Funding you earn now, next payment 04:00 UTC−0.0794%/8h= −86.9% APRnext payment −$3.97 per $10,000 · paid last 24h −0.152%
Price spread now: OKX against Variational Omni−0.941%7-day average −0.169% · 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)−0.295%−$30 on $10k
+Price spread, last 7 days+0.967%+$97 · spread now −0.941%, 7d avg −0.169%
=Together, before fees+0.672%+ Points / potential airdropVariational Omni: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and OKX is 0.772% cheaper against Variational Omni than usual: you would sell low and buy high (−$77 if the spread goes back to its 7-day average of −0.169%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2743 | 0.1001 | pay 0.0501% / 4h | 1h 12m | $1.2M | $1.7M | — |
| Short | OKX USELESS-USDT-SWAP | 0.2717 | 0.0208 | get 0.0104% / 4h | 1h 12m | $9.6M | $64.0M | 10x |
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
- −$166.68
- Price spread: −0.941% → −0.169%
- −$77.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$253.9
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; OKX: live order book, 1 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, 1 min ago | 3.69 bp | doesn't fit | 51.6 bp −$516 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 1.10 bp | 12.0 bp −$12 | 74.4 bp −$744 | 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 | 0.2712 | −1.131% | $1.2M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2715 | −1.007% | $30K | $70K | 3x | as long as short |
| Gate USELESS_USDT | +0.0100% | 4h | 0.2707 | −1.310% | $6.8M | $8.6M | 50x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2717 | −0.938% | $39K | $217K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2714 | −1.051% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2719 | −0.872% | $18K | $512K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2708 | −1.273% | $598K | $1.1M | 20x | as long as short |
| OKX USELESS-USDT-SWAPshort | +0.0208% | 4h | 0.2717 | −0.941% | $9.6M | $64.0M | 10x | |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2715 | −1.011% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTM | +0.0266% | 4h | 0.2711 | −1.156% | $5.0M | $10.4M | 12x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0270% | 1h | 0.2742 | −0.022% | $38K | $695K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0538% | 4h | 0.2715 | −1.007% | $5.3M | $10.0M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0602% | 4h | 0.2743 | −0.002% | $20K | $196K | 10x | as long as short |
| Binance USELESSUSDT | +0.0607% | 4h | 0.2714 | −1.027% | $23.0M | $118.4M | 50x | as long as short |
| Extended USELESS-USD | +0.0608% | 1h | 0.2713 | −1.089% | $286K | $1.1M | 5x | as long as short |
| MEXC USELESS_USDT | +0.0614% | 4h | 0.2713 | −1.076% | $10.8M | $6.1M | 50x | as long as short |
| Hyperliquid USELESS | +0.0651% | 1h | 0.2717 | −0.933% | $13.2M | $21.1M | 3x | as long as short |
| Bybit USELESSUSDT | +0.0926% | 4h | 0.2714 | −1.058% | $26.2M | $46.6M | 13x | as long as short |
| BingX USELESS-USDT | +0.0934% | 4h | 0.2716 | −0.981% | — | $5.2M | — | as long as short |
| Variational Omni USELESSlong | +0.1001% | 4h | 0.2743 | long leg | $1.2M | $1.7M | — | |
| Aster USELESSUSDT | +0.1014% | 4h | 0.2710 | −1.203% | $570K | $2.3M | 10x | as long as short |
| BloFin USELESS-USDT | +0.1216% | 4h | 0.2712 | −1.131% | $1.2M | $1.9M | 12x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1385% | 4h | 0.2715 | −1.021% | $21K | $1.3M | 10x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2878 | +4.944% | $5K | $9K | 5.5x | as long as short |
Variational Omni USELESS
OKX USELESS-USDT-SWAP
Lighter USELESS
Pacifica USELESS
Gate USELESS_USDT
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
KuCoin USELESSUSDTM
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
MEXC USELESS_USDT
Hyperliquid USELESS
Bybit USELESSUSDT
BingX USELESS-USDT
Aster USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP