Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$1.62 per $10,000 · paid last 24h −0.013%
Price spread now: Phemex against Variational Omni−0.040%7-day average — · you buy dearer than you sell
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 airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Phemex is 0.040% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni DIS | 104.11 | 0 | get 0.0000% / 8h | 3h 29m | $14K | $53K | — |
| Short | Phemex DISUSDT | 104.07 | −0.0162 | pay 0.0162% / 8h | 3h 29m | $1.3M | $21K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Variational Omni. 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
- −$33.94
- Price spread: −0.040% → 0.000%
- −$4.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$49.96
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Phemex: live order book, 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.40 bp | 57.9 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
Variational Omni: 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.
DIS on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex DISUSDTshort | −0.0162% | 8h | 104.07 | −0.040% | $1.3M | $21K | 10x | |
| Aster DISUSDT | 0.0000% | 8h | 104.09 | −0.025% | $4K | $277 | 20x | as long as short |
| Binance DISUSDT | 0.0000% | 8h | 104.12 | +0.008% | $552K | $269K | 20x | as long as short |
| Gate DIS_USDT | 0.0000% | 8h | 104.05 | −0.059% | $364K | $1K | 20x | as long as short |
| Variational Omni DISlong | 0.0000% | 8h | 104.11 | long leg | $14K | $53K | — | |
| GRVT DIS_USDT_Perp | 0.0000% | 8h | 104.11 | −0.003% | $1K | $172K | 10x | as long as short |
| SunX DIS-USDT | 0.0000% | 8h | 104.12 | +0.008% | $1K | $766K | 10x | as long as short |
| HTX DIS-USDT | 0.0000% | 8h | 104.03 | −0.079% | $6K | $4K | 10x | as long as short |
| Injective DIS/USDC PERP | +0.0033% | 1h | 103.66 | −0.434% | $2K | $11K | 12x | as long as short |
| KuCoin DISUSDTM | +0.0100% | 8h | 103.55 | −0.540% | $270K | $731K | 20x | as long as short |
Variational Omni DIS
Phemex DISUSDT
Aster DISUSDT
Binance DISUSDT
Gate DIS_USDT
GRVT DIS_USDT_Perp
SunX DIS-USDT
HTX DIS-USDT
Injective DIS/USDC PERP
KuCoin DISUSDTM