Funding you earn now, next payment 04:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.95 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against MEXC−0.024%7-day average +0.014% · 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)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.269%+$27 · spread now −0.024%, 7d avg +0.014%
=Together, before fees+0.270%+ Points / potential airdropVariational Omni: Active · farm board+$27 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.038% cheaper against MEXC than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.001% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NIL_USDT | 0.07209 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $2.4M | $4.3M | 100x |
| Short | Variational Omni NIL | 0.07207 | 0.0291 | get 0.0145% / 4h | 1h 58m | $197K | $271K | — |
MEXC NIL_USDT
Variational Omni NILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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
- $40.04
- Price spread: −0.024% → +0.014%
- −$3.83
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $32.22
- Costs to cover
- 0.040%
- Break-even
- 1.4 days
Slippage unknown: MEXC: live order book, 4 min ago; Variational Omni: RFQ quote, 6 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 MEXC live order book, 4 min ago | 4.18 bp | 19.4 bp −$19 | 105.4 bp −$1,054 | 294.1 bp −$29.4K | 608.1 bp −$304.1K |
| Sell Variational Omni RFQ quote, 6 min ago | 6.28 bp | doesn't fit | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
NIL on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NILUSDT | +0.0100% | 4h | 0.07205 | −0.057% | $23K | $339K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07214 | +0.071% | $5.6M | $74.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07220 | +0.153% | $4.0M | $13.5M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07196 | −0.180% | $461K | $1.9M | 50x | as long as short |
| MEXC NIL_USDTlong | +0.0100% | 4h | 0.07209 | long leg | $2.4M | $4.3M | 100x | |
| KuCoin NILUSDTM | +0.0100% | 4h | 0.07204 | −0.069% | $547K | $655K | 30x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07208 | −0.014% | $1.9M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07216 | +0.097% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07211 | +0.032% | $17K | $96K | 5x | as long as short |
| Variational Omni NILshort | +0.0291% | 4h | 0.07207 | −0.024% | $197K | $271K | — |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
KuCoin NILUSDTM
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.1647% | 1h | 0.07236 | +0.370% | $4.6M | $4.5M | 3x | as long as short |
Hyperliquid NIL