Variational Omni vs Bulk
Variational Omni traded 72× Bulk's 24-hour volume ($2.75B vs $38.1M) and holds 53× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Bulk | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $7.00 |
| $646 | ◀BTC trade, $1M | $1,390 |
| — | BTC book depth | $1.9M |
| 0.000%/0.000% | ◀Taker / maker | 0.035%/0.000% |
| 50x | ◀Max leverage | 40x |
| Size | ||
| $2.75B | ◀Volume 24h | $38.1M |
| $2.02B | ◀Volume, 7-day average | $32.4M |
| $841.0M | ◀Open interest | $15.8M |
| — | TVL | $7.0M |
| Markets | ||
| 587 | ◀Markets | 19 |
| 157 | ◀Stocks & RWA | 8 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.711% | BTC longs paid, 30d | +0.811% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Bulk |
|---|---|---|
| $1k | $0.101.0 bp | $0.707.0 bp |
| $10k | $1.001.0 bp | $7.007.0 bp |
| $100k | $10.021.0 bp | $79.568.0 bp |
| $1M | $6466.5 bp | $1,39013.9 bp |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 17
funding /8h · Net 7d at $10k| Asset | Variational Omni | Bulk | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$2 |
| ETH | +0.0100% | +0.0097% | +0.0003% | +$2 |
| SOL | +0.0100% | +0.0100% | 0.0000% | −$2 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$19 |
| PAXG | +0.0100% | +0.0031% | +0.0069% | −$20 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$19 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$48 |
| LIT | +0.0100% | −0.0166% | +0.0266% | −$53 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$22 |
| MON | +0.0100% | −0.0363% | +0.0463% | −$124 |
| PUMP | −0.0087% | +0.0100% | +0.0187% | −$30 |
Only on Variational Omni: 553
XAU · XAUT · QQQ · SP500 · CL · GOOGL · BZ · XAG · BNB · XMR · ANTHROPIC · SOXL · SPCX · ZRO · ENA · AAVE · ADA · ASTER · META · STRC · UNI · LTC · AAPL · INTC · SOXS · COPPER · AMZN · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · GRASS · SKHY · VVV · XPL · NATGAS · WLFI · AERO · SUI · DOGE · TAO · COIN · ICP · TRUMP · CRWV · HOOD · ARB · AMD · ORCL · CRV · BRKB · OPENAI · PONS · PLTR · ATOM · APT · HBAR · and 493 more
Questions
Is Variational Omni or Bulk cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $7.00 on Bulk 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 Bulk?
Variational Omni lists 587 active markets and Bulk 19; 17 assets trade on both, 6 of them stocks, commodities or other real-world assets.
Does Variational Omni or Bulk require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Bulk: No ID (the terms keep a right to checks); barred: the US, UK, Ontario, Australia, Japan, South Korea, Singapore, UAE and several EU countries.
Can you arbitrage funding between Variational Omni and Bulk?
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 ETH, long on Bulk and short on Variational Omni, with $2 left after costs.
Which is bigger, Variational Omni or Bulk?
24-hour volume: Variational Omni $2.75B, Bulk $38.1M. Open interest as each reports it: $841.0M and $15.8M. TVL: none published and $7.0M.