Funding you earn now, next payment 16:00 UTC−0.0156%/8h= −17.1% APRnext payment −$1.56 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against Variational Omni+0.148%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 pays, funding is against you. Bitget is 0.148% dearer against Variational Omni than usual: you sell high and buy low (spread +0.148% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TER | 374.65 | 0 | get 0.0000% / 8h | 7h 23m | $48K | $52K | — |
| Short | Bitget TERUSDT | 375.20 | −0.0156 | pay 0.0156% / 8h | 7h 23m | $238K | $155K | 20x |
Variational Omni TER
Bitget TERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$32.76
- Price spread: +0.148% → 0.000%
- $14.76
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Bitget: live order book, 7 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 no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 7 min ago | 13.07 bp | 36.8 bp −$37 | 53.3 bp −$533 | doesn't fit | doesn't fit |
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 | −0.7731% | 1h | 375.52 | +0.233% | $118K | $56K | 10x | as long as short |
| Bybit TERUSDT | −0.0223% | 8h | 375.14 | +0.132% | $251K | $128K | 25x | as long as short |
| Bitget TERUSDTshort | −0.0156% | 8h | 375.20 | +0.148% | $238K | $155K | 20x | |
| Binance TERUSDT | 0.0000% | 8h | 374.97 | +0.087% | $515K | $985K | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 375.40 | +0.201% | $203K | $177K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 375.40 | +0.201% | $294K | $197K | 20x | as long as short |
| Variational Omni TERlong | 0.0000% | 8h | 374.65 | long leg | $48K | $52K | — | |
| Extended TER_24_5-USD | +0.0040% | 1h | 375.41 | +0.205% | $35K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 374.82 | +0.046% | $227K | $151K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 374.74 | +0.025% | $3K | $39K | 10x | as long as short |
Paragon para:TER
Bybit TERUSDT
Binance TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT