COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.057%

Price spread now: Variational Omni against Gate+0.093%7-day average −0.013% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.040%−$4 on $10k

Price spread, last 7 days−0.147%−$15 · spread now +0.093%, 7d avg −0.013%

Together, before fees−0.187%+ Points / potential airdropVariational Omni: Active · farm board−$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.105% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.013%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate COIN_USDT	195.27	−0.0003	get 0.0003% / 8h	1h 36m	$1.2M	$7.4M	50x
Short	Variational Omni COIN	195.45	0	get 0.0000% / 8h	1h 36m	$708K	$959K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee Variational OmnibpOrdersPrice spread, now +0.093%Rate

Funding earned: $0.63
Price spread: +0.093% → −0.013%: $10.52
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$3.85
Costs to cover: 0.150%
Break-even: 49.8 days

Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 63 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 Gate live order book, 2 min ago	4.86 bp	14.8 bp −$15	127.5 bp −$1,275	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 63 min ago	2.89 bp	doesn't fit	24.1 bp −$241	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	−0.0711%	8h	195.51	+0.123%	$6.3M	$10.6M	20x	as long as short
Injective COIN/USDC PERP	−0.0440%	1h	195.28	+0.005%	$43K	$48K	30x	as long as short
Vest COIN-USD-PERP	−0.0104%	1h	194.59	−0.348%	—	$289K	25x	as long as short
Gate COIN_USDTlong	−0.0003%	8h	195.27	long leg	$1.2M	$7.4M	50x
Aster COINUSDT	0.0000%	8h	195.36	+0.046%	$341K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.20	−0.035%	$112K	$795K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.22	−0.025%	$15.0M	$82.3M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.22	−0.026%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.28	+0.005%	$3.0M	$4.7M	20x	as long as short
Variational Omni COINshort	0.0000%	8h	195.45	+0.093%	$708K	$959K	—

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.58	+0.159%	$16K	$2.7M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.21	−0.031%	$459K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	195.47	+0.102%	$15K	$54K	5x	as long as short
QFEX COIN-USD	+0.0045%	1h	195.19	−0.041%	$1.3M	$3.0M	10x	as long as short
Polymarket Perps COIN-USD	+0.0050%	1h	195.12	−0.077%	$129K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.32	+0.026%	$81	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.06	−0.108%	$445K	$2.8M	10x	as long as short
tradeXYZ xyz:COIN	+0.0063%	1h	195.10	−0.087%	$15.1M	$13.2M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.15	−0.061%	$983K	$136K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.32	+0.026%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.21	−0.031%	$565	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.32	+0.025%	$115	—	10x	as long as short
Lighter COIN	+0.0120%	1h	195.23	−0.022%	$361K	$2.3M	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	195.35	+0.041%	$187K	$423K	20x	as long as short
Phoenix COIN	+0.0163%	1h	195.22	−0.026%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0798%	4h	195.27	−0.002%	$50K	$295K	10x	as long as short