Funding you earn now, next payment 02:00 UTC+0.0242%/8h= +26.5% APRpaid last 24h +0.011%
Price spread now: Variational Omni against tradeXYZ+0.092%7-day average +0.054% · 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)−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+0.040%+$4 · spread now +0.092%, 7d avg +0.054%
=Together, before fees+0.032%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Variational Omni is 0.037% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.054%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.009% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:DELL | 577.66 | 0.0269 | pay 0.0034% / 1h | 59m 29s | $7.4M | $6.9M | 10x |
| Short | Variational Omni DELL | 578.19 | 0.0510 | get 0.0510% / 8h | 6h 59m | $262K | $83K | — |
tradeXYZ xyz:DELL
Variational Omni DELLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- $50.77
- Price spread: +0.092% → +0.054%
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $36.51
- Costs to cover
- 0.180%
- Break-even
- 2.0 days
Slippage unknown: tradeXYZ: live order book, 9 min ago; Variational Omni: RFQ quote, 9 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 tradeXYZ live order book, 9 min ago | 1.04 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 9 min ago | 2.50 bp | doesn't fit | 29.9 bp −$299 | doesn't fit | doesn't fit |
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 577.98 | +0.055% | $21K | $50K | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 578.66 | +0.173% | $34K | $12K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −1.037% | $8K | $83K | 12x | as long as short |
| Gate DELL_USDT | +0.0097% | 8h | 578.30 | +0.111% | $4.1M | $7.4M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 578.01 | +0.061% | $947K | $30K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 579.25 | +0.275% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 578.60 | +0.163% | $18K | $58K | 10x | as long as short |
| Bitget DELLUSDT | +0.0157% | 8h | 578.65 | +0.171% | $3.6M | $4.7M | 20x | as long as short |
| Bybit DELLUSDT | +0.0184% | 8h | 578.23 | +0.099% | $6.1M | $3.9M | 50x | as long as short |
| tradeXYZ xyz:DELLlong | +0.0269% | 1h | 577.66 | long leg | $7.4M | $6.9M | 10x |
Aster DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
Gate DELL_USDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDT
Bitget DELLUSDT
Bybit DELLUSDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni DELLshort | +0.0510% | 8h | 578.19 | +0.092% | $262K | $83K | — | |
| Polymarket Perps DELL-USD | +0.0576% | 1h | 578.22 | +0.097% | $7K | $54K | 10x | as long as short |
| Extended DELL-USD | +0.0624% | 1h | 578.56 | +0.156% | $336K | $1.2M | 10x | as long as short |
| Binance DELLUSDT | +0.0627% | 8h | 578.70 | +0.180% | $18.8M | $65.3M | 20x | as long as short |
| BloFin DELL-USDT | +0.0631% | 8h | 578.70 | +0.180% | $321K | $221K | 20x | as long as short |
| OKX DELL-USDT-SWAP | +0.0680% | 8h | 578.62 | +0.166% | $5.9M | $6.5M | 20x | as long as short |
| Nado DELL-PERP | +0.0768% | 1h | 577.81 | +0.027% | $69K | $15K | 10x | as long as short |
| Phoenix DELL | +0.0790% | 1h | 577.92 | +0.045% | $3K | $257K | 10x | as long as short |
| edgeX DELLUSDC | +0.0835% | 4h | 578.76 | +0.190% | $5K | $334K | 10x | as long as short |
| GRVT DELL_USDT_Perp | +0.1191% | 8h | 578.37 | +0.123% | $1K | $158K | 10x | as long as short |
Polymarket Perps DELL-USD
Extended DELL-USD
Binance DELLUSDT
BloFin DELL-USDT
OKX DELL-USDT-SWAP
Nado DELL-PERP
Phoenix DELL
edgeX DELLUSDC
GRVT DELL_USDT_Perp