Funding you earn now, next payment 08:00 UTC−0.0221%/8h= −24.2% APRnext payment −$2.21 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against Binance−0.305%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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.305% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ALGOUSDT | 0.1113 | 0.0089 | pay 0.0089% / 8h | 7h 34m | $9.8M | $33.9M | 75x |
| Short | Variational Omni ALGO | 0.1110 | −0.0132 | pay 0.0132% / 8h | 7h 34m | $61K | $11K | — |
Binance ALGOUSDT
Variational Omni ALGOFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$46.32
- Price spread: −0.305% → 0.000%
- −$30.47
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$86.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: 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 Binance live order book, 7 min ago | 0.45 bp | 11.5 bp −$12 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALGOUSD | −0.0569% | 1h | 0.1114 | +0.049% | $829K | $1.1M | 50x | as long as short |
| Variational Omni ALGOshort | −0.0132% | 8h | 0.1110 | −0.305% | $61K | $11K | — | |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1110 | −0.267% | $66K | $271K | 50x | as long as short |
| Deribit ALGO_USDC-PERPETUAL | −0.0019% | 1h | 0.1113 | −0.015% | $101K | $50K | 25x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1113 | +0.012% | $6K | — | 150x | as long as short |
| Bybit ALGOUSDT | +0.0029% | 8h | 0.1113 | −0.069% | $11.2M | $11.8M | 75x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | +0.605% | $834 | $233K | 12x | as long as short |
| MEXC ALGO_USDT | +0.0087% | 8h | 0.1113 | +0.003% | $22.8M | $3.0M | 200x | as long as short |
| Extended ALGO-USD | +0.0088% | 1h | 0.1113 | −0.004% | $10K | $264K | 10x | as long as short |
| Binance ALGOUSDTlong | +0.0089% | 8h | 0.1113 | long leg | $9.8M | $33.9M | 75x |
Kraken Futures PF_ALGOUSD
Coinbase International ALGO-PERP-INTX
Deribit ALGO_USDC-PERPETUAL
gTrade (Gains Network) ALGO/USD
Bybit ALGOUSDT
Injective ALGO/USDC PERP
MEXC ALGO_USDT
Extended ALGO-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALGO | +0.0100% | 1h | 0.1115 | +0.137% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1114 | +0.033% | $44K | $38K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1113 | −0.024% | $2.9M | $7.4M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1113 | −0.015% | $875K | $815K | 50x | as long as short |
| KuCoin ALGOUSDTM | +0.0100% | 8h | 0.1114 | +0.030% | $3.6M | $1.4M | 50x | as long as short |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1113 | −0.024% | $5.6M | $3.5M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1113 | −0.051% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1113 | −0.051% | $66K | $105K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0101% | 8h | 0.1116 | +0.245% | $3.8M | $1.7M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0207% | 8h | 0.1112 | −0.123% | $489K | $764K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0341% / S −0.0351% | 1h | 0.1113 | −0.007% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1276% | 1h | 0.1113 | −0.042% | $159K | $3K | 5x | as long as short |
Hyperliquid ALGO
Aster ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
KuCoin ALGOUSDTM
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD