Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%
Price spread now: Ondo Perps against Variational Omni−0.200%7-day average −0.090% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.064%+$6 on $10k
+Price spread, last 7 days−0.237%−$24 · spread now −0.200%, 7d avg −0.090%
=Together, before fees−0.173%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.109% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.090%). If the spread goes back, that is −$11 on $10k: about 7.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 195.45 | 0 | get 0.0000% / 8h | 1h 38m | $708K | $959K | — |
| Short | Ondo Perps COIN-USD.P | 195.06 | 0.0050 | get 0.0006% / 1h | 38m 29s | $447K | $2.8M | 10x |
Variational Omni COIN
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Variational Omni. 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
- $10.58
- Price spread: −0.200% → −0.090%
- −$10.95
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$5.36
- Costs to cover
- 0.050%
- Break-even
- 10.5 days
Slippage unknown: Variational Omni: RFQ quote, 61 min ago; Ondo Perps: 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 Variational Omni RFQ quote, 61 min ago | 2.89 bp | doesn't fit | 31.7 bp −$317 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.
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 | −0.0700% | 8h | 195.51 | +0.030% | $6.3M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.45 | 0.000% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0103% | 1h | 194.71 | −0.379% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0009% | 8h | 195.30 | −0.077% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.43 | −0.009% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.22 | −0.117% | $112K | $803K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.28 | −0.090% | $15.0M | $82.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.23 | −0.113% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.23 | −0.113% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 195.45 | long leg | $708K | $959K | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
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 | 195.58 | +0.066% | $16K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.20 | −0.128% | $459K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.52 | +0.035% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.28 | −0.087% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.18 | −0.139% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.27 | −0.093% | $76 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 195.06 | −0.200% | $447K | $2.8M | 10x | |
| tradeXYZ xyz:COIN | +0.0075% | 1h | 195.20 | −0.128% | $15.1M | $13.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.17 | −0.144% | $984K | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.32 | −0.067% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.24 | −0.108% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.28 | −0.088% | $115 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 195.24 | −0.110% | $361K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.33 | −0.062% | $187K | $423K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | −0.006% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0209% | 4h | 195.50 | +0.027% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC