Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRnext payment −$6.84 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against GRVT−0.016%7-day average −0.009% · 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)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.016%, 7d avg −0.009%
=Together, before fees+0.010%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.84 per $10,000. 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 | GRVT IWM_USDT_Perp | 285.93 | 0.0684 | pay 0.0684% / 8h | 2h 14m | $292 | $107K | 10x |
| Short | Variational Omni IWM | 285.88 | 0 | get 0.0000% / 8h | 2h 14m | $160K | $207K | — |
GRVT IWM_USDT_Perp
Variational Omni IWMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GRVT. 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
- −$143.64
- Price spread: −0.016% → −0.009%
- −$0.65
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$153.29
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 27 min ago; Variational Omni: RFQ quote, 34 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 GRVT live order book, 27 min ago | 2.10 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 2.36 bp | doesn't fit | 79.3 bp −$793 | doesn't fit | doesn't fit |
IWM on 17 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 IWMUSDT | 0.0000% | 8h | 285.69 | −0.085% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.52 | −0.143% | $556K | $62K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.66 | −0.094% | $400K | $120K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 285.90 | −0.010% | $610K | $162K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.81 | −0.042% | $443K | $15K | 20x | as long as short |
| Variational Omni IWMshort | 0.0000% | 8h | 285.88 | −0.016% | $160K | $207K | — | |
| SunX IWM-USDT | 0.0000% | 8h | 286.02 | +0.031% | $1K | $459K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.78 | −0.052% | $749 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.95 | +0.007% | $766K | $80K | 10x | as long as short |
| Lighter IWM | +0.0032% | 1h | 285.75 | −0.063% | $75K | $19K | 10x | as long as short |
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 285.40 | −0.185% | $566K | $363K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.46 | −0.164% | — | — | 25x | as long as short |
| MEXC IWM_USDT | +0.0058% | 8h | 285.79 | −0.049% | $886K | $83K | 50x | as long as short |
| Binance IWMUSDT | +0.0059% | 8h | 285.92 | −0.004% | $1.1M | $1.2M | 20x | as long as short |
| BloFin IWM-USDT | +0.0085% | 8h | 285.92 | −0.003% | $65K | $33K | 20x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.95 | +0.007% | $138K | $849K | 20x | as long as short |
| GRVT IWM_USDT_Perplong | +0.0684% | 8h | 285.93 | long leg | $292 | $107K | 10x |
Markets by Kinetiq mkts:SMALL2000
Vest IWM-USD-PERP
MEXC IWM_USDT
Binance IWMUSDT
BloFin IWM-USDT
KuCoin IWMUSDTM