Funding you earn now, next payment 04:00 UTC−0.1718%/8h= −188.1% APRnext payment −$8.59 per $10,000 · paid last 24h −0.170%
Price spread now: Variational Omni against Binance−0.145%7-day average — · 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)—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 −$52 a day on $10k at the current rate, and Variational Omni is 0.145% cheaper against Binance than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MUSDT | 1.4428 | 0.1836 | pay 0.0918% / 4h | 3h 07m | $5.6M | $4.1M | 10x |
| Short | Variational Omni M | 1.4407 | 0.0119 | get 0.0059% / 4h | 3h 07m | $90K | $43K | — |
Binance MUSDT
Variational Omni MFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$360.7
- Price spread: −0.145% → 0.000%
- −$14.48
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$385.18
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Variational Omni: no order-book sample. 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 Binance live order book, 1 min ago | 1.74 bp | 31.6 bp −$32 | 383.4 bp −$3,834 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4420 | −0.056% | $4.5M | $2.0M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4393 | −0.243% | $1.9M | $894K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4433 | +0.035% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4446 | +0.125% | $2K | $657K | 20x | as long as short |
| Variational Omni Mshort | +0.0119% | 4h | 1.4407 | −0.145% | $90K | $43K | — | |
| Bitget MUSDT | +0.0276% | 4h | 1.4418 | −0.069% | $1.9M | $258K | 10x | as long as short |
| Aster MUSDT | +0.1427% | 4h | 1.4411 | −0.118% | $15K | $115K | 5x | as long as short |
| BingX M-USDT | +0.1712% | 4h | 1.4414 | −0.097% | — | $2.4M | — | as long as short |
| MEXC M_USDT | +0.1820% | 4h | 1.4416 | −0.083% | $242K | $113K | 50x | as long as short |
| Binance MUSDTlong | +0.1836% | 4h | 1.4428 | long leg | $5.6M | $4.1M | 10x |
Bybit MUSDT
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Bitget MUSDT
Aster MUSDT
BingX M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1871% | 4h | 1.4417 | −0.076% | $354K | $426K | 10x | as long as short |
| KuCoin MUSDTM | +0.3730% | 4h | 1.4300 | −0.889% | $1.4M | $4.1M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM