Funding you earn now, next payment 00:00 UTC+0.0241%/8h= +26.4% APRnext payment +$1.21 per $10,000 · paid last 24h +0.009%
Price spread now: Variational Omni against HTX−0.130%7-day average +0.153% · 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)+0.037%+$4 on $10k
+Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.130%, 7d avg +0.153%
=Together, before fees+0.447%+ Points / potential airdropVariational Omni: Active · farm board+$45 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.283% cheaper against HTX than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of +0.153%). If the spread goes back, that is −$28 on $10k: about 3.9 days of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.037% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.037% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 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 | HTX ETHFI-USDT | 0.7124 | −0.0141 | get 0.0071% / 4h | 2h 21m | $83K | $165K | 20x |
| Short | Variational Omni ETHFI | 0.7115 | 0.0100 | get 0.0050% / 4h | 2h 21m | $1.0M | $718K | — |
HTX ETHFI-USDT
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- $50.66
- Price spread: −0.130% → +0.153%
- −$28.28
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $10.37
- Costs to cover
- 0.120%
- Break-even
- 5.6 days
Slippage unknown: HTX: live order book, 65 min ago; Variational Omni: RFQ quote, 3 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 HTX live order book, 65 min ago | 35.02 bp | 42.2 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 4.90 bp | doesn't fit | 45.5 bp −$455 | doesn't fit | doesn't fit |
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0728% | 1h | 0.7152 | +0.393% | $42K | $18K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0213% | 1h | 0.7160 | +0.510% | $282K | $144K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0168% | 4h | 0.7150 | +0.365% | $16K | $1K | 10x | as long as short |
| HTX ETHFI-USDTlong | −0.0141% | 4h | 0.7124 | long leg | $83K | $165K | 20x | |
| Paradex ETHFI-USD-PERP | +0.0033% | 8h | 0.7147 | +0.326% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +1.628% | $321 | $51K | 5.5x | as long as short |
| Bitget ETHFIUSDT | +0.0042% | 4h | 0.7147 | +0.323% | $6.1M | $5.6M | 75x | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7147 | +0.325% | $92K | $495K | 10x | as long as short |
| MEXC ETHFI_USDT | +0.0088% | 4h | 0.7148 | +0.337% | $15.2M | $3.8M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0089% | 4h | 0.7147 | +0.329% | $24.9M | $36.9M | 75x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Injective ETHFI/USDC PERP
Bitget ETHFIUSDT
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7154 | +0.418% | $1.1M | $909K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7155 | +0.435% | $18.3M | $8.8M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7152 | +0.397% | $183K | $255K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7154 | +0.421% | $18.3M | $12.8M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7153 | +0.407% | $4.9M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7151 | +0.379% | $1.7M | $2.1M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7149 | +0.351% | $1.2M | $270K | 50x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.7150 | +0.365% | — | $1.2M | — | as long as short |
| Variational Omni ETHFIshort | +0.0100% | 4h | 0.7115 | −0.130% | $1.0M | $718K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7154 | +0.421% | $60K | $85K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7153 | +0.407% | $1K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7146 | +0.313% | $9K | — | 3x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0152% | 1h | 0.7157 | +0.463% | $31K | $9K | 50x | as long as short |
| BloFin ETHFI-USDT | +0.0329% | 4h | 0.7148 | +0.337% | $1.3M | $295K | 75x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
Coinbase International ETHFI-PERP-INTX
BloFin ETHFI-USDT