W

Alert

Funding spread now, next payment 19:00 UTC−0.0004%/8h

paid, last 24h−0.001%paid, last 3 days−0.041%to open and closeno order book

Long on Extended Short on Variational Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended W-USD	0.01173	0.0104	pay 0.0013% / 1h	34m 56s	$59K	$276K	5x
Short	Variational Omni W	0.01172	0.0100	get 0.0050% / 4h	1h 34m	$71K	$42K	—

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Variational OmnibpOrdersRate

Funding earned: −$0.84
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.84
Break-even: never at this rate

Slippage unknown: Extended: live order book, 20 min ago; Variational Omni: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.072%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Extended live order book, 20 min ago	3.00 bp	112.8 bp −$113	434.6 bp −$4,346	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.

W on 16 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit W_USDC-PERPETUAL	−0.0346%	1h	$18K	$351	10x	as long as short
Coinbase International W-PERP-INTX	+0.0024%	1h	$14K	$20K	50x	as long as short
Injective W/USDC PERP	+0.0033%	1h	$1K	$23K	12x	as long as short
Hyperliquid W	+0.0100%	1h	$2.0M	$577K	5x	as long as short
Binance WUSDT	+0.0100%	4h	$3.0M	$8.3M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	$4.1M	$2.2M	50x	as long as short
OKX W-USDT-SWAP	+0.0100%	4h	$1.3M	$2.3M	20x	as long as short
Gate W_USDT	+0.0100%	4h	$443K	$324K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	$12.3M	$1.4M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	$415K	$249K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget WUSDT	+0.0100%	4h	$1.2M	$579K	50x	as long as short
BingX W-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
Variational Omni Wshort	+0.0100%	4h	$71K	$42K	—
Extended W-USDlong	+0.0104%	1h	$59K	$276K	5x
Backpack W_USDC_PERP	+0.0140%	1h	$39K	$49K	15x	as long as short
Kraken Futures PF_WUSD	+0.0898%	1h	$146K	$192K	20x	as long as short