Funding you earn now, next payment 01:00 UTC+0.0075%/8h= +8.2% APRpaid last 24h —
Price spread now: Variational Omni against Deribit−0.274%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 9 hours (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. Variational Omni is 0.274% cheaper against Deribit than usual: you would sell low and buy high (spread −0.274% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$27 on $10k: about 12 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 | Deribit ALT_USDC-PERPETUAL | 0.007584 | 0 | get 0.0000% / 1h | 6m 44s | — | $0 | 25x |
| Short | Variational Omni ALT | 0.007563 | 0.0075 | get 0.0037% / 4h | 3h 06m | $5K | $13K | — |
Deribit ALT_USDC-PERPETUAL
Variational Omni ALTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $15.74
- Price spread: −0.274% → 0.000%
- −$27.36
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$18.61
- Costs to cover
- 0.070%
- Break-even
- 15.3 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Deribit and 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.
ALT on 14 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_ALTUSD | −0.0494% | 1h | 0.007587 | +0.035% | $44K | $8K | 10x | as long as short |
| Deribit ALT_USDC-PERPETUALlong | 0.0000% | 1h | 0.007584 | long leg | — | $0 | 25x | |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007604 | +0.264% | $827 | $4K | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0057% | 4h | 0.007591 | +0.092% | $172K | $10K | 50x | as long as short |
| Variational Omni ALTshort | +0.0075% | 4h | 0.007563 | −0.274% | $5K | $13K | — | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007579 | −0.066% | $1.1M | $180K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007580 | −0.052% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007571 | −0.171% | $1.2M | $1.6M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007577 | −0.092% | $52K | $410K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007580 | −0.053% | $417K | $187K | 50x | as long as short |
Kraken Futures PF_ALTUSD
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007583 | −0.013% | $149K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007580 | −0.053% | $602K | $124K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007581 | −0.040% | — | $1.3M | — | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0392% | 1h | 0.007598 | +0.185% | $14K | $3K | 50x | as long as short |
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDT
Coinbase International ALT-PERP-INTX