Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Variational Omni against Extended−0.084%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 airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.084% cheaper against Extended than usual: you would sell low and buy high (−$8 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 | Extended TER_24_5-USD | 376.65 | 0.0040 | pay 0.0005% / 1h | 13m 05s | $35K | $4K | 10x |
| Short | Variational Omni TER | 376.34 | 0 | get 0.0000% / 8h | 7h 13m | $48K | $50K | — |
Extended TER_24_5-USD
Variational Omni TERFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$8.4
- Price spread: −0.084% → 0.000%
- −$8.35
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.75
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; Variational Omni: no order-book sample. 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 Extended no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Extended and 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.
TER 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:TER | −0.6009% | 1h | 375.31 | −0.356% | $118K | $56K | 10x | as long as short |
| Bitget TERUSDT | −0.0141% | 8h | 375.90 | −0.199% | $239K | $155K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 376.58 | −0.019% | $517K | $984K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 375.68 | −0.258% | $252K | $128K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 376.33 | −0.085% | $203K | $178K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 376.10 | −0.146% | $295K | $197K | 20x | as long as short |
| Variational Omni TERshort | 0.0000% | 8h | 376.34 | −0.084% | $48K | $50K | — | |
| Extended TER_24_5-USDlong | +0.0040% | 1h | 376.65 | long leg | $35K | $4K | 10x | |
| KuCoin TERUSDTM | +0.0100% | 8h | 376.13 | −0.138% | $227K | $162K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 376.51 | −0.037% | $3K | $40K | 10x | as long as short |
Paragon para:TER
Bitget TERUSDT
Binance TERUSDT
Bybit TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
KuCoin TERUSDTM
HTX TER-USDT