Funding you earn now, next payment 05:00 UTC+0.0577%/8h= +63.2% APRpaid last 24h +0.014%
Price spread now: Variational Omni against Lighter+0.024%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Variational Omni is 0.024% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter DELL | 576.86 | 0.0032 | pay 0.0004% / 1h | 51m 10s | $34K | $13K | 10x |
| Short | Variational Omni DELL | 577.00 | 0.0609 | get 0.0609% / 8h | 3h 51m | $263K | $87K | — |
Lighter DELL
Variational Omni DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $121.23
- Price spread: +0.024% → 0.000%
- $2.41
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $123.64
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Variational Omni: RFQ quote, 3 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 3.23 bp | doesn't fit | 32.0 bp −$320 | doesn't fit | doesn't fit |
Lighter: 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.
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 576.16 | −0.121% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 576.44 | −0.073% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 576.45 | −0.071% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELLlong | +0.0032% | 1h | 576.86 | long leg | $34K | $13K | 10x | |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.900% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.05 | −0.140% | $7.6M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 576.28 | −0.101% | $7K | $54K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.11 | −0.130% | $943K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.16 | +0.052% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.39 | −0.081% | $18K | $59K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DELLUSDT | +0.0199% | 8h | 576.32 | −0.094% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0415% | 8h | 576.64 | −0.038% | $5.9M | $6.6M | 20x | as long as short |
| edgeX DELLUSDC | +0.0490% | 4h | 577.10 | +0.041% | $5K | $333K | 10x | as long as short |
| Variational Omni DELLshort | +0.0609% | 8h | 577.00 | +0.024% | $263K | $87K | — | |
| GRVT DELL_USDT_Perp | +0.0632% | 8h | 577.25 | +0.067% | $808 | $152K | 10x | as long as short |
| BloFin DELL-USDT | +0.0672% | 8h | 576.56 | −0.052% | $323K | $220K | 20x | as long as short |
| Binance DELLUSDT | +0.0701% | 8h | 576.47 | −0.068% | $18.5M | $65.9M | 20x | as long as short |
| Extended DELL-USD | +0.0704% | 1h | 576.40 | −0.080% | $334K | $1.2M | 10x | as long as short |
| Nado DELL-PERP | +0.0793% | 1h | 576.16 | −0.121% | $69K | $18K | 10x | as long as short |
| Phoenix DELL | +0.1040% | 1h | 577.09 | +0.040% | $3K | $260K | 10x | as long as short |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
edgeX DELLUSDC
GRVT DELL_USDT_Perp
BloFin DELL-USDT
Binance DELLUSDT
Extended DELL-USD
Nado DELL-PERP
Phoenix DELL