Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.034%
Price spread now: Variational Omni against BloFin+0.037%71s7-day average — · 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)—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
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Variational Omni is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin IBM-USDT | 231.36 | −0.0012 | get 0.0012% / 8h | 4h 36m | $47K | $51K | 20x |
| Short | Variational Omni IBM | 231.44 | 0 | get 0.0000% / 8h | 4h 36m | $256K | $15K | — |
BloFin IBM-USDT
Variational Omni IBMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- $2.54
- Price spread: +0.037% → 0.000%
- $3.65
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.8
- Costs to cover
- 0.120%
- Break-even
- 23.0 days
Slippage unknown: BloFin: no order-book sample; Variational Omni: RFQ quote, 23 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 23 min ago | 2.79 bp | doesn't fit | 20.9 bp −$209 | doesn't fit | doesn't fit |
BloFin: 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.
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IBM-USDTlong | −0.0012% | 8h | 231.36 | long leg | $47K | $51K | 20x | |
| Aster IBMUSDT | 0.0000% | 8h | 231.35 | −0.003% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 231.45 | +0.038% | $53K | $235K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 231.51 | +0.063% | $3.9M | $5.4M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 231.33 | −0.013% | $980K | $348K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 231.46 | +0.043% | $1.4M | $1.1M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 231.50 | +0.061% | $805K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 231.47 | +0.048% | $786K | $341K | 20x | as long as short |
| Variational Omni IBMshort | 0.0000% | 8h | 231.44 | +0.037% | $256K | $15K | — | |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 231.39 | +0.013% | $467 | $158K | 10x | as long as short |
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
GRVT IBM_USDT_PerpShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX IBM-USDT | 0.0000% | 8h | 231.41 | +0.022% | $956 | $482K | 10x | as long as short |
| HTX IBM-USDT | 0.0000% | 8h | 231.90 | +0.233% | $5K | $34K | 20x | as long as short |
| QFEX IBM-USD | +0.0026% | 1h | 231.40 | +0.017% | $1.2M | $2.5M | 10x | as long as short |
| tradeXYZ xyz:IBM | +0.0028% | 1h | 231.26 | −0.043% | $1.9M | $756K | 10x | as long as short |
| Lighter IBM | +0.0032% | 1h | 231.37 | +0.004% | $38K | $43K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.101% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 231.34 | −0.009% | — | — | 25x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 231.42 | +0.026% | $194K | $34K | 20x | as long as short |
SunX IBM-USDT
HTX IBM-USDT
QFEX IBM-USD
tradeXYZ xyz:IBM
Lighter IBM
Injective IBM/USDC PERP
Vest IBM-USD-PERP
KuCoin IBMUSDTM