Funding you earn now, next payment 01:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.041%
Price spread now: Variational Omni against GMX−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.110% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX WLFI/USD [ETH-USDC] | 0.05764 | L +0.0252% / S −0.0496% | pay 0.0032% / 1h | 10m 40s | $3K | — | 100x |
| Short | Variational Omni WLFI | 0.05758 | 0.0100 | get 0.0050% / 4h | 3h 10m | $443K | $34K | — |
GMX WLFI/USD [ETH-USDC]
Variational Omni WLFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- −$31.92
- Price spread: −0.110% → 0.000%
- −$11.02
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54.94
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 63 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 63 min ago | 4.38 bp | doesn't fit | 30.6 bp −$306 | doesn't fit | doesn't fit |
GMX: 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.
WLFI on 32 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_WLFIUSD | −0.0109% | 1h | 0.05766 | +0.038% | $73K | $49K | 20x | as long as short |
| Lighter WLFI | −0.0008% | 1h | 0.05760 | −0.068% | $994K | $400K | 5x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05760 | −0.076% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06045 | +4.885% | — | — | — | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05764 | +0.007% | $315 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.831% | $6K | $77K | 5.5x | as long as short |
| Aster WLFIUSDT | +0.0084% | 4h | 0.05761 | −0.044% | $1.6M | $589K | 20x | as long as short |
| Paradex WLFI-USD-PERP | +0.0090% | 8h | 0.05763 | −0.014% | $2K | $118 | 5x | as long as short |
| Deribit WLFI_USDC-PERPETUAL | +0.0097% | 1h | 0.05769 | +0.088% | $524 | $11K | 10x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05762 | −0.024% | $80K | $24K | 5x | as long as short |
Kraken Futures PF_WLFIUSD
Lighter WLFI
dYdX WLFI-USD
Reya WLFIRUSDPERP
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Aster WLFIUSDT
Paradex WLFI-USD-PERP
Deribit WLFI_USDC-PERPETUAL
Nado WLFI-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid WLFI | +0.0100% | 1h | 0.05765 | +0.026% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05763 | −0.007% | $247K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05769 | +0.088% | $138.2M | $39.5M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05762 | −0.033% | $21.0M | $17.4M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05763 | −0.016% | $7.6M | $12.7M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05769 | +0.082% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05765 | +0.019% | $3.5M | $2.8M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05768 | +0.071% | $14.6M | $21.5M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05766 | +0.036% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05763 | −0.016% | $8.0M | $3.1M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05761 | −0.050% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05765 | +0.019% | $240K | $27K | 10x | as long as short |
| Variational Omni WLFIshort | +0.0100% | 4h | 0.05758 | −0.110% | $443K | $34K | — | |
| GRVT WLFI_USDT_Perp | +0.0100% | 4h | 0.05763 | −0.020% | $277K | $1.8M | 10x | as long as short |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05760 | −0.068% | $33K | $41K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05770 | +0.106% | $38K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05765 | +0.019% | $116 | $6K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05763 | −0.012% | $133K | $506K | 10x | as long as short |
| 01 Exchange WLFIUSD | +0.0128% | 1h | 0.05767 | +0.054% | $4K | $319 | 3x | as long as short |
| Coinbase International WLFI-PERP-INTX | +0.0232% | 1h | 0.05737 | −0.467% | $32K | $16K | 50x | as long as short |
| GMX WLFI/USD [ETH-USDC]long | L +0.0252% / S −0.0496% | 1h | 0.05764 | long leg | $3K | — | 100x | |
| BloFin WLFI-USDT | +0.0340% | 4h | 0.05763 | −0.016% | $4.7M | $79K | 75x | as long as short |
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Arcus WLFI-USD
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
GRVT WLFI_USDT_Perp
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
01 Exchange WLFIUSD
Coinbase International WLFI-PERP-INTX
BloFin WLFI-USDT