Variational Omni vs GMX
Variational Omni traded 40× GMX's 24-hour volume ($2.76B vs $68.5M) and holds 17× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | GMX | |
|---|---|---|
| Trading | ||
| $1.00 | BTC trade, $10k | — |
| $453 | BTC trade, $1M | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.040% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $2.76B | ◀Volume 24h | $68.5M |
| $2.02B | ◀Volume, 7-day average | $62.5M |
| $837.5M | ◀Open interest | $48.6M |
| — | TVL | $203.8M |
| Markets | ||
| 587 | ◀Markets | 124 |
| 157 | ◀Stocks & RWA | 8 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | L +0.0192% / S −0.0170% |
| +0.711% | BTC longs paid, 30d | +1.294% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $GMX |
| Active | Airdrop | Not active |
Cost to trade BTC
| Size | Variational Omni | GMX |
|---|---|---|
| $1k | $0.101.0 bp | — |
| $10k | $1.001.0 bp | — |
| $100k | $10.001.0 bp | — |
| $1M | $4534.5 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 98
funding /8h · Net 7d at $10k| Asset | Variational Omni | GMX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | L +0.0192% / S −0.0170% | +0.0070% | — |
| ETH | +0.0100% | L +0.0225% / S −0.0204% | +0.0104% | — |
| SOL | +0.0100% | L +0.0129% / S −0.0122% | +0.0022% | — |
| LINK | +0.0100% | L +0.0192% / S −0.0146% | +0.0046% | — |
| SUI | +0.0099% | L +0.0487% / S −0.0191% | +0.0092% | — |
| XRP | +0.0100% | L +0.0336% / S −0.0214% | +0.0114% | — |
| ONDO | +0.0004% | L +0.0428% / S −0.0145% | +0.0140% | — |
| VVV | +0.0100% | L +0.0328% / S −0.0153% | +0.0053% | — |
| XMR | +0.0746% | L +0.0846% / S −0.0757% | +0.0011% | — |
| ZEC | +0.0100% | L −0.0140% / S +0.0167% | +0.0240% | — |
| ARB | −0.0033% | L +0.0074% / S +0.0018% | +0.0014% | — |
| DOGE | +0.0100% | L +0.0196% / S −0.0117% | +0.0017% | — |
| AVAX | +0.0014% | L +0.0368% / S −0.0084% | +0.0070% | — |
| HYPE | +0.0100% | L +0.0121% / S −0.0098% | −0.0002% | — |
| NEAR | +0.0100% | L +0.0384% / S −0.0052% | −0.0048% | — |
| ADA | +0.0100% | L +0.0535% / S −0.0248% | +0.0148% | — |
| TAO | +0.0100% | L +0.0330% / S −0.0184% | +0.0084% | — |
| AAVE | +0.0029% | L +0.0316% / S −0.0149% | +0.0120% | — |
| LIT | +0.0100% | L +0.0191% / S +0.0044% | −0.0091% | — |
| UNI | +0.0100% | L +0.0248% / S −0.0250% | +0.0150% | — |
Only on Variational Omni: 472
XAUT · SP500 · PAXG · GOOGL · NVDA · ANTHROPIC · SOXL · SNDK · MU · META · MSTR · AAPL · STRC · INTC · COPPER · AMZN · SOXS · NBIS · EWY · MSFT · DRAM · CRCL · GRASS · SKHY · TSLA · COIN · CRWV · HOOD · AMD · ORCL · BRKB · OPENAI · PONS · PLTR · STRK · QNT · LLY · IRYS · ETHFI · NOW · XPD · TSM · XPT · CASHCAT · MRVL · CHIP · LSK · AVGO · GRVT · BAT · BABA · CBRS · RAY · BEAM · QCOM · BMT · BMNR · TZA · BLUR · ETC · and 412 more
Questions
Which has more markets, Variational Omni or GMX?
Variational Omni lists 587 active markets and GMX 124; 98 assets trade on both, 7 of them stocks, commodities or other real-world assets.
Does Variational Omni or GMX require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. GMX: No ID.
Can you arbitrage funding between Variational Omni and GMX?
Not profitably right now: none of the 98 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Variational Omni or GMX?
24-hour volume: Variational Omni $2.76B, GMX $68.5M. Open interest as each reports it: $837.5M and $48.6M. TVL: none published and $203.8M.