Funding you earn now, next payment 02:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.030%
Price spread now: Variational Omni against Hotstuff+0.046%7-day average — · you sell dearer than you buy
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 airdropHotstuff: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.046% dearer against Hotstuff than usual: you sell high and buy low: +$5 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 | Hotstuff AAPL-PERP | 338.91 | −0.0016 | get 0.0002% / 1h | 28m 04s | $36K | — | 20x |
| Short | Variational Omni AAPL | 339.06 | 0.0022 | get 0.0022% / 8h | 6h 28m | $2.4M | $1.4M | — |
Hotstuff AAPL-PERP
Variational Omni AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hotstuff. 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
- $8.07
- Price spread: +0.046% → 0.000%
- $4.57
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $7.64
- Costs to cover
- 0.050%
- Break-even
- 0.4 days
Slippage unknown: Hotstuff: no order-book sample; Variational Omni: RFQ quote, 1 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.04 bp | doesn't fit | 7.6 bp −$76 | doesn't fit | doesn't fit |
Hotstuff: 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.
AAPL 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0806% | 4h | 339.02 | +0.034% | $81K | $327K | 20x | as long as short |
| Nado AAPL-PERP | −0.0067% | 1h | 338.84 | −0.021% | $555K | $38K | 20x | as long as short |
| Hotstuff AAPL-PERPlong | −0.0016% | 1h | 338.91 | long leg | $36K | — | 20x | |
| Aster AAPLUSDT | 0.0000% | 8h | 338.97 | +0.018% | $122K | $291K | 20x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.09 | +0.053% | $6.0M | $39.1M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.05 | +0.041% | $6.3M | $6.7M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 338.83 | −0.024% | $3.0M | $4.2M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.02 | +0.032% | $6.2M | $3.5M | 100x | as long as short |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.03 | +0.034% | $17K | $433K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.04 | +0.038% | $732 | $4.7M | 20x | as long as short |
edgeX AAPLUSDC
Nado AAPL-PERP
Aster AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
GRVT AAPL_USDT_Perp
SunX AAPL-USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX AAPL-USDT | 0.0000% | 8h | 339.12 | +0.062% | $52K | $224K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.07 | +0.047% | $2.1M | $6K | 10x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | +0.0016% | 1h | 338.87 | −0.012% | $28K | $67K | 10x | as long as short |
| Variational Omni AAPLshort | +0.0022% | 8h | 339.06 | +0.046% | $2.4M | $1.4M | — | |
| QFEX AAPL-USD | +0.0028% | 1h | 338.98 | +0.021% | $3.2M | $4.9M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 338.84 | −0.020% | $742K | $2.3M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 338.90 | −0.003% | $951K | $3.5M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 338.95 | +0.012% | $270K | $70K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 338.85 | −0.018% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 338.74 | −0.050% | $262K | $395K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 338.92 | +0.003% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 338.82 | −0.027% | $1.4M | $2.5M | 20x | as long as short |
| Binance AAPLUSDT | +0.0052% | 8h | 339.07 | +0.047% | $22.2M | $66.8M | 25x | as long as short |
| Extended AAPL_24_5-USD | +0.0056% | 1h | 338.97 | +0.018% | $284K | $2.0M | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0069% | 1h | 338.97 | +0.018% | $40.8M | $75.8M | 20x | as long as short |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 338.77 | −0.041% | $1.4M | $27K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 338.96 | +0.015% | $947K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 338.87 | −0.012% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 338.90 | −0.003% | $11K | — | 10x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0136% | 1h | 338.51 | −0.118% | $655K | $665K | 10x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 338.82 | −0.027% | $191K | $44K | 30x | as long as short |
| Phoenix AAPL | +0.0236% | 1h | 339.10 | +0.056% | $5K | $11K | 20x | as long as short |
HTX AAPL-USDT
Phemex AAPLUSDT
Deribit AAPL_USDC-PERPETUAL
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
Binance AAPLUSDT
Extended AAPL_24_5-USD
tradeXYZ xyz:AAPL
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Coinbase International AAPL-PERP-INTX
Injective AAPL/USDC PERP
Phoenix AAPL