Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.076% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01165 | 0.0104 | pay 0.0013% / 1h | 40m 40s | $60K | $147K | 5x |
| Short | Variational Omni W | 0.01165 | 0.0100 | get 0.0050% / 4h | 2h 40m | $71K | $40K | — |
Extended W-USD
Variational Omni WFunding 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
- −$0.84
- Price spread: +0.076% → 0.000%
- $7.64
- 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
- $1.8
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 min ago; Variational Omni: no order-book sample. 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, 5 min ago | 2.13 bp | 91.1 bp −$91 | 396.0 bp −$3,960 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | 0.0000% | 1h | 0.01168 | +0.264% | $14K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.819% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01166 | +0.126% | $2.0M | $290K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01165 | +0.006% | $2.9M | $5.3M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01163 | −0.140% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01164 | −0.037% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01165 | +0.066% | $426K | $238K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01166 | +0.109% | $12.3M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01167 | +0.212% | $387K | $196K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01166 | +0.126% | $1.3M | $539K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01164 | −0.080% | — | $6.7M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01168 | +0.298% | $43K | $42K | 15x | as long as short |
| Variational Omni Wshort | +0.0100% | 4h | 0.01165 | +0.076% | $71K | $40K | — | |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01172 | +0.636% | $124K | $375K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01165 | long leg | $60K | $147K | 5x | |
| Coinbase International W-PERP-INTX | +0.0400% | 1h | 0.01178 | +1.114% | $14K | $13K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1747% | 1h | 0.01170 | +0.458% | $145K | $185K | 20x | as long as short |
BingX W-USDT
Backpack W_USDC_PERP
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD