Funding you earn now, next payment 20:00 UTC−0.1456%/8hpaid last 24h +2.136%
Price spread now: Variational Omni against 01 Exchange−0.319%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Variational Omni is 0.319% cheaper against 01 Exchange than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange SUSD | 0.03930 | 0.0016 | pay 0.0002% / 1h | 6m 09s | $24K | $3K | 5x |
| Short | Variational Omni S | 0.03917 | −0.1440 | pay 0.0720% / 4h | 6m 09s | $608K | $116K | — |
01 Exchange SUSD
Variational Omni SFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against 01 Exchange. 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
- −$305.78
- Price spread: −0.319% → 0.000%
- −$31.86
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$344.63
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Variational Omni: RFQ quote, 27 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 27 min ago | 5.13 bp | doesn't fit | 46.2 bp −$462 | doesn't fit | doesn't fit |
01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.2110% | 1h | 0.03940 | +0.243% | $33K | $37K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1488% | 1h | 0.03826 | −2.646% | $47K | $9K | 25x | as long as short |
| Variational Omni Sshort | −0.1440% | 4h | 0.03917 | −0.319% | $608K | $116K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0173% / S +0.0169% | 1h | 0.03947 | +0.422% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03939 | +0.234% | $4 | — | 15x | as long as short |
| Aster SUSDT | −0.0090% | 4h | 0.03941 | +0.289% | $43K | $241K | 10x | as long as short |
| OKX S-USDT-SWAP | −0.0059% | 4h | 0.03941 | +0.280% | $988K | $11.2M | 20x | as long as short |
| Orderly PERP_S_USDC | −0.0025% | 4h | 0.03945 | +0.382% | $107K | $326K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03945 | +0.375% | $608 | — | 150x | as long as short |
| 01 Exchange SUSDlong | +0.0016% | 1h | 0.03930 | long leg | $24K | $3K | 5x |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
Aster SUSDT
OKX S-USDT-SWAP
Orderly PERP_S_USDC
gTrade (Gains Network) S/USDShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.326% | $2K | $37K | 12x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03946 | +0.407% | $166K | $278K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03943 | +0.326% | $1.0M | $1.2M | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03942 | +0.302% | $5.4M | $34.1M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03937 | +0.178% | $5.6M | $8.3M | 50x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03937 | +0.178% | $322K | $347K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03942 | +0.305% | $3.8M | $3.4M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03943 | +0.331% | $1.9M | $3.5M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03943 | +0.331% | $1.2M | $4.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03942 | +0.305% | — | $6.9M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03930 | 0.000% | $26K | $482K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03942 | +0.298% | $221K | $904K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0330% | 1h | 0.03950 | +0.509% | $115K | $264K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03935 | +0.127% | $273K | $257K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0510% | 1h | 0.03949 | +0.483% | $66K | $10K | 10x | as long as short |
Injective S/USDC PERP
Lighter S
Hyperliquid S
Binance SUSDT
Bybit SUSDT
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
Backpack S_USDC_PERP
BloFin S-USDT
Deribit S_USDC-PERPETUAL