Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.172%
Price spread now: Variational Omni against Deribit−0.290%7-day average −0.089% · 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)+0.594%+$59 on $10k
+Price spread, last 3 days (all we have)+0.408%+$41 · spread now −0.290%, 7d avg −0.089%
=Together, before fees+1.002%+ Points / potential airdropVariational Omni: Active · farm board+$100 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.202% cheaper against Deribit than usual: you would sell low and buy high (spread −0.290% now, against its 7-day average of −0.089%). If the spread goes back, that is −$20 on $10k: about 6.7 days of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.594% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit DOT_USDC-PERPETUAL | 1.2018 | 0 | get 0.0000% / 1h | 31m 02s | $220K | $117K | 50x |
| Short | Variational Omni DOT | 1.1983 | 0.0100 | get 0.0100% / 8h | 1h 31m | $546K | $63K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $21
- Price spread: −0.290% → −0.089%
- −$20.17
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$6.17
- Costs to cover
- 0.070%
- Break-even
- 9.1 days
Slippage unknown: Deribit: live order book, 52 min ago; Variational Omni: RFQ quote, 53 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 Deribit live order book, 52 min ago | 9.54 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 3.18 bp | doesn't fit | 26.9 bp −$269 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.2013 | −0.037% | $260 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0128% | 1h | 1.2020 | +0.017% | $185K | $1.8M | 50x | as long as short |
| Kraken Futures PF_DOTUSD | −0.0053% | 1h | 1.2017 | −0.007% | $4.5M | $1.4M | 50x | as long as short |
| Injective DOT/USDC PERP | −0.0040% | 1h | 1.2020 | +0.017% | $328 | $121K | 12x | as long as short |
| OKX DOT-USDT-SWAP | −0.0024% | 8h | 1.1999 | −0.158% | $9.5M | $23.6M | 50x | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.2031 | +0.104% | $145K | $6K | 10x | as long as short |
| Deribit DOT_USDC-PERPETUALlong | 0.0000% | 1h | 1.2018 | long leg | $220K | $117K | 50x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.2020 | +0.018% | $5K | — | 150x | as long as short |
| KuCoin DOTUSDTM | +0.0026% | 8h | 1.2011 | −0.058% | $6.8M | $8.6M | 75x | as long as short |
| MEXC DOT_USDT | +0.0085% | 8h | 1.2001 | −0.141% | $27.3M | $36.9M | 300x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0088% | 8h | 1.1998 | −0.170% | $44.1M | $80.8M | 75x | as long as short |
| Extended DOT-USD | +0.0088% | 1h | 1.2004 | −0.115% | $15K | $235K | 25x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.2001 | −0.139% | $252K | $594K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.2010 | −0.067% | $5.3M | $3.2M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.2005 | −0.105% | $892K | $649K | 50x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1994 | −0.200% | $24.5M | $17.9M | 75x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.2000 | −0.150% | $6.8M | $11.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.2000 | −0.150% | $23.0M | $14.2M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.2006 | −0.100% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1998 | −0.166% | $99K | $125K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1983 | −0.290% | $546K | $63K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.2016 | −0.019% | $35K | $333K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.2009 | −0.076% | $233K | $456K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.2010 | −0.067% | $8K | $24K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.2025 | +0.058% | $1K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.2007 | −0.092% | $248K | $219K | 75x | as long as short |
| BloFin DOT-USDT | +0.0208% | 8h | 1.2024 | +0.050% | $2.2M | $766K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0304% / S −0.1025% | 1h | 1.2022 | +0.035% | $23K | — | 100x | as long as short |
| Phemex DOTUSDT | +0.0312% | 8h | 1.2010 | −0.067% | $2.2M | $2.1M | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Variational Omni DOT
Coinbase International DOT-PERP-INTX
Kraken Futures PF_DOTUSD
Injective DOT/USDC PERP
OKX DOT-USDT-SWAP
gTrade (Gains Network) DOT/USD
KuCoin DOTUSDTM
MEXC DOT_USDT
Binance DOTUSDT
Extended DOT-USD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Bybit DOTUSDT
Gate DOT_USDT
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
SunX DOT-USDT
HTX DOT-USDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Phemex DOTUSDT