Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%
Price spread now: Variational Omni against Phemex−0.049%7-day average −0.037% · 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)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.049%, 7d avg −0.037%
=Together, before fees−0.072%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex METAUSDT | 746.46 | 0 | get 0.0000% / 4h | 2h 53m | $2.0M | $8K | 10x |
| Short | Variational Omni META | 746.09 | 0 | get 0.0000% / 8h | 2h 53m | $2.4M | $3.2M | — |
Phemex METAUSDT
Variational Omni METAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Phemex. 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
- $0
- Price spread: −0.049% → −0.037%
- −$1.19
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$13.19
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 5 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 Phemex live order book, 5 min ago | 1.40 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.46 bp | doesn't fit | 10.6 bp −$106 | doesn't fit | doesn't fit |
META on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 746.09 | −0.050% | $333K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 746.49 | +0.004% | $492K | $577K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 745.84 | −0.083% | $548K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 746.01 | −0.060% | $28.4M | $181.6M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.84 | −0.083% | $7.4M | $14.9M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 746.12 | −0.046% | $6.0M | $12.7M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 745.72 | −0.099% | $430K | $5.9M | 100x | as long as short |
| Variational Omni METAshort | 0.0000% | 8h | 746.09 | −0.049% | $2.4M | $3.2M | — | |
| GRVT META_USDT_Perp | 0.0000% | 8h | 746.62 | +0.021% | $12K | $446K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 746.14 | −0.043% | $1K | $8.6M | 20x | as long as short |
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
GRVT META_USDT_Perp
SunX META-USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 745.69 | −0.103% | $31K | $255K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 745.92 | −0.072% | $106K | $305K | 30x | as long as short |
| Phemex METAUSDTlong | 0.0000% | 4h | 746.46 | long leg | $2.0M | $8K | 10x | |
| Arcus META-USD | +0.0040% | 1h | 745.93 | −0.071% | $111K | $331K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 746.08 | −0.051% | — | $11K | 25x | as long as short |
| QFEX META-USD | +0.0046% | 1h | 745.92 | −0.072% | $2.2M | $13.8M | 10x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 745.62 | −0.113% | $587K | $564K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 746.02 | −0.059% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 745.27 | −0.159% | $759K | $4.5M | 10x | as long as short |
| Lighter RH META | +0.0056% | 1h | 746.09 | −0.050% | $768K | $2.9M | 20x | as long as short |
| Nado META-PERP | +0.0057% | 1h | 745.50 | −0.128% | $482K | $557K | 20x | as long as short |
| Paradex META-USD-PERP | +0.0071% | 8h | 745.80 | −0.089% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0086% | 1h | 746.88 | +0.057% | $52K | $82K | 10x | as long as short |
| Bitget METAUSDT | +0.0091% | 8h | 746.05 | −0.055% | $5.5M | $11.9M | 100x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 746.02 | −0.059% | $1.6M | $630K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 745.87 | −0.079% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 746.15 | −0.042% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 745.99 | −0.063% | $269 | — | 10x | as long as short |
| Popdex METAUSDT | +0.0128% | 1h | 746.08 | −0.051% | $179K | $199K | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0128% | 1h | 746.41 | −0.007% | $671K | $7.6M | 10x | as long as short |
| edgeX METAUSDC | +0.0218% | 4h | 745.98 | −0.065% | $62K | $338K | 10x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 749.00 | +0.340% | $173K | $46K | 30x | as long as short |
| Lighter META | +0.0336% | 1h | 746.11 | −0.047% | $969K | $2.5M | 20x | as long as short |
| Hotstuff META-PERP | +0.0464% | 1h | 746.17 | −0.039% | $33K | $105 | 20x | as long as short |
| tradeXYZ xyz:META | +0.0515% | 1h | 746.19 | −0.036% | $72.5M | $122.2M | 20x | as long as short |
| Phoenix META | +0.0685% | 1h | 748.29 | +0.245% | $799K | $1.4M | 20x | as long as short |
Deribit META_USDC-PERPETUAL
HTX META-USDT
Arcus META-USD
Vest META-USD-PERP
QFEX META-USD
Polymarket Perps META-USD
SoDEX META-USD
Ondo Perps META-USD.P
Lighter RH META
Nado META-PERP
Paradex META-USD-PERP
Aftermath Perps METAUSD
Bitget METAUSDT
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Popdex METAUSDT
Coinbase International META-PERP-INTX
edgeX METAUSDC
Injective META/USDC PERP
Lighter META
Hotstuff META-PERP
tradeXYZ xyz:META
Phoenix META