Funding you earn now, next payment 00:00 UTC+0.1263%/8h= +138.3% APRnext payment +$6.31 per $10,000 · paid last 24h +0.147%
Price spread now: Variational Omni against SunX−0.190%45s7-day average +0.087% · 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)+0.281%+$28 on $10k
+Price spread, last 3 days (all we have)+0.476%+$48 · spread now −0.190%, 7d avg +0.087%
=Together, before fees+0.757%+ Points / potential airdropVariational Omni: Active · farm board+$76 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.277% cheaper against SunX than usual: you would sell low and buy high (spread −0.190% now, against its 7-day average of +0.087%). If the spread goes back, that is −$28 on $10k: about 18 hours of funding at the current rate (+$38 a day). At the pace of the last 3 days (+0.281% in total) that is about 3.3 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.281% in total (about 31.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2839 | 0.0100 | pay 0.0050% / 4h | 49m 36s | — | $1.4M | 10x |
| Short | Variational Omni USELESS | 0.2833 | 0.1363 | get 0.0681% / 4h | 49m 36s | $1.2M | $1.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SunX. 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
- $265.15
- Price spread: −0.190% → +0.087%
- −$27.71
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $229.44
- Costs to cover
- 0.080%
- Break-even
- 0.9 days
Slippage unknown: SunX: live order book, 5 min ago; Variational Omni: RFQ quote, 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 SunX live order book, 5 min ago | 37.84 bp | 142.2 bp −$142 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.55 bp | doesn't fit | 42.6 bp −$426 | doesn't fit | doesn't fit |
USELESS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2846 | +0.236% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2845 | +0.218% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2848 | +0.310% | $9.9M | $66.8M | 10x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2839 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2838 | −0.042% | $19K | $493K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2836 | −0.095% | $570K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0152% | 1h | 0.2838 | −0.025% | $31K | $153K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0216% | 1h | 0.2839 | +0.002% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0338% | 4h | 0.2844 | +0.201% | $5.2M | $9.9M | 12x | as long as short |
| Bitget USELESSUSDT | +0.0422% | 4h | 0.2849 | +0.377% | $5.4M | $9.3M | 20x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0480% | 4h | 0.2846 | +0.264% | $7.1M | $8.2M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0504% | 1h | 0.2822 | −0.592% | $39K | $702K | 25x | as long as short |
| edgeX USELESSUSDC | +0.0529% | 4h | 0.2841 | +0.082% | $21K | $192K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0534% | 4h | 0.2849 | +0.345% | $10.5M | $5.9M | 50x | as long as short |
| Extended USELESS-USD | +0.0536% | 1h | 0.2848 | +0.339% | $298K | $966K | 5x | as long as short |
| Binance USELESSUSDT | +0.0543% | 4h | 0.2853 | +0.503% | $24.0M | $115.5M | 50x | as long as short |
| BingX USELESS-USDT | +0.1162% | 4h | 0.2849 | +0.377% | — | $5.0M | — | as long as short |
| Aster USELESSUSDT | +0.1165% | 4h | 0.2841 | +0.071% | $653K | $2.3M | 10x | as long as short |
| Bybit USELESSUSDT | +0.1216% | 4h | 0.2848 | +0.321% | $28.2M | $45.4M | 13x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1338% | 4h | 0.2840 | +0.028% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESSshort | +0.1363% | 4h | 0.2833 | −0.190% | $1.2M | $1.7M | — | |
| Hyperliquid USELESS | +0.1497% | 1h | 0.2850 | +0.398% | $14.1M | $20.9M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1572% | 4h | 0.2842 | +0.120% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2988 | +5.263% | $5K | $9K | 5.5x | as long as short |
SunX USELESS-USDT
Variational Omni USELESS
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
KuCoin USELESSUSDTM
Bitget USELESSUSDT
Gate USELESS_USDT
ApeX Omni USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
BingX USELESS-USDT
Aster USELESSUSDT
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP