TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
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
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG384.90+0.0345pay 0.0345% / 8h2h 50m$113K$53K20xLong Variational Omni+15% pts
SHORT384.24+0.0435get 0.0435% / 8h2h 50m$4.9M$112K100xShort MEXC
Price gap−0.172%
Funding gap+0.0090% /8h

Funding pays +$3 a day on $10k, but the gap is 0.262% under its 7d average: −$26 if it goes back, about 9.7 days of funding. At the last 7 days' pace that is about 6 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$1+0.0090% /8h now · paid +0.010% over the last 7D
Price−$26spread −0.172% now, avg +0.090% → −0.262% if it goes back
Costs−$920.924% of $10k · taker + slippage, in and out
Result−$118−1.18%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.172%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

AMAT on 18 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size40.7 / 7.1 bp
    At $10k entering Variational Omni costs 40.7 bp, fee and slippage, 5.7× MEXC’s.
  • Note: Margin at max leverage$500 + $100
    Variational Omni 20x, MEXC 100x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$2.71Long Variational Omni: 3 payments, −$10.34; short MEXC: 3 payments, +$13.05.
  • Watch: Gap narrower than usual−0.172% vs +0.090%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$113K vs $4.9M 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 · MEXC Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0005%/8h × 21 periods+$1.00
Price spread−0.172% → +0.090% (7d avg)−$26.16
Slippage, 4 orderslive order books−$88.35
Fee Variational Omni bp × 2 orders$0.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$117.52
Costs to cover0.924%Break-even827.7 days
Slippage: Variational Omni: RFQ quote, 63 min ago; MEXC: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni3.6940.7 bp−$4172.6 bp−$726doesn’t fitdoesn’t fit
SELL · SHORTMEXC1.827.1 bp−$7123.5 bp−$1,235208.9 bp−$20.9Kdoesn’t fit

Closing costs about the same again.

Alert

AMAT news

posts that mention AMAT, from every exchangeSearch all news →
10-14 16:12PhoenixOtherASML says its supply won't fully meet demand in 2027 and 2028. $ASML on Phoenix is flat over the last 24 hours, while $TSM, $NVDA, $MU and $AMAT are down 1.3–2.9%. @PhoenixTrade on X ↗
10-14 09:00MEXCOtherIndexes looked calm. The chip trade didn’t. 👀 🔻 $AMAT -6.7% 🔻 $MU -3.6% 🔻 Nasdaq -0.15% Just a chip pullback, or is risk appetite starting to crack? 👇 @MEXC on X ↗
10-01 15:30Vest MarketsOtherOptical and foundry names are leading the tape, with $LITE up around 10% and $TSEM around 8%. $TSEM joined the PHLX Semiconductor Sector Index, while Bernstein started $LITE at Outperform with a $1,220 target. $LITE revenue more than doubled to $1.01B. Equipment names are also higher, with $AMAT up around 3%, $GLW around 3% and $CRDO around 5%. @VestExchange on X ↗