Funding you earn now, next payment 04:00 UTC−0.0448%/8h= −49.0% APRnext payment −$2.24 per $10,000 · paid last 24h −0.424%
Price spread now: Variational Omni against BloFin−0.262%71s7-day average −0.118% · 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)−0.883%−$88 on $10k
+Price spread, last 4 days (all we have)+1.788%+$179 · spread now −0.262%, 7d avg −0.118%
=Together, before fees+0.905%+ Points / potential airdropVariational Omni: Active · farm board+$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.144% cheaper against BloFin than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.118%). Swap the legs. The two prices were read 71 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 | BloFin S-USDT | 0.04121 | 0.0340 | pay 0.0170% / 4h | 1h 09m | $283K | $105K | 75x |
| Short | Variational Omni S | 0.04110 | −0.0108 | pay 0.0054% / 4h | 1h 09m | $636K | $31K | — |
BloFin S-USDT
Variational Omni SFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$94.02
- Price spread: −0.262% → −0.118%
- −$14.36
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$120.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 29 min ago; Variational Omni: RFQ quote, 54 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 BloFin live order book, 29 min ago | 2.44 bp | 23.5 bp −$24 | 55.4 bp −$554 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 54 min ago | 9.85 bp | doesn't fit | 101.0 bp −$1,010 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −1.1704% | 1h | 0.03970 | −3.664% | $25K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1672% | 1h | 0.04109 | −0.286% | $34K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −2.402% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04111 | −0.250% | $1K | — | 100x | as long as short |
| Variational Omni Sshort | −0.0108% | 4h | 0.04110 | −0.262% | $636K | $31K | — | |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04110 | −0.263% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04114 | −0.181% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −0.510% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0068% | 4h | 0.04112 | −0.218% | $102K | $327K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04117 | −0.097% | $172K | $157K | 5x | as long as short |
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDC
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04115 | −0.153% | $1.0M | $558K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04114 | −0.164% | $45K | $133K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04115 | −0.146% | $5.7M | $13.8M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04104 | −0.413% | $5.9M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04107 | −0.340% | $1.1M | $4.0M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04112 | −0.218% | $338K | $201K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04105 | −0.388% | $4.0M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04114 | −0.170% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04107 | −0.340% | $1.2M | $2.1M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04112 | −0.218% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04120 | −0.024% | $25K | $451K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04104 | −0.408% | $231K | $1.1M | 10x | as long as short |
| BloFin S-USDTlong | +0.0340% | 4h | 0.04121 | long leg | $283K | $105K | 75x | |
| Deribit S_USDC-PERPETUAL | +0.0722% | 1h | 0.04118 | −0.073% | $69K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1557% | 1h | 0.04120 | −0.024% | $122K | $374K | 5x | as long as short |
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP