Funding you earn now, next payment 04:00 UTC+0.0450%/8h= +49.3% APRnext payment +$2.25 per $10,000 · paid last 24h +0.320%
Price spread now: OKX against Variational Omni+0.141%7-day average +0.105% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.547%+$55 on $10k
+Price spread, last 4 days (all we have)−1.185%−$119 · spread now +0.141%, 7d avg +0.105%
=Together, before fees−0.638%+ Points / potential airdropVariational Omni: Active · farm board−$64 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and OKX is 0.036% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.04052 | −0.0350 | get 0.0175% / 4h | 1h 57m | $630K | $30K | — |
| Short | OKX S-USDT-SWAP | 0.04058 | 0.0100 | get 0.0050% / 4h | 1h 57m | $1.0M | $4.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $94.54
- Price spread: +0.141% → +0.105%
- $3.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $88.1
- Costs to cover
- 0.100%
- Break-even
- 0.5 days
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; OKX: live order book, 5 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, 7 min ago | 9.85 bp | doesn't fit | 120.7 bp −$1,207 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.91 bp | 35.3 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
S on 24 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 | −0.8000% | 1h | 0.03950 | −2.524% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.1696% | 1h | 0.04051 | −0.040% | $34K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1456% | 1h | 0.04022 | −0.747% | $48K | $16K | 25x | as long as short |
| Variational Omni Slong | −0.0350% | 4h | 0.04052 | long leg | $630K | $30K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04059 | +0.158% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04048 | −0.115% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04059 | +0.168% | $2K | — | 150x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +1.177% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0054% | 4h | 0.04057 | +0.116% | $101K | $331K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04058 | +0.141% | $168K | $155K | 5x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04052 | +0.003% | $1.0M | $564K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04050 | −0.045% | $44K | $134K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04057 | +0.126% | $5.6M | $14.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04051 | −0.032% | $5.8M | $4.5M | 50x | as long as short |
| OKX S-USDT-SWAPshort | +0.0100% | 4h | 0.04058 | +0.141% | $1.0M | $4.0M | 20x | |
| Gate S_USDT | +0.0100% | 4h | 0.04048 | −0.106% | $333K | $199K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04050 | −0.057% | $3.9M | $1.8M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.04047 | −0.131% | $1.9M | $2.7M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.04056 | +0.092% | $1.2M | $2.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04056 | +0.092% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04050 | −0.057% | $20K | $446K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04044 | −0.197% | $228K | $1.1M | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0735% | 1h | 0.04063 | +0.264% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1499% | 1h | 0.04070 | +0.437% | $118K | $350K | 5x | as long as short |
Variational Omni S
OKX S-USDT-SWAP
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
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