Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.045%
Price spread now: Variational Omni against BloFin+0.010%7-day average 0.000% · 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)−0.104%−$10 on $10k
+Price spread, last 3 days (all we have)−0.105%−$10 · spread now +0.010%, 7d avg 0.000%
=Together, before fees−0.209%+ Points / potential airdropVariational Omni: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COIN-USDT | 201.95 | 0.0120 | pay 0.0120% / 8h | 1h 18m | $199K | $342K | 20x |
| Short | Variational Omni COIN | 201.97 | 0 | get 0.0000% / 8h | 1h 18m | $799K | $1.0M | — |
BloFin COIN-USDT
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$25.2
- Price spread: +0.010% → 0.000%
- $0.95
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.25
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 61 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 BloFin live order book, 61 min ago | 0.25 bp | 10.0 bp −$10 | 14.3 bp −$143 | 40.2 bp −$4,022 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.37 bp | doesn't fit | 21.7 bp −$217 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.27 | −0.337% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.94 | −0.003% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.90 | −0.023% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.92 | −0.013% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.98 | +0.015% | $5.0M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.94 | −0.005% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.92 | −0.015% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.90 | −0.025% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 201.97 | +0.010% | $799K | $1.0M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 202.00 | +0.027% | $19K | $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 | +0.0016% | 1h | 201.86 | −0.045% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.83 | −0.060% | $372K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.80 | −0.074% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.97 | +0.010% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.74 | −0.104% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.78 | −0.084% | $146K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.88 | −0.035% | $81 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.81 | −0.069% | $362K | $3.3M | 10x | as long as short |
| edgeX COINUSDC | +0.0067% | 4h | 201.98 | +0.016% | $52K | $293K | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0075% | 1h | 201.90 | −0.025% | $16.5M | $13.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.87 | −0.040% | $1.0M | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.83 | −0.059% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.92 | −0.015% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.90 | −0.022% | $119 | — | 10x | as long as short |
| BloFin COIN-USDTlong | +0.0120% | 8h | 201.95 | long leg | $199K | $342K | 20x | |
| Phoenix COIN | +0.0198% | 1h | 201.99 | +0.020% | $5K | $281K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
edgeX COINUSDC
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN