Funding you earn now, next payment 08:00 UTC−0.0301%/8h= −33.0% APRnext payment −$1.51 per $10,000 · paid last 24h −0.005%
Price spread now: Variational Omni against Binance−0.107%7-day average — · 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)—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 −$9 a day on $10k at the current rate, and Variational Omni is 0.107% cheaper against Binance than usual: you would sell low and buy high (−$11 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 | Binance TUSDT | 0.005282 | −0.0636 | get 0.0318% / 4h | 1h 31m | $3.2M | $7.7M | 50x |
| Short | Variational Omni T | 0.005277 | −0.0937 | pay 0.0468% / 4h | 1h 31m | $7K | $6K | — |
Binance TUSDT
Variational Omni TFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$63.26
- Price spread: −0.107% → 0.000%
- −$10.66
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$83.92
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 8 min ago; Variational Omni: no order-book sample. 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 Binance live order book, 8 min ago | 0.95 bp | 16.1 bp −$16 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
T on 8 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_TUSD | −0.1855% | 1h | 0.005296 | +0.254% | $4K | $4K | 10x | as long as short |
| Bybit TUSDT | −0.1467% | 4h | 0.005286 | +0.072% | $1.6M | $1.6M | 25x | as long as short |
| Variational Omni Tshort | −0.0937% | 4h | 0.005277 | −0.107% | $7K | $6K | — | |
| Gate T_USDT | −0.0872% | 4h | 0.005288 | +0.110% | $211K | $93K | 20x | as long as short |
| Bitget TUSDT | −0.0758% | 4h | 0.005282 | −0.004% | $911K | $601K | 50x | as long as short |
| Binance TUSDTlong | −0.0636% | 4h | 0.005282 | long leg | $3.2M | $7.7M | 50x | |
| MEXC T_USDT | −0.0622% | 4h | 0.005283 | +0.015% | $3.1M | $231K | 20x | as long as short |
| KuCoin TUSDTM | −0.0282% | 4h | 0.005279 | −0.061% | $1.4M | $94K | 12x | as long as short |
Kraken Futures PF_TUSD
Bybit TUSDT
Gate T_USDT
Bitget TUSDT
MEXC T_USDT
KuCoin TUSDTM