Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Variational Omni−0.078%7-day average −0.002% · 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)+0.003%$0 on $10k
+Price spread, last 7 days+0.104%+$10 · spread now −0.078%, 7d avg −0.002%
=Together, before fees+0.107%+ Points / potential airdropVariational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.076% cheaper against Variational Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni BTC | 86,205.5 | 0.0100 | pay 0.0100% / 8h | 7h 07m | $156.7M | $558.7M | — |
| Short | Polymarket Perps BTC-USD | 86,138 | 0.0100 | get 0.0013% / 1h | 7m 52s | $11.1M | $14.1M | 50x |
Variational Omni BTC
Polymarket Perps BTC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $0
- Price spread: −0.078% → −0.002%
- −$7.6
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$15.6
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Polymarket Perps: live order book, 6 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 Variational Omni RFQ quote, 1 min ago | 0.50 bp | doesn't fit | 0.5 bp −$5 | 1.2 bp −$120 | doesn't fit |
| Sell Polymarket Perps live order book, 6 min ago | 0.06 bp | 4.2 bp −$4 | 4.6 bp −$46 | 6.8 bp −$677 | doesn't fit |
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 86,215 | +0.011% | $2.2M | $11.2M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 86,144 | −0.071% | $9K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0040% | 1h | 86,126.7 | −0.091% | $363K | $2.3M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 86,127.2 | −0.091% | $582K | $21.2M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 86,166.4 | −0.045% | $36.8M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0023% | 1h | 86,365 | +0.185% | $343K | $26.9M | 52x | as long as short |
| dYdX BTC-USD | +0.0025% | 1h | 86,156.2 | −0.057% | $16.9M | $20.5M | 50x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 86,133.3 | −0.084% | $499.4M | $1.13B | 200x | as long as short |
| Bluefin BTC-PERP | +0.0043% | 1h | 86,176.2 | −0.034% | $144K | $666K | 40x | as long as short |
| KuCoin XBTUSDTM | +0.0044% | 8h | 86,124.7 | −0.094% | $828.6M | $714.9M | 125x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
dYdX BTC-USD
Aster BTCUSDT
Bluefin BTC-PERP
KuCoin XBTUSDTMShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Reya BTCRUSDPERP | +0.0049% | 1h | 86,134.8 | −0.082% | $6.7M | $145.8M | 40x | as long as short |
| BingX BTC-USDC | +0.0052% | 8h | 86,136.1 | −0.081% | — | $15.2M | — | as long as short |
| RISEx BTC/USDC | +0.0052% | 1h | 86,132.2 | −0.085% | $8.3M | $42.4M | 25x | as long as short |
| Bitget BTCUSDT | +0.0066% | 8h | 86,148.9 | −0.066% | $2.97B | $5.04B | 150x | as long as short |
| SoDEX BTC-USD | +0.0074% | 1h | 86,145 | −0.070% | $60.4M | $338.3M | 40x | as long as short |
| HTX BTC-USDT | +0.0077% | 8h | 86,124.9 | −0.094% | $2.29B | $957.4M | 200x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 86,141.2 | −0.075% | $2.5M | $1.8M | 20x | as long as short |
| Gate BTC_USDT | +0.0082% | 8h | 86,155.1 | −0.058% | $5.77B | $10.65B | 200x | as long as short |
| MEXC BTC_USDT | +0.0084% | 8h | 86,128.5 | −0.089% | $5.10B | $5.76B | 500x | as long as short |
| Binance BTCUSDT | +0.0084% | 8h | 86,145.2 | −0.070% | $9.38B | $24.23B | 150x | as long as short |
| Phemex BTCUSDT | +0.0085% | 8h | 86,144.9 | −0.070% | $155.9M | $473.3M | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 86,159.3 | −0.054% | $170.2M | $994.0M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 86,165.5 | −0.046% | $23.6M | $152.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 86,131 | −0.086% | $8.4M | $52.0M | 100x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 86,105 | −0.117% | $201K | $7.3M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 86,147.2 | −0.068% | $4.2M | $8.5M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 86,134.9 | −0.082% | $22.1M | $225.1M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 86,211 | +0.006% | $3.77B | $4.96B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 86,155.5 | −0.058% | $40.8M | $560.8M | 50x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 86,157.7 | −0.055% | $5.25B | $9.63B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 86,165.9 | −0.046% | $2.56B | $12.41B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 86,115 | −0.105% | $3.9M | $17.9M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 86,131.9 | −0.085% | $7.2M | $95.0M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 86,145.7 | −0.069% | $580.3M | $59.0M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 86,116 | −0.104% | $35.5M | $161.6M | 75x | as long as short |
| Variational Omni BTClong | +0.0100% | 8h | 86,205.5 | long leg | $156.7M | $558.7M | — | |
| edgeX BTCUSDC | +0.0100% | 4h | 86,200.1 | −0.006% | $278.4M | $938.7M | 100x | as long as short |
| GRVT BTC_USDT_Perp | +0.0100% | 8h | 86,266 | +0.070% | $216.6M | $165.4M | 50x | as long as short |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 86,239.5 | +0.039% | $141.2M | $320.0M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 86,190 | −0.018% | $30.6M | $207.5M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 86,189 | −0.019% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USDshort | +0.0100% | 1h | 86,138 | −0.078% | $11.1M | $14.1M | 50x | |
| Bullet BTC-USD | +0.0100% | 1h | 86,143.1 | −0.072% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 86,143.3 | −0.072% | $2.4M | $9.1M | 100x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 86,164.6 | −0.047% | $30.3M | $57.0M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 86,116.8 | −0.103% | $3.3M | $5.4M | 100x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 86,114.5 | −0.106% | $46.0M | $222.4M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0048% | 1h | 86,162.3 | −0.050% | — | $98.9M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0120% | 1h | 86,185.3 | −0.023% | $132.0M | $5.28B | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0121% | 1h | 86,177.9 | −0.032% | $191.2M | $951.4M | 100x | as long as short |
| Hibachi BTC/USDT-P | +0.0136% | 1h | 86,193.1 | −0.014% | $731K | $7.9M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0169% | 1h | 86,246.9 | +0.048% | $77K | $217K | 20x | as long as short |
| BloFin BTC-USDT | +0.0204% | 8h | 86,134 | −0.083% | $415.3M | $640.2M | 150x | as long as short |
| Kalshi KXBTCPERP | +0.0206% | 8h | 86,156 | −0.057% | $10.5M | $766.5M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0207% / S −0.0222% | 1h | 86,164.9 | −0.047% | $14.5M | — | 200x | as long as short |
| Deribit BTC-PERPETUAL | +0.0219% | 1h | 86,202.4 | −0.004% | $902.6M | $1.51B | 50x | as long as short |
Reya BTCRUSDPERP
BingX BTC-USDC
RISEx BTC/USDC
Bitget BTCUSDT
SoDEX BTC-USD
HTX BTC-USDT
Aevo BTC-PERP
Gate BTC_USDT
MEXC BTC_USDT
Binance BTCUSDT
Phemex BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Pacifica BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
Backpack BTC_USDC_PERP
edgeX BTCUSDC
GRVT BTC_USDT_Perp
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Bullet BTC-USD
Orderly PERP_BTC_USDC
Derive BTC-PERP
SunX BTC-USDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Kraken Futures PF_XBTUSD
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD
BloFin BTC-USDT
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]
Deribit BTC-PERPETUAL