Funding you earn now, next payment 03:00 UTC−0.0221%/8h= −24.2% APRpaid last 24h −0.044%
Price spread now: Variational Omni against Phoenix−0.025%84s7-day average — · 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)—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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.025% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 84 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix AMAT | 470.09 | 0.0221 | pay 0.0028% / 1h | 12m 04s | $19K | $110K | 10x |
| Short | Variational Omni AMAT | 469.97 | 0 | get 0.0000% / 8h | 4h 12m | $65K | $44K | — |
Phoenix AMAT
Variational Omni AMATFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Phoenix. 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
- −$46.33
- Price spread: −0.025% → 0.000%
- −$2.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$55.82
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 38 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 Phoenix live order book, 38 min ago | 3.82 bp | 12.2 bp −$12 | 25.9 bp −$259 | 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.
AMAT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin AMAT-USDT | −0.0006% | 8h | 469.74 | −0.074% | $109K | $96K | 20x | as long as short |
| Aster AMATUSDT | 0.0000% | 8h | 469.33 | −0.161% | $10K | $11K | 20x | as long as short |
| Extended AMAT-USD | 0.0000% | 1h | 469.60 | −0.104% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | 0.0000% | 8h | 469.73 | −0.076% | $8.9M | $12.6M | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 469.59 | −0.106% | $897K | $654K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 469.72 | −0.079% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 469.90 | −0.040% | $2.0M | $1.7M | 20x | as long as short |
| Variational Omni AMATshort | 0.0000% | 8h | 469.97 | −0.025% | $65K | $44K | — | |
| GRVT AMAT_USDT_Perp | 0.0000% | 8h | 469.89 | −0.042% | $371 | $101K | 10x | as long as short |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 469.28 | −0.172% | — | — | 10x | as long as short |
BloFin AMAT-USDT
Aster AMATUSDT
Extended AMAT-USD
Binance AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
GRVT AMAT_USDT_Perp
Vest AMAT-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 469.71 | −0.081% | $2.6M | $2.2M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 469.45 | −0.136% | $413K | $522K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 467.49 | −0.553% | $879 | $360K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 470.64 | +0.117% | $171K | $39K | 20x | as long as short |
| Phoenix AMATlong | +0.0221% | 1h | 470.09 | long leg | $19K | $110K | 10x | |
| Gate AMAT_USDT | +0.0389% | 8h | 469.50 | −0.126% | $1.7M | $6.4M | 50x | as long as short |
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDT
Gate AMAT_USDT