Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.013%
Price spread now: Variational Omni against Polymarket Perps+0.161%7-day average +0.058% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.088%−$9 on $10k
+Price spread, last 7 days−0.017%−$2 · spread now +0.161%, 7d avg +0.058%
=Together, before fees−0.105%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.104% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of +0.058%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps COIN-USD | 196.12 | 0.0050 | pay 0.0006% / 1h | 38m 50s | $134K | $1.4M | 10x |
| Short | Variational Omni COIN | 196.44 | 0 | get 0.0000% / 8h | 38m 50s | $714K | $974K | — |
Polymarket Perps COIN-USD
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Polymarket Perps. 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
- −$10.5
- Price spread: +0.161% → +0.058%
- $10.4
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.1
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Polymarket Perps: live order book, 4 min ago; Variational Omni: RFQ quote, 55 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 Polymarket Perps live order book, 4 min ago | 2.04 bp | 6.0 bp −$6 | 6.6 bp −$66 | 9.0 bp −$896 | doesn't fit |
| Sell Variational Omni RFQ quote, 55 min ago | 2.87 bp | doesn't fit | 12.4 bp −$124 | 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 | 196.41 | +0.148% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0366% | 8h | 196.36 | +0.122% | $6.4M | $10.6M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0053% | 1h | 195.88 | −0.122% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.17 | +0.027% | $342K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.19 | +0.036% | $106K | $861K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.25 | +0.064% | $15.0M | $82.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.19 | +0.036% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.21 | +0.046% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 196.21 | +0.046% | $1.2M | $7.3M | 50x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 196.44 | +0.161% | $714K | $974K | — |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.45 | +0.169% | $22K | $2.8M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 196.19 | +0.033% | $363K | $2.3M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.17 | +0.025% | $463K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.50 | +0.194% | $17K | $58K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.09 | −0.015% | $15.2M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 196.12 | long leg | $134K | $1.4M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 196.22 | +0.051% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.18 | +0.031% | $446K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 196.13 | +0.005% | $1.3M | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.99 | −0.066% | $988K | $136K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.32 | +0.102% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.23 | +0.056% | $567 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.19 | +0.036% | $116 | — | 10x | as long as short |
| edgeX COINUSDC | +0.0104% | 4h | 196.45 | +0.168% | $51K | $294K | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.25 | +0.066% | $187K | $436K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 196.40 | +0.143% | $4K | $283K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
SoDEX COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
edgeX COINUSDC
BloFin COIN-USDT
Phoenix COIN