Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h +0.010%
Price spread now: Binance against Variational Omni+0.055%7-day average +0.065% · 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)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+1.202%+$120 · spread now +0.055%, 7d avg +0.065%
=Together, before fees+1.221%+ Points / potential airdropVariational Omni: Active · farm board+$122 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FWDI | 8.0756 | −0.0335 | get 0.0335% / 8h | 3h 29m | $114K | $121K | — |
| Short | Binance FWDIUSDT | 8.0800 | −0.0366 | pay 0.0366% / 8h | 3h 29m | $456K | $1.8M | 10x |
Variational Omni FWDI
Binance FWDIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$6.43
- Price spread: +0.055% → +0.065%
- −$1.03
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$17.45
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; Binance: live order book, 4 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 RFQ quote, 24 min ago | 6.79 bp | doesn't fit | 503.5 bp −$5,035 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.62 bp | 65.1 bp −$65 | 778.0 bp −$7,780 | doesn't fit | doesn't fit |
FWDI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FWDIUSDT | −0.1254% | 8h | 8.0880 | +0.154% | $430K | $178K | 5x | as long as short |
| Bybit FWDIUSDT | −0.0554% | 8h | 8.0790 | +0.042% | $364K | $306K | 25x | as long as short |
| Binance FWDIUSDTshort | −0.0366% | 8h | 8.0800 | +0.055% | $456K | $1.8M | 10x | |
| Variational Omni FWDIlong | −0.0335% | 8h | 8.0756 | long leg | $114K | $121K | — | |
| OKX FWDI-USDT-SWAP | −0.0149% | 8h | 8.0750 | −0.007% | $320K | $245K | 10x | as long as short |
| QFEX FWDI-USD | 0.0000% | 1h | 8.0500 | −0.317% | $1.1M | $424K | 10x | as long as short |
| HTX FWDI-USDT | 0.0000% | 8h | 8.0770 | +0.017% | $7K | $62K | 10x | as long as short |
Bitget FWDIUSDT
Bybit FWDIUSDT
OKX FWDI-USDT-SWAP
QFEX FWDI-USD
HTX FWDI-USDT