Funding you earn now, next payment 00:00 UTC−0.0043%/8h= −4.8% APRpaid last 24h −0.016%
Price spread now: Variational Omni against edgeX−0.026%89s7-day average +0.004% · 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)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.026%, 7d avg +0.004%
=Together, before fees+0.077%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.030% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 89 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 | edgeX FILUSDC | 0.9793 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $45K | $294K | 10x |
| Short | Variational Omni FIL | 0.9790 | 0.0057 | get 0.0057% / 8h | 2h 00m | $436K | $277K | — |
edgeX FILUSDC
Variational Omni FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against edgeX. 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
- −$9.13
- Price spread: −0.026% → +0.004%
- −$2.97
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$21.1
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 23 min ago; Variational Omni: RFQ quote, 24 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 edgeX live order book, 23 min ago | 3.56 bp | 8.9 bp −$9 | 90.8 bp −$908 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 24 min ago | 3.55 bp | doesn't fit | 39.1 bp −$391 | doesn't fit | doesn't fit |
FIL 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.1381% | 1h | 0.9796 | +0.034% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0626% | 1h | 0.9792 | −0.010% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.646% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0304% | 1h | 0.9785 | −0.077% | $156K | $337K | 5x | as long as short |
| Bitget FILUSDT | −0.0028% | 8h | 0.9785 | −0.079% | $10.7M | $21.4M | 75x | as long as short |
| Bybit FILUSDT | −0.0026% | 8h | 0.9789 | −0.038% | $15.4M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9793 | +0.002% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9792 | −0.003% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0018% | 8h | 0.9788 | −0.048% | $18.0M | $95.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0021% | 8h | 0.9787 | −0.058% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Lighter FIL
Bitget FILUSDT
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.585% | $2K | $182K | 12x | as long as short |
| Variational Omni FILshort | +0.0057% | 8h | 0.9790 | −0.026% | $436K | $277K | — | |
| MEXC FIL_USDC | +0.0080% | 8h | 0.9783 | −0.099% | $249K | $106K | 50x | as long as short |
| Binance FILUSDT | +0.0086% | 8h | 0.9789 | −0.038% | $56.2M | $174.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0086% | 8h | 0.9788 | −0.048% | — | $11.9M | — | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9787 | −0.057% | $685K | $2.3M | 10x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9789 | −0.041% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9792 | −0.011% | $484K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9786 | −0.069% | $7.7M | $16.4M | 50x | as long as short |
| edgeX FILUSDClong | +0.0100% | 4h | 0.9793 | long leg | $45K | $294K | 10x | |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9772 | −0.208% | $286K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9780 | −0.130% | $29K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9800 | +0.073% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9790 | −0.028% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9789 | −0.038% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9795 | +0.023% | $620K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9790 | −0.028% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0206% | 8h | 0.9786 | −0.069% | $2.6M | $643K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0613% / S −0.0742% | 1h | 0.9794 | +0.010% | $212K | — | 100x | as long as short |
Injective FIL/USDC PERP
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Extended FIL-USD
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]