Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.006%
Price spread now: SoDEX against Variational Omni−0.052%7-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
Funding pays, the price is against you. SoDEX is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.052% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.5 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 | 202.06 | 0 | get 0.0000% / 8h | 13m 17s | $840K | $1.1M | — |
| Short | SoDEX COIN-USD | 201.95 | 0.0050 | get 0.0006% / 1h | 13m 17s | $85 | $3K | 10x |
Variational Omni COIN
SoDEX COIN-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.052% → 0.000%
- −$5.23
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$2.73
- Costs to cover
- 0.080%
- Break-even
- 8.8 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; SoDEX: 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, 1 min ago | 3.37 bp | doesn't fit | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.55 | −0.250% | $44K | $49K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.02 | −0.016% | $370K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.92 | −0.068% | $119K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.95 | −0.052% | $15.7M | $76.6M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.96 | −0.047% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.99 | −0.033% | $3.3M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.96 | −0.047% | $1.3M | $7.0M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 202.00 | −0.028% | $6.9M | $10.1M | 20x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 202.06 | long leg | $840K | $1.1M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.91 | −0.072% | $12K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 201.85 | −0.102% | $1.4M | $4.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.94 | −0.057% | $435K | $1.8M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 201.94 | −0.055% | $377K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.10 | +0.022% | $16K | $55K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | −0.062% | — | $513K | 25x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.85 | −0.102% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USDshort | +0.0050% | 1h | 201.95 | −0.052% | $85 | $3K | 10x | |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.69 | −0.181% | $361K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.05 | −0.003% | $1.0M | $138K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.11 | +0.027% | $91K | $310K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.98 | −0.037% | $584 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.92 | −0.068% | $119 | — | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0114% | 1h | 201.91 | −0.072% | $16.6M | $13.2M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.97 | −0.042% | $200K | $342K | 20x | as long as short |
| edgeX COINUSDC | +0.0147% | 4h | 202.06 | +0.004% | $52K | $295K | 10x | as long as short |
| Phoenix COIN | +0.0238% | 1h | 201.85 | −0.102% | $5K | $279K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Lighter COIN
Arcus COIN-USD
Vest COIN-USD-PERP
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
tradeXYZ xyz:COIN
BloFin COIN-USDT
edgeX COINUSDC
Phoenix COIN