Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.038%
Price spread now: Variational Omni against Reya−0.288%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 airdropReya: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.288% cheaper against Reya than usual: you would sell low and buy high (−$29 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 | Reya MERUSDPERP | 0.07506 | 0.0228 | pay 0.0028% / 1h | 44m 59s | $26K | — | 15x |
| Short | Variational Omni ME | 0.07485 | 0.0100 | get 0.0050% / 4h | 1h 44m | $12K | $2K | — |
Reya MERUSDPERP
Variational Omni MEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Reya. 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
- −$26.83
- Price spread: −0.288% → 0.000%
- −$28.81
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$61.64
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Reya: no order-book sample; 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 Reya no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Reya and 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.
ME on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ME | +0.0100% | 1h | 0.07512 | +0.076% | $235K | $112K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07505 | −0.018% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07511 | +0.061% | $2.1M | $4.2M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07503 | −0.044% | $1.5M | $826K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07505 | −0.018% | $475K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07510 | +0.049% | $194K | $74K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07509 | +0.036% | $498K | $129K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07518 | +0.156% | $215K | $32K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07511 | +0.062% | $644K | $426K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07509 | +0.036% | — | $1.3M | — | as long as short |
Hyperliquid ME
Aster MEUSDT
Binance MEUSDT
Bybit MEUSDT
OKX ME-USDT-SWAP
Gate ME_USDT
MEXC ME_USDT
KuCoin MEUSDTM
Bitget MEUSDT
BingX ME-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEshort | +0.0100% | 4h | 0.07485 | −0.288% | $12K | $2K | — | |
| BloFin ME-USDT | +0.0146% | 4h | 0.07503 | −0.044% | $108K | $9K | 50x | as long as short |
| Reya MERUSDPERPlong | +0.0228% | 1h | 0.07506 | long leg | $26K | — | 15x |
BloFin ME-USDT