Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2486+0.0100pay 0.0050% / 4h3h 33m$103K$31K50xLong Variational Omni+15% pts
SHORT0.2488+0.0100get 0.0050% / 4h3h 33m$1.7M$1.8M50xShort Phemex
Price gap+0.088%
Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is at its 7d average: nothing to capture right now.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$240.0000% /8h now · paid +0.236% over the last 7D
Price−$1spread +0.088% now, avg +0.099% → −0.011% if it goes back
Costs−$1291.293% of $10k · taker + slippage, in and out
Result−$107−1.07%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Phemex price against Variational Omninow
RANGE STATS · 7D
Now+0.088%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

WIF on 32 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size20.3 / 45.1 bp
    At $10k entering Phemex costs 45.1 bp, fee and slippage, 2.2× Variational Omni’s.
  • Note: Margin at max leverage$200 + $200
    Variational Omni 50x, Phemex 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short Phemex: 6 payments, +$3.00.
  • Note: Gap at its usual level+0.088% vs +0.099%
    The price leg adds little either way.
  • Watch: Long leg is thinner$103K vs $1.7M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · Phemex Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0113%/8h × 21 periods+$23.64
Price spread+0.088% → +0.099% (7d avg)−$1.08
Slippage, 4 orderslive order books−$117.34
Fee Variational Omni bp × 2 orders$0.00
Fee Phemex bp × 2 orders−$12.00
Net · 7 days · $10k−$106.79
Costs to cover1.293%Break-even38.6 days
Slippage: Variational Omni: RFQ quote, 40 min ago; Phemex: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni6.0820.3 bp−$2030.4 bp−$304doesn’t fitdoesn’t fit
SELL · SHORTPhemex12.0645.1 bp−$45doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

WIF news

posts that mention WIF, from every exchangeSearch all news →
09-30 01:05ReyaListingWIFRUSDPERP no longer reported ($WIF) seen by our collector
09-23 12:07PhemexListing🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗
09-23 09:31PhemexListingnew market WIFUSDT ($WIF) seen by our collector
09-22 07:03ApeX OmniOther59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗