Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: Variational Omni against Polymarket Perps+0.110%7-day average +0.052% · 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)−0.085%−$9 on $10k
+Price spread, last 7 days−0.210%−$21 · spread now +0.110%, 7d avg +0.052%
=Together, before fees−0.295%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.057% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.052%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps COIN-USD | 197.43 | 0.0050 | pay 0.0006% / 1h | 3m 10s | $127K | $1.2M | 10x |
| Short | Variational Omni COIN | 197.65 | 0 | get 0.0000% / 8h | 5h 03m | $685K | $1.0M | — |
Polymarket Perps COIN-USD
Variational Omni COINFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.110% → +0.052%
- $5.73
- 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
- −$12.77
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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, 5 min ago | 0.25 bp | 4.3 bp −$4 | 4.6 bp −$46 | 7.5 bp −$752 | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.86 bp | doesn't fit | 27.7 bp −$277 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0636% | 8h | 197.73 | +0.152% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.53 | +0.051% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0207% | 8h | 197.54 | +0.056% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0084% | 1h | 197.13 | −0.152% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.81 | +0.193% | $349K | $876K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.60 | +0.087% | $117K | $691K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.61 | +0.091% | $15.0M | $78.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.53 | +0.051% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.61 | +0.091% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 197.65 | +0.110% | $685K | $1.0M | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.56 | +0.066% | $16K | $2.2M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.50 | +0.035% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.51 | +0.040% | $357K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.51 | +0.041% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.80 | +0.187% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.54 | +0.056% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USDlong | +0.0050% | 1h | 197.43 | long leg | $127K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 197.54 | +0.056% | $74 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.65 | +0.111% | $351K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.52 | +0.046% | $994K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.55 | +0.061% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.60 | +0.086% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.53 | +0.052% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.62 | +0.096% | $189K | $391K | 20x | as long as short |
| edgeX COINUSDC | +0.0149% | 4h | 197.54 | +0.058% | $51K | $295K | 10x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 197.63 | +0.101% | $5K | $281K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN