Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against Variational Omni−0.567%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. BingX is 0.567% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.567% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$57 on $10k: about 58 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ALGO | 0.1113 | 0.0067 | pay 0.0067% / 8h | 5h 57m | $61K | $12K | — |
| Short | BingX ALGO-USDT | 0.1107 | 0.0100 | get 0.0100% / 8h | 5h 57m | — | $3.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.83
- Price spread: −0.567% → 0.000%
- −$56.66
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$59.83
- Costs to cover
- 0.100%
- Break-even
- 68.3 days
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 8 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 8 min ago | 6.27 bp | 19.6 bp −$20 | 38.4 bp −$384 | 194.0 bp −$19.4K | 664.1 bp −$332.0K |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ALGO on 21 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0202% | 1h | 0.1106 | −0.585% | $100K | $49K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L −0.0001% / S +0.0003% | 1h | 0.1107 | −0.524% | $16K | — | 150x | as long as short |
| Coinbase International ALGO-PERP-INTX | +0.0032% | 1h | 0.1120 | +0.646% | $71K | $283K | 50x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.637% | $834 | $233K | 12x | as long as short |
| Variational Omni ALGOlong | +0.0067% | 8h | 0.1113 | long leg | $61K | $12K | — | |
| Hyperliquid ALGO | +0.0100% | 1h | 0.1109 | −0.378% | $3.7M | $2.0M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1107 | −0.509% | $44K | $41K | 5x | as long as short |
| Binance ALGOUSDT | +0.0100% | 8h | 0.1107 | −0.549% | $9.7M | $34.6M | 75x | as long as short |
| Bybit ALGOUSDT | +0.0100% | 8h | 0.1106 | −0.585% | $11.4M | $12.2M | 75x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1107 | −0.531% | $2.9M | $7.6M | 50x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ALGO_USDT | +0.0100% | 8h | 0.1105 | −0.701% | $865K | $847K | 50x | as long as short |
| MEXC ALGO_USDT | +0.0100% | 8h | 0.1107 | −0.558% | $22.6M | $3.0M | 200x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1107 | −0.504% | $3.5M | $1.5M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1107 | −0.531% | $5.5M | $3.5M | 75x | as long as short |
| BingX ALGO-USDTshort | +0.0100% | 8h | 0.1107 | −0.567% | — | $3.3M | — | |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1109 | −0.333% | $60K | $140K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1111 | −0.171% | $3.8M | $1.8M | 50x | as long as short |
| Extended ALGO-USD | +0.0104% | 1h | 0.1106 | −0.599% | $4K | $232K | 10x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0313% | 1h | 0.1106 | −0.579% | $7K | — | 100x | as long as short |
| Kraken Futures PF_ALGOUSD | +0.0356% | 1h | 0.1109 | −0.339% | $821K | $1.1M | 50x | as long as short |
| dYdX ALGO-USD | +0.1965% | 1h | 0.1107 | −0.488% | $160K | $4K | 5x | as long as short |
Variational Omni ALGO
BingX ALGO-USDT
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Coinbase International ALGO-PERP-INTX
Injective ALGO/USDC PERP
Hyperliquid ALGO
Aster ALGOUSDT
Binance ALGOUSDT
Bybit ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
MEXC ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
HTX ALGO-USDT
Phemex ALGOUSDT
Extended ALGO-USD
GMX ALGO/USD [WBTC.b-USDC]
Kraken Futures PF_ALGOUSD