Funding you earn now, next payment 11:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h −0.066%
Price spread now: Variational Omni against GMX−0.225%65s7-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 −$6 a day on $10k at the current rate, and Variational Omni is 0.225% cheaper against GMX than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 65 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 DOT/USD [WBTC.b-USDC] | 1.1611 | L +0.0296% / S −0.0987% | pay 0.0037% / 1h | 29m 19s | $21K | — | 100x |
| Short | Variational Omni DOT | 1.1585 | 0.0100 | get 0.0100% / 8h | 5h 29m | $528K | $31K | — |
GMX DOT/USD [WBTC.b-USDC]
Variational Omni DOTFunding 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
- −$41.09
- Price spread: −0.225% → 0.000%
- −$22.52
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$75.61
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 18 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, 18 min ago | 3.17 bp | doesn't fit | 16.0 bp −$160 | 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.
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.1983% | 1h | 1.1617 | +0.052% | $253K | $164K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0168% | 1h | 1.1610 | −0.008% | $169K | $1.7M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1597 | −0.122% | $251 | — | — | as long as short |
| dYdX DOT-USD | 0.0000% | 1h | 1.1614 | +0.028% | $140K | $6K | 10x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1594 | −0.146% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.523% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1605 | −0.054% | $243K | $620K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1607 | −0.034% | $5.5M | $3.8M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1607 | −0.032% | $836K | $446K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1605 | −0.049% | $42.5M | $79.9M | 75x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
dYdX DOT-USD
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1597 | −0.120% | $23.8M | $18.5M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1598 | −0.111% | $8.9M | $22.7M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1600 | −0.094% | $6.6M | $10.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1607 | −0.034% | $32.2M | $68.7M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1606 | −0.042% | $6.0M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1600 | −0.094% | $22.5M | $13.5M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1599 | −0.103% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1612 | +0.009% | $87K | $133K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1585 | −0.225% | $528K | $31K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1589 | −0.186% | $34K | $335K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1600 | −0.094% | $224K | $397K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1600 | −0.094% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1625 | +0.121% | $2K | $1.2M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1602 | −0.077% | $262K | $263K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1620 | +0.078% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1601 | −0.086% | $14K | $268K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1599 | −0.103% | $1.9M | $795K | 75x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0258% | 1h | 1.1613 | +0.021% | $4.3M | $1.5M | 50x | as long as short |
| GMX DOT/USD [WBTC.b-USDC]long | L +0.0296% / S −0.0987% | 1h | 1.1611 | long leg | $21K | — | 100x |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
Kraken Futures PF_DOTUSD