Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.032%
Price spread now: Variational Omni against OKX+0.052%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Variational Omni is 0.052% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX W-USDT-SWAP | 0.01185 | 0.0078 | pay 0.0039% / 4h | 3h 31m | $1.3M | $2.0M | 20x |
| Short | Variational Omni W | 0.01186 | 0.0100 | get 0.0050% / 4h | 3h 31m | $71K | $42K | — |
OKX W-USDT-SWAP
Variational Omni WFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against OKX. 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
- $4.61
- Price spread: +0.052% → 0.000%
- $5.2
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$0.19
- Costs to cover
- 0.100%
- Break-even
- 7.3 days
Slippage unknown: OKX: live order book, 5 min ago; Variational Omni: no order-book sample. 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 OKX live order book, 5 min ago | 1.26 bp | 33.1 bp −$33 | doesn't fit | 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 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0424% | 1h | 0.01186 | +0.093% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.999% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAPlong | +0.0078% | 4h | 0.01185 | long leg | $1.3M | $2.0M | 20x | |
| Hyperliquid W | +0.0100% | 1h | 0.01187 | +0.143% | $2.0M | $412K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01187 | +0.110% | $3.0M | $6.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01184 | −0.093% | $4.1M | $1.9M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01185 | −0.025% | $447K | $284K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01187 | +0.110% | $12.9M | $1.5M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01188 | +0.228% | $456K | $217K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01186 | +0.059% | $1.3M | $570K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01186 | +0.034% | — | $6.9M | — | as long as short |
| Variational Omni Wshort | +0.0100% | 4h | 0.01186 | +0.052% | $71K | $42K | — | |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01186 | +0.088% | $125K | $375K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01186 | +0.087% | $61K | $305K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0280% | 1h | 0.01191 | +0.489% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1307% | 1h | 0.01188 | +0.211% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1322% | 1h | 0.01189 | +0.327% | $147K | $181K | 20x | as long as short |
BingX W-USDT
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD