Funding you earn now, next payment 12:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h −0.061%
Price spread now: Variational Omni against GMX−0.206%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.206% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 ATOM/USD [ETH-USDC] | 1.7436 | L +0.0197% / S −0.1340% | pay 0.0025% / 1h | 51m 28s | $2K | — | 120x |
| Short | Variational Omni ATOM | 1.7400 | 0.0019 | get 0.0019% / 8h | 4h 51m | $553K | $83K | — |
GMX ATOM/USD [ETH-USDC]
Variational Omni ATOMFunding 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
- −$37.43
- Price spread: −0.206% → 0.000%
- −$20.56
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$69.99
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 56 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, 56 min ago | 5.56 bp | doesn't fit | 29.7 bp −$297 | 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.
ATOM on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ATOM | −0.0929% | 1h | 1.7389 | −0.271% | $3.4M | $1.1M | 5x | as long as short |
| Deribit ATOM_USDC-PERPETUAL | −0.0151% | 1h | 1.7433 | −0.019% | $479 | — | 25x | as long as short |
| Bybit ATOMUSDT | −0.0114% | 8h | 1.7401 | −0.202% | $14.5M | $10.1M | 75x | as long as short |
| dYdX ATOM-USD | 0.0000% | 1h | 1.7442 | +0.033% | $65K | $9K | 10x | as long as short |
| gTrade (Gains Network) ATOM/USD | L 0.0000% / S +0.0001% | 1h | 1.7424 | −0.070% | $9K | — | 150x | as long as short |
| Kraken Futures PF_ATOMUSD | +0.0005% | 1h | 1.7449 | +0.073% | $2.8M | $776K | 50x | as long as short |
| Phemex ATOMUSDT | +0.0013% | 8h | 1.7430 | −0.036% | $1.5M | $2.0M | 50x | as long as short |
| Variational Omni ATOMshort | +0.0019% | 8h | 1.7400 | −0.206% | $553K | $83K | — | |
| Coinbase International ATOM-PERP-INTX | +0.0048% | 1h | 1.7490 | +0.308% | $23K | $6K | 25x | as long as short |
| Aster ATOMUSDT | +0.0100% | 8h | 1.7388 | −0.279% | $944K | $121K | 20x | as long as short |
Hyperliquid ATOM
Deribit ATOM_USDC-PERPETUAL
Bybit ATOMUSDT
dYdX ATOM-USD
gTrade (Gains Network) ATOM/USD
Kraken Futures PF_ATOMUSD
Phemex ATOMUSDT
Coinbase International ATOM-PERP-INTX
Aster ATOMUSDTShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ATOMUSDT | +0.0100% | 8h | 1.7410 | −0.150% | $20.8M | $34.3M | 75x | as long as short |
| OKX ATOM-USDT-SWAP | +0.0100% | 8h | 1.7390 | −0.265% | $5.0M | $6.0M | 50x | as long as short |
| Gate ATOM_USDT | +0.0100% | 8h | 1.7420 | −0.093% | $2.4M | $856K | 75x | as long as short |
| MEXC ATOM_USDT | +0.0100% | 8h | 1.7410 | −0.150% | $21.0M | $8.2M | 200x | as long as short |
| KuCoin ATOMUSDTM | +0.0100% | 8h | 1.7410 | −0.150% | $1.4M | $692K | 50x | as long as short |
| Bitget ATOMUSDT | +0.0100% | 8h | 1.7405 | −0.179% | $6.4M | $2.7M | 75x | as long as short |
| BingX ATOM-USDT | +0.0100% | 8h | 1.7410 | −0.150% | — | $43.8M | — | as long as short |
| edgeX ATOMUSDC | +0.0100% | 4h | 1.7403 | −0.191% | $429K | $296K | 10x | as long as short |
| GRVT ATOM_USDT_Perp | +0.0100% | 8h | 1.7400 | −0.207% | $745K | $2.4M | 10x | as long as short |
| HTX ATOM-USDT | +0.0100% | 8h | 1.7425 | −0.064% | $304K | $156K | 75x | as long as short |
| Extended ATOM-USD | +0.0104% | 1h | 1.7414 | −0.127% | $7K | $275K | 10x | as long as short |
| BloFin ATOM-USDT | +0.0124% | 8h | 1.7410 | −0.150% | $1.0M | $309K | 75x | as long as short |
| Injective ATOM/USDC PERP | +0.0131% | 1h | 1.7430 | −0.036% | $636 | $290K | 12x | as long as short |
| GMX ATOM/USD [ETH-USDC]long | L +0.0197% / S −0.1340% | 1h | 1.7436 | long leg | $2K | — | 120x | |
| Reya ATOMRUSDPERP | +0.0228% | 1h | 1.7404 | −0.184% | $2K | — | 25x | as long as short |
Binance ATOMUSDT
OKX ATOM-USDT-SWAP
Gate ATOM_USDT
MEXC ATOM_USDT
KuCoin ATOMUSDTM
Bitget ATOMUSDT
BingX ATOM-USDT
edgeX ATOMUSDC
GRVT ATOM_USDT_Perp
HTX ATOM-USDT
Extended ATOM-USD
BloFin ATOM-USDT
Injective ATOM/USDC PERP
Reya ATOMRUSDPERP