VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0162%/8h= −17.8% APRpaid last 24h −0.009%

Price spread now: Variational Omni against Polymarket Perps−1.141%7-day average −0.052% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)+0.934%+$93 · spread now −1.141%, 7d avg −0.052%

Together, before fees+0.946%+ Points / potential airdropVariational Omni: Active · farm board+$95 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 1.089% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$109 if the spread goes back to its 7-day average of −0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VIRTUAL-USD	0.7179	0.0100	pay 0.0013% / 1h	23m 15s	$47K	$1.0M	5x
Short	Variational Omni VIRTUAL	0.7097	−0.0062	pay 0.0031% / 4h	3h 23m	$532K	$753K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −1.141%Rate

Funding earned: −$34.11
Price spread: −1.141% → −0.052%: −$108.87
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$150.98
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 40 min ago; Variational Omni: RFQ quote, 11 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 Polymarket Perps live order book, 40 min ago	2.80 bp	6.9 bp −$7	7.4 bp −$74	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 11 min ago	4.20 bp	doesn't fit	18.2 bp −$182	doesn't fit	doesn't fit

VIRTUAL on 33 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
Kraken Futures PF_VIRTUALUSD	−0.0224%	1h	0.7190	+0.159%	$517K	$739K	50x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7180	+0.019%	$24	—	10x	as long as short
Lighter VIRTUAL	−0.0072%	1h	0.7183	+0.049%	$325K	$402K	5x	as long as short
Variational Omni VIRTUALshort	−0.0062%	4h	0.7097	−1.141%	$532K	$753K	—
Phoenix VIRTUAL	−0.0034%	1h	0.7122	−0.794%	$11K	$36K	5x	as long as short
SoDEX VIRTUAL-USD	−0.0011%	1h	0.7187	+0.104%	$1K	$9K	5x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0006%	1h	0.7185	+0.085%	$22K	—	150x	as long as short
Bybit VIRTUALUSDT	+0.0009%	4h	0.7187	+0.111%	$16.4M	$18.8M	50x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.864%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0073%	4h	0.7186	+0.098%	$15K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VIRTUALUSDT	+0.0100%	4h	0.7186	+0.094%	$93K	$303K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7170	−0.127%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7186	+0.098%	$16.0M	$41.7M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7190	+0.153%	$2.9M	$10.2M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7176	−0.042%	$1.5M	$3.2M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7188	+0.125%	$15.4M	$5.2M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7190	+0.153%	$3.3M	$4.5M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7189	+0.139%	$6.1M	$5.7M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7187	+0.111%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7193	+0.195%	$240K	$176K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7117	−0.858%	$19K	$257K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7121	−0.806%	$636K	$1.2M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7107	−1.003%	$40K	$234K	50x	as long as short
Polymarket Perps VIRTUAL-USDlong	+0.0100%	1h	0.7179	long leg	$47K	$1.0M	5x
SunX VIRTUAL-USDT	+0.0100%	4h	0.7186	+0.098%	$1K	$1.3M	20x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7184	+0.070%	$54K	$308K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7185	+0.090%	$18K	—	3x	as long as short
Hyperliquid VIRTUAL	+0.0155%	1h	0.7193	+0.192%	$8.9M	$3.8M	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	+0.0168%	1h	0.7188	+0.125%	$15K	$40K	10x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0313% / S −0.0258%	1h	0.7189	+0.136%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7186	+0.098%	$784K	$1.0M	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0512%	1h	0.7192	+0.181%	$200K	$101K	50x	as long as short
01 Exchange VIRTUALUSD	+0.6248%	1h	0.7308	+1.797%	$2K	$106	10x	as long as short