Funding you earn now, next payment 08:00 UTC+0.0143%/8h= +15.6% APRnext payment +$0.71 per $10,000 · paid last 24h +0.363%
Price spread now: Gate against Variational Omni+1.337%7-day average +0.113% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.655%+$66 on $10k
+Price spread, last 4 days (all we have)−1.835%−$183 · spread now +1.337%, 7d avg +0.113%
=Together, before fees−1.179%+ Points / potential airdropVariational Omni: Active · farm board−$118 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 1.223% dearer against Variational Omni than usual: you sell high and buy low: +$122 more if the spread goes back to its 7-day average of +0.113%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.03942 | −0.0043 | get 0.0021% / 4h | 3h 56m | $612K | $30K | — |
| Short | Gate S_USDT | 0.03995 | 0.0100 | get 0.0050% / 4h | 3h 56m | $326K | $188K | 50x |
Variational Omni S
Gate S_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $29.95
- Price spread: +1.337% → +0.113%
- $122.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $137.29
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Gate: live order book, 59 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 Variational Omni RFQ quote, 63 min ago | 7.31 bp | doesn't fit | 97.5 bp −$975 | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 8.55 bp | 86.8 bp −$87 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.2252% | 1h | 0.03956 | +0.356% | $33K | $13K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1344% | 1h | 0.03928 | −0.363% | $47K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04005 | +1.593% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03999 | +1.441% | $4 | — | 15x | as long as short |
| Variational Omni Slong | −0.0043% | 4h | 0.03942 | long leg | $612K | $30K | — | |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04006 | +1.616% | $617 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.000% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0073% | 4h | 0.03961 | +0.474% | $98K | $271K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04001 | +1.489% | $168K | $155K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03999 | +1.428% | $1.0M | $596K | 5x | as long as short |
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 S
Hyperliquid SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SUSDT | +0.0100% | 4h | 0.03999 | +1.441% | $44K | $139K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04008 | +1.666% | $5.5M | $14.0M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03997 | +1.387% | $5.7M | $4.6M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04000 | +1.463% | $1.0M | $3.9M | 20x | as long as short |
| Gate S_USDTshort | +0.0100% | 4h | 0.03995 | +1.337% | $326K | $188K | 50x | |
| MEXC S_USDT | +0.0100% | 4h | 0.03999 | +1.438% | $3.7M | $1.7M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04000 | +1.463% | $1.8M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04003 | +1.539% | $1.2M | $2.3M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04006 | +1.616% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03940 | −0.059% | $24K | $461K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03997 | +1.398% | $225K | $1.1M | 10x | as long as short |
| 01 Exchange SUSD | +0.0208% | 1h | 0.03970 | +0.702% | $25K | $2K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03949 | +0.170% | $269K | $99K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.1012% | 1h | 0.03968 | +0.652% | $67K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.2167% | 1h | 0.03970 | +0.702% | $115K | $424K | 5x | as long as short |
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
01 Exchange SUSD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP