Funding you earn now, next payment 06:00 UTC+0.0478%/8h= +52.3% APRpaid last 24h +0.009%
Price spread now: Variational Omni against tradeXYZ+0.141%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)−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.141%, 7d avg +0.058%
=Together, before fees−0.001%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Variational Omni is 0.083% dearer against tradeXYZ than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.058%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.014% in total (about -1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 573.92 | 0.0059 | pay 0.0007% / 1h | 47m 55s | $7.5M | $7.0M | 10x |
| Short | Variational Omni DELL | 574.73 | 0.0537 | get 0.0537% / 8h | 2h 47m | $262K | $61K | — |
tradeXYZ xyz:DELL
Variational Omni DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- $100.37
- Price spread: +0.141% → +0.058%
- $8.27
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $90.64
- Costs to cover
- 0.180%
- Break-even
- 0.7 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; 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 tradeXYZ live order book, 11 min ago | 0.87 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 3.06 bp | doesn't fit | 27.9 bp −$279 | doesn't fit | doesn't fit |
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 | 574.09 | +0.029% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 574.25 | +0.057% | $4.1M | $7.1M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 574.36 | +0.077% | $3.6M | $4.7M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 574.74 | +0.143% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.392% | $8K | $83K | 12x | as long as short |
| Polymarket Perps DELL-USD | +0.0051% | 1h | 574.33 | +0.071% | $7K | $54K | 10x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0059% | 1h | 573.92 | long leg | $7.5M | $7.0M | 10x | |
| KuCoin DELLUSDTM | +0.0100% | 8h | 573.76 | −0.028% | $940K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.06 | +0.199% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 574.23 | +0.054% | $17K | $58K | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
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 | +0.0115% | 8h | 574.27 | +0.061% | $6.1M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0311% | 8h | 574.35 | +0.075% | $5.8M | $6.7M | 20x | as long as short |
| GRVT DELL_USDT_Perp | +0.0527% | 8h | 574.74 | +0.143% | $1K | $151K | 10x | as long as short |
| Variational Omni DELLshort | +0.0537% | 8h | 574.73 | +0.141% | $262K | $61K | — | |
| Extended DELL-USD | +0.0624% | 1h | 574.22 | +0.053% | $333K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0624% | 8h | 574.28 | +0.063% | $18.5M | $66.3M | 20x | as long as short |
| BloFin DELL-USDT | +0.0654% | 8h | 574.44 | +0.091% | $322K | $231K | 20x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 574.63 | +0.124% | $3K | $260K | 10x | as long as short |
| edgeX DELLUSDC | +0.0800% | 4h | 574.00 | +0.014% | $5K | $333K | 10x | as long as short |
| Nado DELL-PERP | +0.0836% | 1h | 574.06 | +0.025% | $69K | $20K | 10x | as long as short |
Bybit DELLUSDT
OKX DELL-USDT-SWAP
GRVT DELL_USDT_Perp
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
Phoenix DELL
edgeX DELLUSDC
Nado DELL-PERP