Aevo USELESS-PERP
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP