Funding you earn now, next payment 08:00 UTC+0.0078%/8h= +8.6% APRnext payment +$0.78 per $10,000 · paid last 24h −0.008%
Price spread now: MEXC against Variational Omni+0.088%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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and MEXC is 0.088% dearer against Variational Omni than usual: you sell high and buy low: +$9 more if the spread 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 | Variational Omni WAVES | 0.2825 | 0.0361 | pay 0.0361% / 8h | 3h 33m | $276 | $2K | — |
| Short | MEXC WAVES_USDT | 0.2827 | 0.0439 | get 0.0439% / 8h | 3h 33m | $473K | $129K | 20x |
Variational Omni WAVES
MEXC WAVES_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $16.41
- Price spread: +0.088% → 0.000%
- $8.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $21.24
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 11 min ago | 3.54 bp | 33.5 bp −$34 | 60.9 bp −$609 | 103.2 bp −$10.3K | doesn't fit |
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.
WAVES on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2827 | +0.088% | $361K | $35K | 20x | as long as short |
| Variational Omni WAVESlong | +0.0361% | 8h | 0.2825 | long leg | $276 | $2K | — | |
| BingX WAVES-USDT | +0.0397% | 8h | 0.2827 | +0.088% | — | $1.3M | — | as long as short |
| MEXC WAVES_USDTshort | +0.0439% | 8h | 0.2827 | +0.088% | $473K | $129K | 20x | |
| Bybit WAVESUSDT | +0.0450% | 8h | 0.2825 | +0.018% | $1.7M | $1.6M | 20x | as long as short |
| BloFin WAVES-USDT | +0.0458% | 8h | 0.2830 | +0.195% | $90K | $23K | 20x | as long as short |
KuCoin WAVESUSDTM
BingX WAVES-USDT
Bybit WAVESUSDT
BloFin WAVES-USDT