Variational Omni vs Nado
Variational Omni traded 6.9× Nado's 24-hour volume ($2.75B vs $399.3M) and holds 11× its open interest.
Head to head
the arrow points to the better figure| Variational Omni | Nado | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $7.13 |
| $646 | ◀BTC trade, $1M | $939 |
| — | BTC book depth | $7.5M |
| 0.000%/0.000% | ◀Taker / maker | 0.035%/0.010% |
| 50x | Max leverage≈ | 50x |
| Size | ||
| $2.75B | ◀Volume 24h | $399.3M |
| $2.02B | ◀Volume, 7-day average | $380.3M |
| $841.0M | ◀Open interest | $77.3M |
| — | TVL | $53.8M |
| Markets | ||
| 587 | ◀Markets | 73 |
| 157 | ◀Stocks & RWA | 30 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.711% | BTC longs paid, 30d | +0.602% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | Active |
Cost to trade BTC
| Size | Variational Omni | Nado |
|---|---|---|
| $1k | $0.101.0 bp | $0.717.1 bp |
| $10k | $1.001.0 bp | $7.137.1 bp |
| $100k | $10.021.0 bp | $71.327.1 bp |
| $1M | $6466.5 bp | $9399.4 bp |
| $5M | — | $13,84927.7 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 70
funding /8h · Net 7d at $10k| Asset | Variational Omni | Nado | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$8 |
| ETH | +0.0100% | +0.0059% | +0.0041% | −$5 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$18 |
| XAUT | +0.0100% | +0.0230% | +0.0130% | $0 |
| SOL | +0.0100% | −0.0124% | +0.0224% | −$6 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$18 |
| LIT | +0.0100% | −0.0470% | +0.0570% | −$68 |
| NEAR | +0.0100% | +0.0011% | +0.0089% | −$44 |
| XMR | +0.0727% | +0.1085% | +0.0358% | −$63 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$17 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$51 |
| PUMP | −0.0087% | +0.0081% | +0.0168% | −$41 |
| XPL | +0.0100% | −0.0711% | +0.0811% | −$179 |
| AAVE | +0.0034% | +0.0031% | +0.0003% | −$58 |
| ZRO | +0.0100% | +0.0100% | 0.0000% | −$95 |
| SUI | +0.0100% | +0.0016% | +0.0084% | −$51 |
| MON | +0.0100% | −0.0520% | +0.0620% | −$135 |
| UNI | +0.0100% | −0.0110% | +0.0210% | −$51 |
| ENA | +0.0100% | +0.0100% | 0.0000% | −$54 |
| LINK | +0.0100% | −0.0199% | +0.0299% | −$25 |
Only on Variational Omni: 500
XAU · SP500 · PAXG · BZ · SOXL · ADA · STRC · SOXS · COPPER · EWY · DRAM · GRASS · NATGAS · AERO · COIN · ICP · TRUMP · CRWV · HOOD · ARB · CRV · BRKB · OPENAI · PLTR · ATOM · APT · HBAR · DOT · QNT · STRK · VIRTUAL · TRX · IRYS · ETHFI · NOW · XPD · TSM · MORPHO · PENDLE · XPT · SPX · INJ · LSK · GRVT · BAT · OP · CBRS · BABA · CC · RENDER · RAY · FET · BEAM · POL · QCOM · BMT · BMNR · JTO · MNT · MET · and 440 more
Questions
Is Variational Omni or Nado cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $7.13 on Nado 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 Nado?
Variational Omni lists 587 active markets and Nado 73; 70 assets trade on both, 28 of them stocks, commodities or other real-world assets.
Does Variational Omni or Nado require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Nado: No ID (card deposits through a third-party on-ramp may ask); the US and Canada are view-only, sanctioned countries blocked.
Can you arbitrage funding between Variational Omni and Nado?
Yes: 4 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 MRVL, long on Variational Omni and short on Nado, with $23 left after costs.
Which is bigger, Variational Omni or Nado?
24-hour volume: Variational Omni $2.75B, Nado $399.3M. Open interest as each reports it: $841.0M and $77.3M. TVL: none published and $53.8M.