Funding you earn now, next payment 08:00 UTC−0.0350%/8h= −38.3% APRnext payment −$1.75 per $10,000 · paid last 24h −0.056%
Price spread now: Variational Omni against OKX−0.051%7-day average −0.079% · 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)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.051%, 7d avg −0.079%
=Together, before fees−0.031%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.028% dearer against OKX than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.079%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 4 days (−0.078% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.078% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.75 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX EDGE-USDT-SWAP | 0.5998 | 0.0450 | pay 0.0225% / 4h | 1h 05m | $3.8M | $6.1M | 20x |
| Short | Variational Omni EDGE | 0.5995 | 0.0100 | get 0.0050% / 4h | 1h 05m | $189K | $144K | — |
OKX EDGE-USDT-SWAP
Variational Omni EDGEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- −$73.47
- Price spread: −0.051% → −0.079%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$80.66
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 39 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 OKX live order book, 3 min ago | 2.50 bp | 20.0 bp −$20 | 133.6 bp −$1,336 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 min ago | 8.33 bp | doesn't fit | 446.4 bp −$4,464 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0216% | 1h | 0.5991 | −0.120% | $57K | $122K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5983 | −0.245% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5986 | −0.200% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5997 | −0.017% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5999 | +0.017% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5995 | −0.051% | $189K | $144K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.6010 | +0.200% | $4K | $3.0M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6018 | +0.333% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5955 | −0.717% | $3K | $642K | 10x | as long as short |
| Aster EDGEUSDT | +0.0313% | 4h | 0.5996 | −0.029% | $53K | $155K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAPlong | +0.0450% | 4h | 0.5998 | long leg | $3.8M | $6.1M | 20x | |
| MEXC EDGE_USDT | +0.0486% | 4h | 0.5995 | −0.050% | $1.1M | $807K | 50x | as long as short |
| Binance EDGEUSDT | +0.0487% | 4h | 0.5996 | −0.032% | $10.3M | $10.8M | 50x | as long as short |
| Extended EDGE-USD | +0.0488% | 1h | 0.5993 | −0.087% | $27K | $83K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0490% | 4h | 0.6022 | +0.399% | $14.4M | $3.7M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0495% | 4h | 0.6003 | +0.083% | $667K | $107K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0629% | 4h | 0.5993 | −0.083% | $2K | $1K | 10x | as long as short |
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
edgeX EDGEUSDC
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC