Variational Omni vs Katana Perps
Variational Omni traded 36× Katana Perps's 24-hour volume ($2.76B vs $76.6M).
Head to head
the arrow points to the better figure| Variational Omni | Katana Perps | |
|---|---|---|
| Trading | ||
| $1.00 | BTC trade, $10k | — |
| $453 | BTC trade, $1M | — |
| 0.000%/0.000% | ◀Taker / maker | 0.019%/0.005% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $2.76B | ◀Volume 24h | $76.6M |
| $2.02B | ◀Volume, 7-day average | $44.0M |
| $837.5Mlongs + shorts | Open interest | $553Kone side |
| — | TVL | $1.3M |
| Markets | ||
| 587 | ◀Markets | 10 |
| 157 | ◀Stocks & RWA | 0 |
| 1h or 4h or 8h | Funding paid every | 8h |
| +0.0100% | BTC funding /8h | +0.0113% |
| +0.711% | BTC longs paid, 30d | +0.897% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Katana Perps |
|---|---|---|
| $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: 9
funding /8h · Net 7d at $10k| Asset | Variational Omni | Katana Perps | Spread | Net 7d |
|---|---|---|---|---|
| ETH | +0.0100% | +0.0100% | 0.0000% | — |
| BTC | +0.0100% | +0.0111% | +0.0013% | — |
| XRP | +0.0100% | +0.0100% | 0.0000% | — |
| SOL | +0.0100% | +0.0100% | 0.0000% | — |
| HYPE | +0.0100% | +0.0100% | 0.0000% | — |
| ZEC | +0.0100% | +0.0100% | 0.0000% | — |
| TAO | +0.0100% | +0.0091% | +0.0012% | — |
| DOGE | +0.0100% | +0.0100% | — | — |
| PUMP | −0.0129% | +0.0083% | — | — |
Only on Variational Omni: 561
XAU · XAUT · QQQ · SP500 · CL · PAXG · GOOGL · BZ · XAG · BNB · XMR · LIT · NEAR · NVDA · ANTHROPIC · SOXL · SPCX · ZRO · ENA · AAVE · SNDK · ADA · MU · ASTER · META · UNI · LTC · MSTR · AAPL · STRC · INTC · COPPER · AMZN · SOXS · LINK · AVAX · NBIS · EWY · MSFT · DRAM · WLD · CRCL · GRASS · SKHY · VVV · XPL · WLFI · NATGAS · AERO · SUI · TSLA · COIN · ICP · CRWV · TRUMP · HOOD · ARB · AMD · ORCL · CRV · and 501 more
Only on Katana Perps: 1
Questions
Which has more markets, Variational Omni or Katana Perps?
Variational Omni lists 587 active markets and Katana Perps 10; 9 assets trade on both.
Does Variational Omni or Katana Perps require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Katana Perps: No ID, your wallet is the account; not for the US, Panama or sanctioned countries.
Can you arbitrage funding between Variational Omni and Katana Perps?
Not profitably right now: none of the 9 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 Katana Perps?
24-hour volume: Variational Omni $2.76B, Katana Perps $76.6M. Open interest as each reports it: $837.5M and $553K. Variational Omni reports open interest as the sum of its traders' longs and shorts; Katana Perps reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $1.3M.

