W

Alert

Funding spread now, next payment 20:00 UTC+0.0004%/8h

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

Long on Variational Omni Short on Extended

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni W	0.01161	0.0100	pay 0.0050% / 4h	54m 56s	$70K	$42K	—
Short	Extended W-USD	0.01163	0.0104	get 0.0013% / 1h	54m 56s	$59K	$276K	5x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee ExtendedbpOrdersRate

Funding earned: $0.84
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$4.16
Break-even: 41.7 days

Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 60 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.134%
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 Variational Omni no order-book sample	—	—	—	—	—
Sell Extended live order book, 60 min ago	3.00 bp	27.9 bp −$28	279.4 bp −$2,794	doesn't fit	doesn't fit

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
Backpack W_USDC_PERP	−0.0271%	1h	$39K	$47K	15x	as long as short
Deribit W_USDC-PERPETUAL	0.0000%	1h	$18K	$351	10x	as long as short
Injective W/USDC PERP	+0.0033%	1h	$1K	$10K	12x	as long as short
Hyperliquid W	+0.0100%	1h	$2.0M	$555K	5x	as long as short
Binance WUSDT	+0.0100%	4h	$2.9M	$8.1M	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	$439K	$320K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	$12.9M	$1.6M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	$410K	$244K	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	$580K	50x	as long as short
BingX W-USDT	+0.0100%	4h	—	$7.0M	—	as long as short
Variational Omni Wlong	+0.0100%	4h	$70K	$42K	—
Extended W-USDshort	+0.0104%	1h	$59K	$276K	5x
Coinbase International W-PERP-INTX	+0.0120%	1h	$14K	$20K	50x	as long as short
Kraken Futures PF_WUSD	+0.1082%	1h	$144K	$189K	20x	as long as short