Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Polymarket Perps against Variational Omni−0.041%7-day average −0.051% · 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)+0.086%+$9 on $10k
+Price spread, last 7 days+0.137%+$14 · spread now −0.041%, 7d avg −0.051%
=Together, before fees+0.223%+ Points / potential airdropVariational Omni: Active · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 196.75 | 0 | get 0.0000% / 8h | 3h 16m | $683K | $939K | — |
| Short | Polymarket Perps COIN-USD | 196.67 | 0.0050 | get 0.0006% / 1h | 16m 47s | $133K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- $10.5
- Price spread: −0.041% → −0.051%
- $1.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $3.55
- Costs to cover
- 0.080%
- Break-even
- 4.6 days
Slippage unknown: Variational Omni: RFQ quote, 27 min ago; Polymarket Perps: live order book, 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 Variational Omni RFQ quote, 27 min ago | 3.40 bp | doesn't fit | 33.5 bp −$335 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.29 bp | 6.8 bp −$7 | 7.7 bp −$77 | 10.0 bp −$1,004 | 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 | −0.0726% | 8h | 196.78 | +0.015% | $6.2M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.76 | +0.005% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0221% | 8h | 196.82 | +0.035% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0108% | 1h | 196.20 | −0.280% | — | $262K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.62 | −0.067% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.72 | −0.013% | $117K | $683K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.67 | −0.041% | $14.7M | $80.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.63 | −0.061% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.63 | −0.061% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 196.75 | long leg | $683K | $939K | — |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.74 | −0.004% | $12K | $2.4M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.80 | +0.025% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.61 | −0.071% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.79 | +0.020% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.51 | −0.122% | $15.3M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USDshort | +0.0050% | 1h | 196.67 | −0.041% | $133K | $1.2M | 10x | |
| SoDEX COIN-USD | +0.0050% | 1h | 196.77 | +0.010% | $89 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.48 | −0.138% | $350K | $2.7M | 10x | as long as short |
| Lighter COIN | +0.0064% | 1h | 196.59 | −0.084% | $385K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.65 | −0.051% | $991K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.63 | −0.061% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.79 | +0.020% | $569 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.79 | +0.019% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.86 | +0.056% | $188K | $394K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.78 | +0.015% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0864% | 4h | 196.61 | −0.071% | $51K | $295K | 10x | as long as short |
Variational Omni COIN
Polymarket Perps COIN-USD
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
GRVT COIN_USDT_Perp
Lighter RH COIN
tradeXYZ xyz:COIN
SoDEX COIN-USD
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC