Variational Omni vs Popdex
Variational Omni traded 8.2× Popdex's 24-hour volume ($2.75B vs $336.4M).
Head to head
the arrow points to the better figure| Variational Omni | Popdex | |
|---|---|---|
| Trading | ||
| $1.00 | ◀BTC trade, $10k | $8.34 |
| $646 | ◀BTC trade, $1M | $945 |
| — | BTC book depth | $12.3M |
| 0.000%/0.000% | ◀Taker / maker | 0.032%/0.010% |
| 50x | Max leverage▶ | 100x |
| Size | ||
| $2.75B | ◀Volume 24h | $336.4M |
| $2.02B | ◀Volume, 7-day average | $198.6M |
| $841.0Mlongs + shorts | Open interest | $92.7Mone side |
| — | TVL | $76.6M |
| Markets | ||
| 587 | ◀Markets | 66 |
| 157 | ◀Stocks & RWA | 35 |
| 1h or 4h or 8h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0100% |
| +0.711% | BTC longs paid, 30d | +0.775% |
| Access | ||
| No ID | KYC | No ID |
| none yet | Token | none yet |
| Active | Airdrop | — |
Cost to trade BTC
| Size | Variational Omni | Popdex |
|---|---|---|
| $1k | $0.101.0 bp | $0.747.4 bp |
| $10k | $1.001.0 bp | $8.348.3 bp |
| $100k | $10.021.0 bp | $84.888.5 bp |
| $1M | $6466.5 bp | $9459.4 bp |
| $5M | — | $7,77815.6 bp |
BTC funding per day
pair pageVolume by asset class
last 90 daysOn both: 54
funding /8h · Net 7d at $10k| Asset | Variational Omni | Popdex | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0100% | 0.0000% | −$9 |
| ETH | +0.0100% | +0.0100% | 0.0000% | −$14 |
| ENA | +0.0100% | +0.0100% | 0.0000% | −$127 |
| SOL | +0.0100% | +0.0082% | +0.0018% | −$18 |
| PEPE | +0.0100% | +0.0100% | 0.0000% | −$93 |
| ZEC | +0.0100% | +0.0271% | +0.0171% | −$23 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$23 |
| XRP | +0.0100% | +0.0100% | 0.0000% | −$31 |
| LINK | +0.0100% | +0.0100% | 0.0000% | −$60 |
| NEAR | +0.0100% | +0.0100% | 0.0000% | −$53 |
| BNB | +0.0100% | +0.0100% | 0.0000% | −$58 |
| DOGE | +0.0100% | +0.0100% | 0.0000% | −$24 |
| AAVE | +0.0034% | +0.0100% | +0.0066% | −$22 |
| SUI | +0.0100% | +0.0100% | 0.0000% | −$64 |
| LTC | −0.0032% | +0.0100% | +0.0132% | −$19 |
| ADA | +0.0100% | +0.0100% | 0.0000% | −$55 |
| XLM | +0.0100% | +0.0100% | 0.0000% | −$84 |
| APT | +0.0100% | +0.0100% | 0.0000% | −$128 |
| TRUMP | −0.0424% | +0.0100% | +0.0524% | −$38 |
| PUMP | −0.0087% | +0.0100% | +0.0187% | −$67 |
Only on Variational Omni: 516
XAUT · PAXG · XMR · LIT · ANTHROPIC · ZRO · ASTER · STRC · UNI · AAPL · SOXS · COPPER · AMZN · NBIS · MSFT · GRASS · VVV · XPL · NATGAS · WLFI · AERO · ICP · CRWV · ARB · AMD · CRV · BRKB · MON · OPENAI · PLTR · ATOM · HBAR · DOT · QNT · STRK · LLY · VIRTUAL · TRX · IRYS · ETHFI · NOW · SKY · XPD · TSM · MORPHO · PENDLE · XPT · JUP · FARTCOIN · MRVL · CHIP · SPX · MEGA · INJ · LSK · AVGO · GRVT · BCH · BAT · OP · and 456 more
Questions
Is Variational Omni or Popdex cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $1.00 on Variational Omni and $8.34 on Popdex right now, taker fee and order-book slippage together, so Variational Omni is cheaper. Taker fees: 0% and 0.032%.
Which has more markets, Variational Omni or Popdex?
Variational Omni lists 587 active markets and Popdex 66; 54 assets trade on both, 25 of them stocks, commodities or other real-world assets.
Does Variational Omni or Popdex require KYC?
Variational Omni: No ID; not for US or Canadian persons, Taiwan or sanctioned regions. Popdex: No ID; barred countries include the US, UK, Canada, France, Germany, Austria, Singapore, Hong Kong and China.
Can you arbitrage funding between Variational Omni and Popdex?
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 CL, long on Variational Omni and short on Popdex, with $4 left after costs.
Which is bigger, Variational Omni or Popdex?
24-hour volume: Variational Omni $2.75B, Popdex $336.4M. Open interest as each reports it: $841.0M and $92.7M. Variational Omni reports open interest as the sum of its traders' longs and shorts; Popdex reports one side. For the same positions Variational Omni's figure reads about twice as large. TVL: none published and $76.6M.