Funding you earn now, next payment 04:00 UTC−0.0432%/8h= −47.3% APRnext payment −$2.16 per $10,000 · paid last 24h −0.089%
Price spread now: Bitget against Variational Omni−0.142%7-day average −0.114% · 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)−0.205%−$21 on $10k
+Price spread, last 7 days+0.266%+$27 · spread now −0.142%, 7d avg −0.114%
=Together, before fees+0.061%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.029% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.114%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2753 | 0.0952 | pay 0.0476% / 4h | 1h 40m | $1.2M | $1.7M | — |
| Short | Bitget USELESSUSDT | 0.2749 | 0.0520 | get 0.0260% / 4h | 1h 40m | $5.2M | $9.9M | 20x |
Variational Omni USELESS
Bitget USELESSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$90.69
- Price spread: −0.142% → −0.114%
- −$2.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$105.55
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bitget: live order book, 3 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, 4 min ago | 5.45 bp | doesn't fit | 78.1 bp −$781 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.08 bp | 35.1 bp −$35 | doesn't fit | 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 | 0.2747 | −0.211% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2750 | −0.106% | $31K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2746 | −0.251% | $6.9M | $8.5M | 50x | as long as short |
| ApeX Omni USELESSUSDT | +0.0100% | 1h | 0.2752 | −0.026% | $38K | $694K | 25x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2748 | −0.171% | $33K | $210K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2757 | +0.148% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2752 | −0.022% | $18K | $506K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2747 | −0.215% | $603K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0133% | 4h | 0.2748 | −0.171% | $9.7M | $64.6M | 10x | as long as short |
| KuCoin USELESSUSDTM | +0.0200% | 4h | 0.2750 | −0.091% | $5.1M | $10.4M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
ApeX Omni USELESSUSDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
OKX USELESS-USDT-SWAP
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2754 | +0.063% | $10K | — | 3x | as long as short |
| Bitget USELESSUSDTshort | +0.0520% | 4h | 0.2749 | −0.142% | $5.2M | $9.9M | 20x | |
| edgeX USELESSUSDC | +0.0579% | 4h | 0.2759 | +0.226% | $21K | $194K | 10x | as long as short |
| Binance USELESSUSDT | +0.0602% | 4h | 0.2751 | −0.077% | $23.3M | $118.0M | 50x | as long as short |
| MEXC USELESS_USDT | +0.0604% | 4h | 0.2751 | −0.077% | $10.8M | $6.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0608% | 1h | 0.2750 | −0.082% | $292K | $1.1M | 5x | as long as short |
| Hyperliquid USELESS | +0.0729% | 1h | 0.2751 | −0.051% | $13.5M | $20.9M | 3x | as long as short |
| BingX USELESS-USDT | +0.0864% | 4h | 0.2750 | −0.088% | — | $5.1M | — | as long as short |
| Bybit USELESSUSDT | +0.0900% | 4h | 0.2748 | −0.157% | $26.6M | $46.4M | 13x | as long as short |
| Variational Omni USELESSlong | +0.0952% | 4h | 0.2753 | long leg | $1.2M | $1.7M | — | |
| Aster USELESSUSDT | +0.1063% | 4h | 0.2752 | −0.030% | $587K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1207% | 4h | 0.2751 | −0.077% | $1.2M | $2.0M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1355% | 4h | 0.2753 | +0.029% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2917 | +5.983% | $5K | $9K | 5.5x | as long as short |
Aevo USELESS-PERP
edgeX USELESSUSDC
Binance USELESSUSDT
MEXC USELESS_USDT
Extended USELESS-USD
Hyperliquid USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
BloFin USELESS-USDT
Orderly PERP_USELESS_USDC
Injective USELESS/USDC PERP