Funding you earn now, next payment 05:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.038%
Price spread now: Reya against Variational Omni+0.040%55s7-day average — · you sell dearer than you buy
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 · Reya: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Reya is 0.040% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 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 | Variational Omni ME | 0.07518 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $12K | $2K | — |
| Short | Reya MERUSDPERP | 0.07521 | 0.0228 | get 0.0028% / 1h | 20m 41s | $26K | — | 15x |
Variational Omni ME
Reya MERUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- $26.83
- Price spread: +0.040% → 0.000%
- $3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $24.82
- Costs to cover
- 0.060%
- Break-even
- 0.5 days
Slippage unknown: Variational Omni: no order-book sample; Reya: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Variational Omni and Reya: 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 | 0.07525 | +0.091% | $235K | $109K | 3x | as long as short |
| Aster MEUSDT | +0.0100% | 4h | 0.07510 | −0.109% | $13K | $21K | 5x | as long as short |
| Binance MEUSDT | +0.0100% | 4h | 0.07531 | +0.170% | $2.2M | $4.1M | 50x | as long as short |
| Bybit MEUSDT | +0.0100% | 4h | 0.07528 | +0.131% | $1.6M | $791K | 25x | as long as short |
| OKX ME-USDT-SWAP | +0.0100% | 4h | 0.07516 | −0.029% | $470K | $1.2M | 20x | as long as short |
| Gate ME_USDT | +0.0100% | 8h | 0.07510 | −0.109% | $191K | $72K | 50x | as long as short |
| MEXC ME_USDT | +0.0100% | 4h | 0.07526 | +0.104% | $499K | $131K | 20x | as long as short |
| KuCoin MEUSDTM | +0.0100% | 4h | 0.07525 | +0.091% | $213K | $31K | 30x | as long as short |
| Bitget MEUSDT | +0.0100% | 4h | 0.07525 | +0.091% | $647K | $438K | 25x | as long as short |
| BingX ME-USDT | +0.0100% | 4h | 0.07526 | +0.104% | — | $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 MElong | +0.0100% | 4h | 0.07518 | long leg | $12K | $2K | — | |
| BloFin ME-USDT | +0.0142% | 4h | 0.07503 | −0.202% | $109K | $8K | 50x | as long as short |
| Reya MERUSDPERPshort | +0.0228% | 1h | 0.07521 | +0.040% | $26K | — | 15x |
BloFin ME-USDT