Variational Omni vs Aftermath Perps
Variational Omni traded 216× Aftermath Perps's 24-hour volume ($2.75B vs $12.7M).
Head to head
the arrow points to the better figure| Variational Omni | Aftermath Perps | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $28.11 |
| $646 | BTC trade, $1M | — |
| — | BTC book depth | $332K |
| 0.000%/0.000% | ◀Taker / maker | 0.045%/-0.005% |
| 50x | ◀Max leverage | 25x |
| Size | ||
| $2.75B | ◀Volume 24h | $12.7M |
| $2.02B | ◀Volume, 7-day average | $9.3M |
| $841.0Mlongs + shorts | Open interest | $646Kone side |
| — | TVL | — |
| Markets | ||
| 587 | ◀Markets | 65 |
| 157 | ◀Stocks & RWA | 32 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0846% |
| +0.711% | BTC longs paid, 30d | +4.225% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Aftermath Perps |
|---|---|---|
| $1k | $0.101.0 bp | $2.0220.2 bp |
| $10k | $1.001.0 bp | $28.1128.1 bp |
| $100k | $10.021.0 bp | $40740.7 bp |
| $1M | $6466.5 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 43
funding /8h · Net 7d at $10k| Asset | Variational Omni | Aftermath Perps | Spread | Net 7d |
|---|---|---|---|---|
| SUI | +0.0100% | +0.0345% | +0.0245% | +$17 |
| BTC | +0.0100% | +0.0846% | +0.0746% | +$3 |
| ETH | +0.0100% | +0.0929% | +0.0829% | −$2 |
| SOL | +0.0100% | +0.1063% | +0.0963% | −$11 |
| XRP | +0.0100% | +0.0319% | +0.0219% | +$15 |
| ZEC | +0.0100% | −0.0332% | +0.0432% | −$110 |
| BNB | +0.0100% | +0.0050% | +0.0050% | −$82 |
| HYPE | +0.0100% | +0.0670% | +0.0570% | +$24 |
| XMR | +0.0727% | +0.0427% | +0.0299% | −$101 |
| NEAR | +0.0100% | +0.1482% | +0.1382% | −$6 |
| LTC | −0.0032% | −0.0035% | +0.0003% | −$94 |
| PUMP | −0.0087% | +0.0679% | +0.0766% | — |
| UNI | +0.0100% | +0.1070% | +0.0970% | +$13 |
| LIT | +0.0100% | −0.0427% | +0.0527% | −$150 |
| SPX | +0.0100% | +0.0417% | +0.0317% | — |
| MON | +0.0100% | +0.0047% | +0.0053% | −$247 |
| WLD | −0.0335% | −0.0418% | +0.0083% | −$145 |
| QNT | +0.0100% | +0.0238% | +0.0138% | −$79 |
| FLUID | +0.0100% | +0.1019% | +0.0919% | −$252 |
| XAUT | +0.0100% | +0.0340% | — | — |
Only on Variational Omni: 527
XAU · QQQ · PAXG · ANTHROPIC · SOXL · ZRO · ENA · AAVE · ADA · ASTER · STRC · MSTR · SOXS · COPPER · AMZN · LINK · AVAX · NBIS · EWY · MSFT · GRASS · SKHY · VVV · XPL · NATGAS · WLFI · AERO · DOGE · TAO · COIN · ICP · TRUMP · CRWV · HOOD · ARB · AMD · ORCL · BRKB · OPENAI · PONS · ATOM · APT · HBAR · PEPE · DOT · STRK · ONDO · VIRTUAL · TRX · IRYS · ETHFI · NOW · SKY · XPD · TSM · MORPHO · PENDLE · XPT · JUP · FARTCOIN · and 467 more
Questions
Is Variational Omni or Aftermath Perps cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $28.11 on Aftermath Perps right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.045%.
Which has more markets, Variational Omni or Aftermath Perps?
Variational Omni lists 587 active markets and Aftermath Perps 65; 43 assets trade on both, 20 of them stocks, commodities or other real-world assets.
Does Variational Omni or Aftermath Perps require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Aftermath Perps: No ID; not for sanctioned countries, and the operator may geo-block parts of the service.
Can you arbitrage funding between Variational Omni and Aftermath Perps?
Yes: 7 of the assets on both paid more in funding over the last 7 days than a $10k round trip on both costs. The best was HYPE, long on Variational Omni and short on Aftermath Perps, with $24 left after costs.
Which is bigger, Variational Omni or Aftermath Perps?
24-hour volume: Variational Omni $2.75B, Aftermath Perps $12.7M. Open interest as each reports it: $841.0M and $646K. Variational Omni reports open interest as the sum of its traders' longs and shorts; Aftermath Perps reports one side. For the same positions Variational Omni's figure reads about twice as large.

