Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: Variational Omni against GMX+0.212%7-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 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.212% dearer against GMX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MEW/USD [WBTC.b-USDC] | 0.0004670 | L 0.0000% / S 0.0000% | get 0.0000% / 1h | 45m 02s | — | — | 100x |
| Short | Variational Omni MEW | 0.0004680 | 0.0100 | get 0.0050% / 4h | 45m 02s | $82K | $32K | — |
GMX MEW/USD [WBTC.b-USDC]
Variational Omni MEWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against GMX. 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
- $21
- Price spread: +0.212% → 0.000%
- $21.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $30.23
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: GMX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
GMX 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.
MEW 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX MEW/USD [WBTC.b-USDC]long | L 0.0000% / S 0.0000% | 1h | 0.0004670 | long leg | — | — | 100x | |
| Injective MEW/USDC PERP | +0.0033% | 1h | 0.0004219 | −9.657% | $46 | $14K | 5.5x | as long as short |
| Binance MEWUSDT | +0.0100% | 4h | 0.0004677 | +0.150% | $1.1M | $2.7M | 50x | as long as short |
| Bybit MEWUSDT | +0.0100% | 4h | 0.0004676 | +0.128% | $1.5M | $1.0M | 25x | as long as short |
| OKX MEW-USDT-SWAP | +0.0100% | 4h | 0.0004672 | +0.043% | $526K | $670K | 20x | as long as short |
| Gate MEW_USDT | +0.0100% | 4h | 0.0004670 | 0.000% | $124K | $77K | 50x | as long as short |
| MEXC MEW_USDT | +0.0100% | 4h | 0.0004678 | +0.171% | $387K | $171K | 125x | as long as short |
| KuCoin MEWUSDTM | +0.0100% | 4h | 0.0004681 | +0.236% | $350K | $111K | 30x | as long as short |
| Bitget MEWUSDT | +0.0100% | 4h | 0.0004676 | +0.128% | $485K | $354K | 50x | as long as short |
| BingX MEW-USDT | +0.0100% | 4h | 0.0004674 | +0.086% | — | $24.2M | — | as long as short |
Injective MEW/USDC PERP
Binance MEWUSDT
Bybit MEWUSDT
OKX MEW-USDT-SWAP
Gate MEW_USDT
MEXC MEW_USDT
KuCoin MEWUSDTM
Bitget MEWUSDT
BingX MEW-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MEWshort | +0.0100% | 4h | 0.0004680 | +0.212% | $82K | $32K | — | |
| Kraken Futures PF_MEWUSD | +0.2267% | 1h | 0.0004680 | +0.216% | $93K | $129K | 10x | as long as short |
Kraken Futures PF_MEWUSD