Funding you earn now, next payment 12:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.78 per $10,000 · paid last 24h +0.275%
Price spread now: MEXC against Variational Omni−0.076%7-day average +0.158% · 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)+0.666%+$67 on $10k
+Price spread, last 4 days (all we have)−0.771%−$77 · spread now −0.076%, 7d avg +0.158%
=Together, before fees−0.105%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.234% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of +0.158%). If the spread goes back, that is −$23 on $10k: about 5.0 days of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.666% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.04316 | −0.0056 | get 0.0028% / 4h | 3h 33m | $670K | $7K | — |
| Short | MEXC S_USDT | 0.04313 | 0.0100 | get 0.0050% / 4h | 3h 33m | $4.6M | $2.3M | 200x |
Variational Omni S
MEXC S_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $32.79
- Price spread: −0.076% → +0.158%
- −$23.38
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $5.4
- Costs to cover
- 0.040%
- Break-even
- 5.8 days
Slippage unknown: Variational Omni: RFQ quote, just now; MEXC: live order book, 4 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, just now | 6.95 bp | doesn't fit | 104.2 bp −$1,042 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 2.31 bp | 4.7 bp −$5 | 50.2 bp −$502 | 266.0 bp −$26.6K | 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 | −0.2641% | 1h | 0.04296 | −0.461% | $35K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1248% | 1h | 0.04308 | −0.192% | $53K | $18K | 25x | as long as short |
| 01 Exchange SUSD | −0.0936% | 1h | 0.04170 | −3.389% | $25K | $3K | 5x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04329 | +0.295% | $2K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04320 | +0.088% | $4 | — | 15x | as long as short |
| Variational Omni Slong | −0.0056% | 4h | 0.04316 | long leg | $670K | $7K | — | |
| Deribit S_USDC-PERPETUAL | 0.0000% | 1h | 0.04332 | +0.364% | $73K | $11K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04329 | +0.305% | $667 | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | −5.011% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0072% | 4h | 0.04325 | +0.202% | $108K | $631K | 10x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
01 Exchange SUSD
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Orderly PERP_S_USDCShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.04319 | +0.063% | $185K | $100K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.04322 | +0.142% | $1.1M | $714K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04317 | +0.009% | $47K | $175K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04318 | +0.040% | $6.3M | $16.9M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04307 | −0.215% | $6.1M | $4.9M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04300 | −0.377% | $1.2M | $4.9M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04310 | −0.146% | $361K | $220K | 50x | as long as short |
| MEXC S_USDTshort | +0.0100% | 4h | 0.04313 | −0.076% | $4.6M | $2.3M | 200x | |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04302 | −0.331% | $2.0M | $2.8M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04303 | −0.308% | $1.3M | $2.7M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04306 | −0.238% | — | $6.9M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04340 | +0.549% | $25K | $512K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04297 | −0.455% | $239K | $1.3M | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04330 | +0.318% | $306K | $123K | 75x | as long as short |
| Backpack S_USDC_PERP | +0.0367% | 1h | 0.04330 | +0.318% | $102K | $473K | 5x | as long as short |
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Backpack S_USDC_PERP