Variational Omni vs Bluefin
Variational Omni traded 2910× Bluefin's 24-hour volume ($2.76B vs $948K).
Head to head
the arrow points to the better figure| Variational Omni | Bluefin | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $13.98 |
| $453 | BTC trade, $1M | — |
| — | BTC book depth | $158K |
| 0.000%/0.000% | ◀Taker / maker | 0.035%/0.010% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $2.76B | ◀Volume 24h | $948K |
| $2.02B | ◀Volume, 7-day average | $827K |
| $837.5Mlongs + shorts | Open interest | $740Kone side |
| — | TVL | $1.5M |
| Markets | ||
| 587 | ◀Markets | 8 |
| 157 | ◀Stocks & RWA | 1 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.711% | BTC longs paid, 30d | +2.207% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $BLUE |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Bluefin |
|---|---|---|
| $1k | $0.101.0 bp | $1.3613.6 bp |
| $10k | $1.001.0 bp | $13.9814.0 bp |
| $100k | $10.001.0 bp | $24524.5 bp |
| $1M | $4534.5 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 8
funding /8h · Net 7d at $10k| Asset | Variational Omni | Bluefin | Spread | Net 7d |
|---|---|---|---|---|
| SUI | +0.0099% | +0.0100% | +0.0001% | −$48 |
| HYPE | +0.0100% | +0.2371% | +0.2238% | +$3 |
| BTC | +0.0100% | +0.0100% | 0.0000% | −$13 |
| SOL | +0.0100% | +0.0100% | — | — |
| WAL | +0.0100% | +0.0026% | 0.0000% | −$2,399 |
| ETH | +0.0100% | −0.0035% | — | — |
| DEEP | −0.0074% | −0.0263% | — | — |
Only on Variational Omni: 562
ZEC · XAUT · QQQ · SP500 · CL · PAXG · GOOGL · BZ · XAG · BNB · XMR · LIT · NEAR · PUMP · NVDA · ANTHROPIC · SOXL · SPCX · ZRO · ENA · AAVE · SNDK · ADA · MU · ASTER · META · XRP · UNI · LTC · MSTR · AAPL · STRC · INTC · COPPER · AMZN · SOXS · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · CRCL · GRASS · SKHY · VVV · XPL · WLFI · NATGAS · AERO · TSLA · DOGE · TAO · COIN · ICP · CRWV · TRUMP · HOOD · ARB · and 502 more
Only on Bluefin: 0
Questions
Is Variational Omni or Bluefin cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $13.98 on Bluefin right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.035%.
Which has more markets, Variational Omni or Bluefin?
Variational Omni lists 587 active markets and Bluefin 8; 8 assets trade on both, 1 of them stocks, commodities or other real-world assets.
Does Variational Omni or Bluefin require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Bluefin: No ID (deposit addresses are sanctions-screened); not for the US, Canada, retail UK or sanctioned countries.
Can you arbitrage funding between Variational Omni and Bluefin?
Yes: 1 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 Bluefin, with $3 left after costs.
Which is bigger, Variational Omni or Bluefin?
24-hour volume: Variational Omni $2.76B, Bluefin $948K. Open interest as each reports it: $837.5M and $740K. Variational Omni reports open interest as the sum of its traders' longs and shorts; Bluefin reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $1.5M.