Funding you earn now, next payment 08:00 UTC+0.0686%/8h= +75.1% APRnext payment +$6.86 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against Bitget+0.005%7-day average −0.009% · 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)+0.007%+$1 on $10k
+Price spread, last 7 days−0.067%−$7 · spread now +0.005%, 7d avg −0.009%
=Together, before fees−0.059%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 197.25 | −0.0686 | get 0.0686% / 8h | 4h 48m | $6.2M | $10.2M | 20x |
| Short | Variational Omni COIN | 197.26 | 0 | get 0.0000% / 8h | 4h 48m | $683K | $938K | — |
Bitget COINUSDT
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- $144.06
- Price spread: +0.005% → −0.009%
- $1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $133.54
- Costs to cover
- 0.120%
- Break-even
- 0.5 days
Slippage unknown: Bitget: live order book, 5 min ago; 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 Bitget live order book, 5 min ago | 1.52 bp | 10.3 bp −$10 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 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 COINUSDTlong | −0.0686% | 8h | 197.25 | long leg | $6.2M | $10.2M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.30 | +0.025% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0196% | 8h | 197.16 | −0.046% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0085% | 1h | 196.65 | −0.304% | — | $277K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.33 | +0.038% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.09 | −0.079% | $119K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.14 | −0.056% | $15.0M | $78.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.16 | −0.046% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.14 | −0.056% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 197.26 | +0.005% | $683K | $938K | — |
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 | 197.44 | +0.096% | $18K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.12 | −0.066% | $1.3M | $3.3M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.04 | −0.106% | $356K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.07 | −0.091% | $454K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.36 | +0.056% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.07 | −0.091% | $15.4M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.01 | −0.122% | $127K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.07 | −0.091% | $67 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.93 | −0.162% | $349K | $2.8M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.14 | −0.056% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.28 | +0.015% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.13 | −0.061% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.06 | −0.096% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.11 | −0.071% | $188K | $390K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.32 | +0.035% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0728% | 4h | 197.39 | +0.070% | $51K | $295K | 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
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC