Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Variational Omni against Lighter−0.618%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 airdropLighter: Season 3 · 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 0.618% cheaper against Lighter than usual: you would sell low and buy high (−$62 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 | Lighter WEN | 6.7586 | 0.0032 | pay 0.0004% / 1h | 2m 28s | $11K | $980 | 10x |
| Short | Variational Omni WEN | 6.7168 | 0 | get 0.0000% / 8h | 2h 02m | $39K | $31K | — |
Lighter WEN
Variational Omni WENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$6.72
- Price spread: −0.618% → 0.000%
- −$61.81
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$68.53
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Lighter 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.
WEN on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance WENUSDT | 0.0000% | 8h | 6.7192 | −0.583% | $588K | $504K | 20x | as long as short |
| OKX WEN-USDT-SWAP | 0.0000% | 8h | 6.7200 | −0.571% | $205K | $110K | 10x | as long as short |
| Gate WEN_USDT | 0.0000% | 8h | 6.7150 | −0.645% | $272K | $3K | 20x | as long as short |
| Bitget WENUSDT | 0.0000% | 8h | 6.7130 | −0.675% | $110K | $38K | 20x | as long as short |
| Variational Omni WENshort | 0.0000% | 8h | 6.7168 | −0.618% | $39K | $31K | — | |
| Lighter WENlong | +0.0032% | 1h | 6.7586 | long leg | $11K | $980 | 10x |
Binance WENUSDT
OKX WEN-USDT-SWAP
Gate WEN_USDT
Bitget WENUSDT