Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG186.6500.0000% / 8h2h 27m$962K$1.2M20xLong Variational Omni+15% pts
SHORT186.77+0.0240get 0.0030% / 1h27m 28s$390K$267K20xShort Popdex
Price gap+0.065%
Funding gap+0.0240% /8h

Both sides work: funding pays +$7 a day on $10k, and the gap is 0.032% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$2+0.0240% /8h now · paid +0.016% over the last 7D
Price+$3spread +0.065% now, avg +0.033% → +0.032% if it goes back
Costs−$460.460% of $10k · taker + slippage, in and out
Result−$41−0.41%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.016% in total, about +0.0008%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.065%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

COIN on 28 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size16.4 / 8.3 bp
    At $10k entering Variational Omni costs 16.4 bp, fee and slippage, 2.0× Popdex’s.
  • Note: Margin at max leverage$500 + $500
    Variational Omni 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$7.20Long Variational Omni: 3 payments, $0.00; short Popdex: 24 payments, +$7.20.
  • OK: Entry gap works for you+0.065% vs +0.033%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$390K vs $962K OI
    Popdex sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0008%/8h × 21 periods+$1.70
Price spread+0.065% → +0.033% (7d avg)+$3.22
Slippage, 4 orderslive order books−$39.59
Fee Variational Omni bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k−$41.06
Costs to cover0.460%Break-even175.9 days
Slippage: Variational Omni: RFQ quote, 3 min ago; Popdex: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni2.9216.4 bp−$1627.7 bp−$277doesn’t fitdoesn’t fit
SELL · SHORTPopdex0.548.3 bp−$827.8 bp−$278doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →
09-25 00:50InjectiveTokenThe Injective Stockdrop officially starts next week. Anyone who participated in the $INJ BuyBack yesterday will be eligible to earn a stock token on Robinhood Chain. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market COIN/USD ($COIN) seen by our collector
09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗