Variational Omni vs Jupiter Perps
Variational Omni traded 8.6× Jupiter Perps's 24-hour volume ($2.75B vs $318.7M).
Head to head
the arrow points to the better figure| Variational Omni | Jupiter Perps | |
|---|---|---|
| Trading | ||
| $1.00 | BTC trade, $10k | — |
| $646 | BTC trade, $1M | — |
| 0.000%/0.000% | ◀Taker / maker | 0.060%/0.060% |
| 50x | Max leverage▶ | 250x |
| Size | ||
| $2.75B | ◀Volume 24h | $318.7M |
| $2.02B | ◀Volume, 7-day average | $282.3M |
| $841.0Mlongs + shorts | Open interest | —one side |
| — | TVL | $674.5M |
| Markets | ||
| 587 | ◀Markets | 3 |
| 157 | ◀Stocks & RWA | 0 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | L +0.0112% / S +0.0056% |
| +0.711% | BTC longs paid, 30d | +0.998% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | $JUP |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Jupiter Perps |
|---|---|---|
| $1k | $0.101.0 bp | — |
| $10k | $1.001.0 bp | — |
| $100k | $10.021.0 bp | — |
| $1M | $6466.5 bp | — |
| $5M | — | — |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 3
funding /8h · Net 7d at $10k| Asset | Variational Omni | Jupiter Perps | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | L +0.0112% / S +0.0056% | −0.0012% | — |
| ETH | +0.0100% | L +0.0104% / S +0.0056% | −0.0004% | — |
| SOL | +0.0100% | L +0.0128% / S +0.0056% | −0.0028% | — |
Only on Variational Omni: 567
XAU · HYPE · 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 · STRC · XRP · UNI · LTC · MSTR · AAPL · INTC · SOXS · COPPER · AMZN · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · CRCL · GRASS · SKHY · VVV · XPL · NATGAS · WLFI · AERO · SUI · DOGE · TSLA · TAO · COIN · ICP · TRUMP · and 507 more
Only on Jupiter Perps: 0
Questions
Which has more markets, Variational Omni or Jupiter Perps?
Variational Omni lists 587 active markets and Jupiter Perps 3; 3 assets trade on both.
Does Variational Omni or Jupiter Perps require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Jupiter Perps: No ID; not for the US, China, Singapore or sanctioned countries, VPNs forbidden. Beta markets need 69 JUP staked.
Can you arbitrage funding between Variational Omni and Jupiter Perps?
Not profitably right now: none of the 3 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 Jupiter Perps?
24-hour volume: Variational Omni $2.75B, Jupiter Perps $318.7M. Open interest as each reports it: $841.0M and {ob}. Variational Omni reports open interest as the sum of its traders' longs and shorts; Jupiter Perps reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $674.5M.