Funding you earn now, next payment 11:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.066%
Price spread now: Variational Omni against GMX+0.001%80s7-day average −0.162% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)−0.850%−$85 · spread now +0.001%, 7d avg −0.162%
=Together, before fees−0.665%+ Points / potential airdropVariational Omni: Active · farm board−$67 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.164% dearer against GMX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.162%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX AR/USD [WBTC.b-USDC] | 4.2999 | L −0.0140% / S +0.0550% | get 0.0018% / 1h | 27m 53s | $552K | — | 50x |
| Short | Variational Omni AR | 4.3000 | 0.0100 | get 0.0100% / 8h | 5h 27m | $244K | $529K | — |
GMX AR/USD [WBTC.b-USDC]
Variational Omni ARFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- $50.47
- Price spread: +0.001% → −0.162%
- $16.36
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $54.82
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 19 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 19 min ago | 3.86 bp | doesn't fit | 87.5 bp −$875 | doesn't fit | doesn't fit |
GMX: 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.
AR on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX AR/USD [WBTC.b-USDC]long | L −0.0140% / S +0.0550% | 1h | 4.2999 | long leg | $552K | — | 50x | |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.4240 | +2.885% | $2K | $5K | 5.5x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.3093 | +0.218% | $3.9M | $3.7M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.3069 | +0.162% | $31K | $186K | 10x | as long as short |
| Binance ARUSDT | +0.0100% | 8h | 4.3060 | +0.141% | $8.4M | $40.1M | 75x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.3060 | +0.141% | $4.4M | $7.5M | 75x | as long as short |
| OKX AR-USDT-SWAP | +0.0100% | 8h | 4.3030 | +0.071% | $2.2M | $12.2M | 20x | as long as short |
| Gate AR_USDT | +0.0100% | 8h | 4.3060 | +0.141% | $2.2M | $3.6M | 50x | as long as short |
| MEXC AR_USDT | +0.0100% | 8h | 4.3060 | +0.141% | $6.3M | $3.4M | 100x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.3010 | +0.025% | $1.0M | $1.1M | 50x | as long as short |
Injective AR/USDC PERP
Hyperliquid AR
Aster ARUSDT
Binance ARUSDT
Bybit ARUSDT
OKX AR-USDT-SWAP
Gate AR_USDT
MEXC AR_USDT
KuCoin ARUSDTMShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARUSDT | +0.0100% | 8h | 4.3020 | +0.048% | $3.7M | $4.5M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.3040 | +0.094% | — | $2.7M | — | as long as short |
| Variational Omni ARshort | +0.0100% | 8h | 4.3000 | +0.001% | $244K | $529K | — | |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.3020 | +0.048% | $20K | $697K | 50x | as long as short |
| Extended AR-USD | +0.0104% | 1h | 4.3047 | +0.110% | $37K | $247K | 10x | as long as short |
| BloFin AR-USDT | +0.0220% | 8h | 4.2970 | −0.068% | $419K | $364K | 20x | as long as short |
| Kraken Futures PF_ARUSD | +0.0795% | 1h | 4.3091 | +0.212% | $47K | $152K | 20x | as long as short |
Bitget ARUSDT
BingX AR-USDT
ApeX Omni ARUSDT
Extended AR-USD
BloFin AR-USDT
Kraken Futures PF_ARUSD