Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Variational Omni against ApeX Omni+0.032%103s7-day average +0.015% · 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)−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.032%, 7d avg +0.015%
=Together, before fees−0.178%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 197.05 | 0.0100 | pay 0.0013% / 1h | 23m 51s | $89K | $287K | 50x |
| Short | Variational Omni COIN | 197.11 | 0 | get 0.0000% / 8h | 4h 23m | $680K | $935K | — |
ApeX Omni COINUSDT
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against ApeX Omni. 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
- Price spread: +0.032% → +0.015%
- $1.71
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$29.29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 33 min ago; Variational Omni: RFQ quote, 25 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 ApeX Omni live order book, 33 min ago | 2.79 bp | 8.2 bp −$8 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 25 min ago | 2.87 bp | doesn't fit | 22.8 bp −$228 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0762% | 8h | 197.22 | +0.086% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.08 | +0.015% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0215% | 8h | 197.13 | +0.041% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0096% | 1h | 196.58 | −0.239% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.27 | +0.109% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.10 | +0.025% | $118K | $694K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.15 | +0.051% | $14.9M | $79.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.13 | +0.041% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.16 | +0.056% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 197.11 | +0.032% | $680K | $935K | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.07 | +0.010% | $16K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.10 | +0.025% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.10 | +0.025% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.10 | +0.025% | $448K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.22 | +0.086% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.07 | +0.010% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.02 | −0.015% | $135K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.10 | +0.025% | $55 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.96 | −0.046% | $349K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.05 | 0.000% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 197.05 | long leg | $89K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.08 | +0.015% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.07 | +0.013% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.16 | +0.056% | $188K | $391K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.10 | +0.025% | $4K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0141% | 4h | 197.05 | +0.001% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC