Funding you earn now, next payment 00:00 UTC+0.0326%/8h= +35.7% APRnext payment +$1.63 per $10,000 · paid last 24h +0.012%
Price spread now: OKX against Variational Omni−0.843%7-day average +0.066% · 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)+0.033%+$3 on $10k
+Price spread, last 3 days (all we have)+0.891%+$89 · spread now −0.843%, 7d avg +0.066%
=Together, before fees+0.924%+ Points / potential airdropVariational Omni: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.909% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.843% now, against its 7-day average of +0.066%). If the spread goes back, that is −$91 on $10k: about 9.3 days of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.033% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.033% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 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 | Variational Omni EDGE | 0.5852 | 0.0100 | pay 0.0050% / 4h | 2h 07m | $191K | $130K | — |
| Short | OKX EDGE-USDT-SWAP | 0.5803 | 0.0426 | get 0.0213% / 4h | 2h 07m | $3.5M | $5.7M | 20x |
Variational Omni EDGE
OKX EDGE-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Variational Omni. 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
- $68.48
- Price spread: −0.843% → +0.066%
- −$90.9
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$32.42
- Costs to cover
- 0.100%
- Break-even
- 10.3 days
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; OKX: live order book, 5 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 Variational Omni RFQ quote, 16 min ago | 9.38 bp | doesn't fit | 449.5 bp −$4,495 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.85 bp | 33.5 bp −$33 | 166.0 bp −$1,660 | 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 | −0.0104% | 1h | 0.5814 | −0.650% | $59K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5794 | −0.995% | $54K | $10K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5796 | −0.963% | $6.8M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5800 | −0.895% | $4.6M | $991K | 20x | as long as short |
| Variational Omni EDGElong | +0.0100% | 4h | 0.5852 | long leg | $191K | $130K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5870 | +0.306% | $2K | $1.7M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5856 | +0.062% | $8K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5778 | −1.270% | $3K | $603K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0130% | 4h | 0.5803 | −0.843% | $2.0M | $2.3M | 50x | as long as short |
| Aster EDGEUSDT | +0.0349% | 4h | 0.5808 | −0.751% | $67K | $135K | 5x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0376% | 1h | 0.5794 | −0.993% | $26K | $230K | 5x | as long as short |
| Binance EDGEUSDT | +0.0376% | 4h | 0.5807 | −0.775% | $9.9M | $10.0M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0378% | 4h | 0.5809 | −0.741% | $1.1M | $938K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0423% | 4h | 0.5871 | +0.327% | $14.0M | $3.4M | 30x | as long as short |
| OKX EDGE-USDT-SWAPshort | +0.0426% | 4h | 0.5803 | −0.843% | $3.5M | $5.7M | 20x | |
| BloFin EDGE-USDT | +0.0430% | 4h | 0.5868 | +0.267% | $633K | $125K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0448% | 4h | 0.5805 | −0.809% | $3K | — | 10x | as long as short |
Extended EDGE-USD
Binance EDGEUSDT
MEXC EDGE_USDT
edgeX EDGEUSDC
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC