Variational Omni vs dYdX
Variational Omni traded 51× dYdX's 24-hour volume ($2.76B vs $54.6M).
Head to head
the arrow points to the better figure| Variational Omni | dYdX | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $20.60 |
| $453 | ◀BTC trade, $1M | $3,310 |
| — | BTC book depth | $67.4M |
| 0.000%/0.000% | ◀Taker / maker | 0.050%/0.010% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $2.76B | ◀Volume 24h | $54.6M |
| $2.02B | ◀Volume, 7-day average | $39.9M |
| $837.5Mlongs + shorts | Open interest | $55.5Mone side |
| — | TVL | $68.5M |
| Markets | ||
| 587 | ◀Markets | 57 |
| 157 | ◀Stocks & RWA | 0 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0027% |
| +0.711% | BTC longs paid, 30d | +0.321% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $DYDX |
| Active | Airdrop | Not active |
Cost to trade BTC
| Size | Variational Omni | dYdX |
|---|---|---|
| $1k | $0.101.0 bp | $1.7417.4 bp |
| $10k | $1.001.0 bp | $20.6020.6 bp |
| $100k | $10.001.0 bp | $27127.1 bp |
| $1M | $4534.5 bp | $3,31033.1 bp |
| $5M | — | $40,03080.1 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 56
funding /8h · Net 7d at $10k| Asset | Variational Omni | dYdX | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | +0.0149% | +0.0049% | −$6 |
| BTC | +0.0100% | +0.0027% | +0.0073% | −$18 |
| SOL | +0.0100% | +0.0144% | +0.0044% | +$3 |
| HYPE | +0.0100% | +0.0002% | +0.0098% | −$764 |
| XRP | +0.0100% | 0.0000% | +0.0100% | −$103 |
| LTC | −0.0031% | 0.0000% | +0.0031% | −$78 |
| ZEC | +0.0100% | 0.0000% | +0.0100% | −$173 |
| DOGE | +0.0100% | 0.0000% | +0.0100% | −$180 |
| LINK | +0.0100% | 0.0000% | +0.0100% | −$314 |
| TRX | −0.0265% | 0.0000% | +0.0265% | −$410 |
| XMR | +0.0746% | +0.1646% | +0.0901% | −$472 |
| ADA | +0.0100% | 0.0000% | +0.0100% | −$363 |
| ALGO | +0.0100% | 0.0000% | +0.0100% | −$249 |
| BNB | +0.0100% | 0.0000% | +0.0100% | −$119 |
| NEAR | +0.0100% | 0.0000% | +0.0100% | — |
| DOT | −0.0042% | 0.0000% | +0.0042% | — |
| SUI | +0.0099% | 0.0000% | +0.0099% | — |
| UNI | +0.0100% | 0.0000% | +0.0100% | — |
| SEI | +0.0012% | 0.0000% | +0.0012% | — |
| INJ | +0.0100% | 0.0000% | +0.0100% | — |
Only on Variational Omni: 514
XAU · XAUT · QQQ · SP500 · CL · GOOGL · BZ · XAG · LIT · NVDA · ANTHROPIC · SOXL · SPCX · ZRO · ENA · SNDK · MU · META · MSTR · AAPL · STRC · INTC · COPPER · AMZN · SOXS · NBIS · EWY · MSFT · DRAM · CRCL · GRASS · SKHY · VVV · XPL · WLFI · NATGAS · AERO · TSLA · COIN · CRWV · TRUMP · HOOD · AMD · ORCL · BRKB · OPENAI · PONS · PLTR · QNT · LLY · ONDO · VIRTUAL · IRYS · ETHFI · SKY · NOW · XPD · TSM · XPT · MORPHO · and 454 more
Only on dYdX: 1
Questions
Is Variational Omni or dYdX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $20.60 on dYdX right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.05%.
Which has more markets, Variational Omni or dYdX?
Variational Omni lists 587 active markets and dYdX 57; 56 assets trade on both.
Does Variational Omni or dYdX require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. dYdX: No ID, a web3 wallet is enough; dydx.trade blocks the US, Canada, the UK and sanctioned places (close-only, then blocked after 7 days).
Can you arbitrage funding between Variational Omni and dYdX?
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 SOL, long on Variational Omni and short on dYdX, with $3 left after costs.
Which is bigger, Variational Omni or dYdX?
24-hour volume: Variational Omni $2.76B, dYdX $54.6M. Open interest as each reports it: $837.5M and $55.5M. Variational Omni reports open interest as the sum of its traders' longs and shorts; dYdX reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $68.5M.