Funding you earn now, next payment 04:00 UTC−0.1180%/8h= −129.2% APRpaid last 24h −0.355%
Price spread now: Variational Omni against Lighter−0.377%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 airdropLighter: Season 3 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Variational Omni is 0.377% cheaper against Lighter than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter APEX | 0.2567 | 0.1280 | pay 0.0160% / 1h | 19m 13s | $56K | $21K | 5x |
| Short | Variational Omni APEX | 0.2557 | 0.0100 | get 0.0050% / 4h | 19m 13s | $19K | $6K | — |
Lighter APEX
Variational Omni APEXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$247.8
- Price spread: −0.377% → 0.000%
- −$37.69
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$285.49
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Variational Omni: no order-book sample. 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Lighter and 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.
APEX on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin APEX-USDT | +0.0071% | 4h | 0.2556 | −0.417% | $94K | $3K | 25x | as long as short |
| Bybit APEXUSDT | +0.0100% | 4h | 0.2559 | −0.300% | $3.6M | $1.3M | 25x | as long as short |
| MEXC APEX_USDT | +0.0100% | 4h | 0.2557 | −0.378% | $583K | $246K | 50x | as long as short |
| BingX APEX-USDT | +0.0100% | 4h | 0.2556 | −0.417% | — | $1.3M | — | as long as short |
| Variational Omni APEXshort | +0.0100% | 4h | 0.2557 | −0.377% | $19K | $6K | — | |
| ApeX Omni APEXUSDT | +0.0100% | 1h | 0.2584 | +0.674% | $138K | $422K | 50x | as long as short |
| Hyperliquid APEX | +0.1236% | 1h | 0.2564 | −0.105% | $2.9M | $113K | 3x | as long as short |
| Lighter APEXlong | +0.1280% | 1h | 0.2567 | long leg | $56K | $21K | 5x |
BloFin APEX-USDT
Bybit APEXUSDT
MEXC APEX_USDT
BingX APEX-USDT
ApeX Omni APEXUSDT
Hyperliquid APEX