Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.013%
Price spread now: Variational Omni against Aevo−0.122%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 −$3 a day on $10k at the current rate, and Variational Omni is 0.122% cheaper against Aevo than usual: you would sell low and buy high (−$12 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 | Aevo COIN-PERP | 202.29 | 0.0104 | pay 0.0013% / 1h | 56m 48s | $119 | — | 10x |
| Short | Variational Omni COIN | 202.04 | 0 | get 0.0000% / 8h | 7h 56m | $840K | $1.1M | — |
Aevo COIN-PERP
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- −$21.84
- Price spread: −0.122% → 0.000%
- −$12.17
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$50.01
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 2 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 3.88 bp | doesn't fit | 22.0 bp −$220 | doesn't fit | doesn't fit |
Aevo: 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.
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 202.21 | −0.039% | $45K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.51 | +0.111% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 202.39 | +0.049% | $119K | $444K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.41 | +0.061% | $15.8M | $76.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.54 | +0.124% | $5.1M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.46 | +0.085% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 202.39 | +0.050% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 202.47 | +0.090% | $6.9M | $9.7M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 202.04 | −0.122% | $840K | $1.1M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.07 | −0.108% | $22K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 202.20 | −0.044% | $1.4M | $4.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.28 | −0.004% | $16K | $54K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 202.13 | −0.079% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 202.11 | −0.088% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 202.28 | −0.004% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 202.06 | −0.113% | $360K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.37 | +0.040% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.00 | −0.143% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 202.31 | +0.010% | $585 | $4K | 10x | as long as short |
| Aevo COIN-PERPlong | +0.0104% | 1h | 202.29 | long leg | $119 | — | 10x | |
| BloFin COIN-USDT | +0.0120% | 8h | 202.48 | +0.094% | $200K | $343K | 20x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 202.36 | +0.035% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0348% | 4h | 202.25 | −0.019% | $52K | $292K | 10x | as long as short |
| Lighter RH COIN | +0.0408% | 1h | 202.51 | +0.109% | $436K | $1.5M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0476% | 1h | 202.29 | +0.001% | $16.6M | $13.1M | 10x | as long as short |
| Lighter COIN | +0.0648% | 1h | 202.43 | +0.070% | $378K | $1.8M | 10x | as long as short |
QFEX COIN-USD
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC
Lighter RH COIN
tradeXYZ xyz:COIN
Lighter COIN