Funding you earn now, next payment 06:00 UTC−0.0592%/8h= −64.9% APRpaid last 24h +0.015%
Price spread now: Variational Omni against Paragon+0.005%7-day average — · 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)—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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$18 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:TER | 379.06 | 0.0592 | pay 0.0074% / 1h | 11m 38s | $121K | $57K | 10x |
| Short | Variational Omni TER | 379.08 | 0 | get 0.0000% / 8h | 2h 11m | $48K | $52K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paragon. 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
- −$124.4
- Price spread: +0.005% → 0.000%
- $0.46
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$133.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 64 min ago; 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 Paragon live order book, 64 min ago | 23.98 bp | 29.0 bp −$29 | 103.1 bp −$1,031 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget TERUSDT | −0.0242% | 8h | 380.06 | +0.264% | $250K | $151K | 20x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 379.92 | +0.227% | $562K | $978K | 25x | as long as short |
| Bybit TERUSDT | 0.0000% | 8h | 379.04 | −0.005% | $250K | $181K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 379.43 | +0.098% | $202K | $173K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 379.60 | +0.142% | $294K | $223K | 20x | as long as short |
| Variational Omni TERshort | 0.0000% | 8h | 379.08 | +0.005% | $48K | $52K | — | |
| Extended TER_24_5-USD | +0.0040% | 1h | 381.83 | +0.732% | $36K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 379.52 | +0.121% | $233K | $89K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 380.59 | +0.404% | $3K | $39K | 10x | as long as short |
| Paragon para:TERlong | +0.0592% | 1h | 379.06 | long leg | $121K | $57K | 10x |
Paragon para:TER
Variational Omni TER
Bitget TERUSDT
Binance TERUSDT
Bybit TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT