W

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.030%

Price spread now: Variational Omni against OKX−0.282%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.282% cheaper against OKX than usual: you would sell low and buy high (spread −0.282% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 12 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX W-USDT-SWAP	0.01171	0.0024	pay 0.0012% / 4h	2h 54m	$1.3M	$2.2M	20x
Short	Variational Omni W	0.01168	0.0100	get 0.0050% / 4h	2h 54m	$71K	$42K	—

Funding 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 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 OKXbpFee Variational OmnibpOrdersPrice spread, now −0.282%Rate

Funding earned: $15.92
Price spread: −0.282% → 0.000%: −$28.23
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$22.31
Costs to cover: 0.100%
Break-even: 16.8 days

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	3.85 bp	28.8 bp −$29	doesn't fit	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	−0.0347%	1h	0.01173	+0.145%	$17K	$790	10x	as long as short
OKX W-USDT-SWAPlong	+0.0024%	4h	0.01171	long leg	$1.3M	$2.2M	20x
Injective W/USDC PERP	+0.0033%	1h	0.01209	+3.245%	$1K	$1K	12x	as long as short
Hyperliquid W	+0.0100%	1h	0.01172	+0.085%	$2.0M	$465K	5x	as long as short
Binance WUSDT	+0.0100%	4h	0.01172	+0.068%	$2.9M	$7.7M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	0.01171	−0.034%	$4.1M	$2.1M	50x	as long as short
Gate W_USDT	+0.0100%	4h	0.01170	−0.085%	$443K	$300K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	0.01172	+0.060%	$12.8M	$1.7M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	0.01171	0.000%	$420K	$231K	50x	as long as short
Bitget WUSDT	+0.0100%	4h	0.01174	+0.256%	$1.3M	$555K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX W-USDT	+0.0100%	4h	0.01171	0.000%	—	$6.9M	—	as long as short
Backpack W_USDC_PERP	+0.0100%	1h	0.01178	+0.564%	$44K	$47K	15x	as long as short
Variational Omni Wshort	+0.0100%	4h	0.01168	−0.282%	$71K	$42K	—
GRVT W_USDT_Perp	+0.0100%	4h	0.01170	−0.112%	$132K	$412K	10x	as long as short
Extended W-USD	+0.0104%	1h	0.01171	+0.032%	$59K	$276K	5x	as long as short
Coinbase International W-PERP-INTX	+0.0296%	1h	0.01179	+0.649%	$14K	$18K	50x	as long as short
Kraken Futures PF_WUSD	+0.0620%	1h	0.01175	+0.320%	$146K	$186K	20x	as long as short