Funding you earn now, next payment 16:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.58 per $10,000 · paid last 24h −0.026%
Price spread now: Variational Omni against HTX−0.071%7-day average −0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now −0.071%, 7d avg −0.073%
=Together, before fees−0.163%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX OP-USDT | 0.1227 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $167K | $263K | 50x |
| Short | Variational Omni OP | 0.1226 | 0.0042 | get 0.0042% / 8h | 4h 50m | $217K | $45K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against HTX. 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
- −$12.14
- Price spread: −0.071% → −0.073%
- $0.16
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$23.98
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: HTX: live order book, 54 min ago; Variational Omni: RFQ quote, 57 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 HTX live order book, 54 min ago | 14.96 bp | 29.5 bp −$29 | 3202.5 bp −$32.0K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 57 min ago | 4.05 bp | doesn't fit | 28.3 bp −$283 | doesn't fit | doesn't fit |
OP on 30 exchanges
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 OP/USD [OP-USDC] | L −0.1164% / S +0.0246% | 1h | 0.1227 | +0.043% | $13K | — | 100x | as long as short |
| Deribit OP_USDC-PERPETUAL | −0.0565% | 1h | 0.1226 | −0.057% | $30K | $112K | 25x | as long as short |
| Hyperliquid OP | −0.0551% | 1h | 0.1226 | −0.073% | $3.9M | $3.9M | 5x | as long as short |
| Binance OPUSDT | −0.0142% | 8h | 0.1229 | +0.179% | $19.0M | $65.5M | 75x | as long as short |
| MEXC OP_USDT | −0.0137% | 8h | 0.1226 | −0.065% | $21.4M | $7.1M | 300x | as long as short |
| Extended OP-USD | −0.0136% | 1h | 0.1226 | −0.018% | $103K | $650K | 25x | as long as short |
| Orderly PERP_OP_USDC | −0.0081% | 8h | 0.1225 | −0.139% | $12K | $231K | 10x | as long as short |
| Gate OP_USDT | −0.0076% | 8h | 0.1227 | +0.016% | $1.9M | $1.3M | 50x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0056% | 1h | 0.1233 | +0.514% | $24K | $68K | 50x | as long as short |
| Kraken Futures PF_OPUSD | −0.0054% | 1h | 0.1227 | +0.049% | $729K | $735K | 20x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT OP_USDT_Perp | −0.0032% | 8h | 0.1228 | +0.106% | $303K | $5.8M | 10x | as long as short |
| BloFin OP-USDT | −0.0016% | 8h | 0.1228 | +0.090% | $978K | $257K | 75x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1227 | +0.007% | $38K | $522 | 10x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1227 | +0.024% | — | — | 150x | as long as short |
| SoDEX OP-USD | +0.0032% | 1h | 0.1226 | −0.073% | $189 | $5K | 5x | as long as short |
| Injective OP/USDC PERP | +0.0033% | 1h | 0.1231 | +0.351% | $34K | $67K | 12x | as long as short |
| Variational Omni OPshort | +0.0042% | 8h | 0.1226 | −0.071% | $217K | $45K | — | |
| Aevo OP-PERP | +0.0048% | 1h | 0.1225 | −0.139% | $3K | $1K | 3x | as long as short |
| KuCoin OPUSDTM | +0.0062% | 8h | 0.1225 | −0.139% | $2.9M | $5.4M | 75x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1226 | −0.016% | $251K | $1.1M | 15x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1228 | +0.106% | $203K | $211K | 10x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1229 | +0.147% | $17.7M | $24.3M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1229 | +0.204% | $5.9M | $26.7M | 50x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1227 | +0.024% | $5.8M | $6.7M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1228 | +0.106% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1226 | −0.082% | $111K | $215K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1228 | +0.066% | $4K | $1.1M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1228 | +0.106% | $42K | $686K | 50x | as long as short |
| HTX OP-USDTlong | +0.0100% | 8h | 0.1227 | long leg | $167K | $263K | 50x | |
| Reya OPRUSDPERP | +0.0447% | 1h | 0.1226 | −0.095% | $681 | — | 20x | as long as short |
HTX OP-USDT
Variational Omni OP
GMX OP/USD [OP-USDC]
Deribit OP_USDC-PERPETUAL
Hyperliquid OP
Binance OPUSDT
MEXC OP_USDT
Extended OP-USD
Gate OP_USDT
Coinbase International OP-PERP-INTX
Kraken Futures PF_OPUSD
GRVT OP_USDT_Perp
BloFin OP-USDT
gTrade (Gains Network) OP/USD
SoDEX OP-USD
Injective OP/USDC PERP
KuCoin OPUSDTM
Lighter OP
Aster OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT