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 SoDEX+0.044%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Variational Omni is 0.044% dearer against SoDEX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX COIN-USD | 195.45 | 0.0050 | pay 0.0006% / 1h | 15m 57s | $87 | $3K | 10x |
| Short | Variational Omni COIN | 195.54 | 0 | get 0.0000% / 8h | 15m 57s | $711K | $972K | — |
SoDEX COIN-USD
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SoDEX. 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: +0.044% → 0.000%
- $4.39
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$14.11
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 13 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 13 min ago | 2.86 bp | doesn't fit | 13.1 bp −$131 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 195.61 | +0.082% | $43K | $48K | 30x | as long as short |
| Bitget COINUSDT | −0.0342% | 8h | 195.66 | +0.107% | $6.3M | $10.5M | 20x | as long as short |
| Vest COIN-USD-PERP | −0.0043% | 1h | 194.95 | −0.256% | — | $326K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.34 | −0.056% | $341K | $890K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.50 | +0.026% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.50 | +0.026% | $3.0M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 195.45 | 0.000% | $1.2M | $7.4M | 50x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 195.54 | +0.044% | $711K | $972K | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.76 | +0.159% | $15K | $2.8M | 10x | as long as short |
| Binance COINUSDT | +0.0013% | 8h | 195.49 | +0.022% | $15.0M | $82.2M | 20x | as long as short |
Injective COIN/USDC PERP
Bitget COINUSDT
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
GRVT COIN_USDT_Perp
Binance COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended COIN_24_5-USD | +0.0016% | 1h | 195.46 | +0.005% | $104K | $860K | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.40 | −0.026% | $464K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.76 | +0.159% | $17K | $58K | 5x | as long as short |
| BloFin COIN-USDT | +0.0046% | 8h | 195.56 | +0.056% | $187K | $434K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 195.34 | −0.056% | $15.1M | $13.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.41 | −0.020% | $135K | $1.4M | 10x | as long as short |
| SoDEX COIN-USDlong | +0.0050% | 1h | 195.45 | long leg | $87 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.32 | −0.067% | $457K | $2.8M | 10x | as long as short |
| QFEX COIN-USD | +0.0065% | 1h | 195.46 | +0.005% | $1.3M | $2.9M | 10x | as long as short |
| Lighter COIN | +0.0088% | 1h | 195.40 | −0.028% | $364K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.34 | −0.056% | $984K | $141K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.52 | +0.036% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.49 | +0.020% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.46 | +0.006% | $115 | — | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.005% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0329% | 4h | 195.70 | +0.127% | $50K | $295K | 10x | as long as short |
Extended COIN_24_5-USD
Lighter RH COIN
Arcus COIN-USD
BloFin COIN-USDT
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
QFEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC