VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Variational Omni against Polymarket Perps−0.635%7-day average −0.053% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)+0.506%+$51 · spread now −0.635%, 7d avg −0.053%

Together, before fees+0.524%+ Points / potential airdropVariational Omni: Active · farm board+$52 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.582% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$58 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VIRTUAL-USD	0.7124	0.0100	pay 0.0013% / 1h	17m 09s	$52K	$1.1M	5x
Short	Variational Omni VIRTUAL	0.7079	0.0100	get 0.0050% / 4h	2h 17m	$527K	$914K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Variational OmnibpOrdersPrice spread, now −0.635%Rate

Funding earned: $0
Price spread: −0.635% → −0.053%: −$58.19
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$66.19
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 1 min ago; Variational Omni: RFQ quote, 32 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 Polymarket Perps live order book, 1 min ago	3.30 bp	8.9 bp −$9	9.8 bp −$98	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 32 min ago	4.21 bp	doesn't fit	16.8 bp −$168	doesn't fit	doesn't fit

VIRTUAL on 33 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
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7119	−0.075%	$24	—	10x	as long as short
01 Exchange VIRTUALUSD	−0.0136%	1h	0.7120	−0.056%	$2K	$106	10x	as long as short
Phoenix VIRTUAL	−0.0112%	1h	0.7054	−0.977%	$11K	$36K	5x	as long as short
Lighter VIRTUAL	−0.0032%	1h	0.7114	−0.135%	$323K	$403K	5x	as long as short
Deribit VIRTUAL_USDC-PERPETUAL	−0.0031%	1h	0.7119	−0.070%	$15K	$40K	10x	as long as short
Bybit VIRTUALUSDT	−0.0003%	4h	0.7117	−0.098%	$16.3M	$19.0M	50x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0005%	1h	0.7122	−0.031%	$14K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.098%	$46	$88K	5.5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0075%	4h	0.7123	−0.014%	$13K	$1.5M	10x	as long as short
Hyperliquid VIRTUAL	+0.0100%	1h	0.7128	+0.052%	$8.7M	$4.1M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VIRTUALUSDT	+0.0100%	4h	0.7124	−0.003%	$93K	$302K	20x	as long as short
Pacifica VIRTUAL	+0.0100%	1h	0.7124	+0.004%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDT	+0.0100%	4h	0.7118	−0.080%	$16.0M	$42.0M	75x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7120	−0.056%	$2.8M	$9.9M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7125	+0.014%	$1.5M	$3.4M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7120	−0.056%	$15.4M	$5.0M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7122	−0.028%	$3.0M	$4.4M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7123	−0.014%	$6.0M	$5.9M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7120	−0.056%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7121	−0.042%	$239K	$206K	10x	as long as short
Variational Omni VIRTUALshort	+0.0100%	4h	0.7079	−0.635%	$527K	$914K	—
edgeX VIRTUALUSDC	+0.0100%	4h	0.7082	−0.590%	$19K	$261K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7121	−0.041%	$628K	$1.0M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7130	+0.084%	$40K	$237K	50x	as long as short
Polymarket Perps VIRTUAL-USDlong	+0.0100%	1h	0.7124	long leg	$52K	$1.1M	5x
SunX VIRTUAL-USDT	+0.0100%	4h	0.7122	−0.028%	$2K	$1.4M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7119	−0.063%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7119	−0.072%	$53K	$303K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7119	−0.072%	$18K	—	3x	as long as short
Kraken Futures PF_VIRTUALUSD	+0.0280%	1h	0.7125	+0.017%	$525K	$761K	50x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0312% / S −0.0258%	1h	0.7121	−0.041%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7118	−0.084%	$772K	$1.0M	75x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0432%	1h	0.7136	+0.168%	$199K	$101K	50x	as long as short