Funding you earn now, next payment 09:00 UTC−1.1093%/8h= −1214.7% APRpaid last 24h +0.047%
Price spread now: Paragon against Variational Omni+0.221%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. Paragon is 0.221% dearer against Variational Omni than usual: you sell high and buy low (spread +0.221% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$333 a day in funding at the current rate, which eats that in about 2 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TER | 376.26 | 0 | get 0.0000% / 8h | 7h 44m | $48K | $52K | — |
| Short | Paragon para:TER | 377.09 | −1.1093 | pay 0.1387% / 1h | 44m 36s | $118K | $57K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- −$2,329.53
- Price spread: +0.221% → 0.000%
- $22.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- −$2,317.41
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Paragon: live order book, 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Paragon live order book, 1 min ago | 57.16 bp | 550.9 bp −$551 | doesn't fit | 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:TERshort | −1.1093% | 1h | 377.09 | +0.221% | $118K | $57K | 10x | |
| Bitget TERUSDT | −0.0195% | 8h | 376.56 | +0.080% | $239K | $156K | 20x | as long as short |
| Bybit TERUSDT | −0.0102% | 8h | 376.29 | +0.009% | $251K | $129K | 25x | as long as short |
| Binance TERUSDT | 0.0000% | 8h | 376.40 | +0.038% | $519K | $1.0M | 25x | as long as short |
| OKX TER-USDT-SWAP | 0.0000% | 8h | 375.43 | −0.220% | $203K | $177K | 20x | as long as short |
| Gate TER_USDT | 0.0000% | 8h | 376.50 | +0.064% | $295K | $195K | 20x | as long as short |
| Variational Omni TERlong | 0.0000% | 8h | 376.26 | long leg | $48K | $52K | — | |
| Extended TER_24_5-USD | +0.0040% | 1h | 377.89 | +0.435% | $35K | $4K | 10x | as long as short |
| KuCoin TERUSDTM | +0.0100% | 8h | 376.37 | +0.030% | $226K | $127K | 20x | as long as short |
| HTX TER-USDT | +0.0100% | 8h | 376.77 | +0.136% | $3K | $39K | 10x | as long as short |
Variational Omni TER
Paragon para:TER
Bitget TERUSDT
Bybit TERUSDT
Binance TERUSDT
OKX TER-USDT-SWAP
Gate TER_USDT
Extended TER_24_5-USD
KuCoin TERUSDTM
HTX TER-USDT