Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.005%
Price spread now: Variational Omni against Vest+0.109%7-day average −0.142% · 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)−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.109%, 7d avg −0.142%
=Together, before fees−0.243%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.251% dearer against Vest than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of −0.142%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 201.44 | 0.0046 | pay 0.0006% / 1h | 13m 16s | — | $513K | 25x |
| Short | Variational Omni COIN | 201.66 | 0 | get 0.0000% / 8h | 1h 13m | $798K | $1.0M | — |
Vest COIN-USD-PERP
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Vest. 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
- −$9.59
- Price spread: +0.109% → −0.142%
- $25.14
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $13.54
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.85 bp | doesn't fit | 21.3 bp −$213 | doesn't fit | doesn't fit |
Vest: 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 | 201.27 | −0.084% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.69 | +0.124% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.54 | +0.050% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.58 | +0.070% | $15.6M | $76.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.56 | +0.060% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.58 | +0.069% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.56 | +0.060% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.58 | +0.069% | $6.9M | $9.9M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 201.66 | +0.109% | $798K | $1.0M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.69 | +0.127% | $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 | 201.59 | +0.074% | $1.4M | $3.9M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 201.52 | +0.041% | $371K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.56 | +0.060% | $433K | $1.8M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.71 | +0.134% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERPlong | +0.0046% | 1h | 201.44 | long leg | — | $513K | 25x | |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.49 | +0.025% | $146K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.51 | +0.035% | $90 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.36 | −0.040% | $361K | $3.3M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0093% | 1h | 201.54 | +0.050% | $16.5M | $13.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.68 | +0.119% | $1.0M | $144K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.58 | +0.069% | $91K | $346K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.62 | +0.089% | $583 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.55 | +0.054% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.55 | +0.055% | $199K | $341K | 20x | as long as short |
| Phoenix COIN | +0.0198% | 1h | 201.71 | +0.134% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0394% | 4h | 201.73 | +0.145% | $52K | $294K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC