Funding you earn now, next payment 08:00 UTC+0.3695%/8h= +404.6% APRpaid last 24h +0.281%
Price spread now: Variational Omni against Deribit−0.118%7-day average −0.081% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.791%+$79 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.118%, 7d avg −0.081%
=Together, before fees+0.940%+ Points / potential airdropVariational Omni: Active · farm board+$94 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.037% cheaper against Deribit than usual: you would sell low and buy high (spread −0.118% now, against its 7-day average of −0.081%). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$111 a day). At the pace of the last 4 days (+0.791% in total) that is about 4 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.791% in total (about 79.4% 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 | Deribit DOT_USDC-PERPETUAL | 1.1660 | −0.3595 | get 0.0449% / 1h | 40m 46s | $247K | $152K | 50x |
| Short | Variational Omni DOT | 1.1646 | 0.0100 | get 0.0100% / 8h | 40m 46s | $530K | $50K | — |
Deribit DOT_USDC-PERPETUAL
Variational Omni DOTFunding 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
- $775.95
- Price spread: −0.118% → −0.081%
- −$3.69
- 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
- $765.26
- Costs to cover
- 0.070%
- Break-even
- 0.1 days
Slippage unknown: Deribit: live order book, 63 min ago; Variational Omni: RFQ quote, 63 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 Deribit live order book, 63 min ago | 8.15 bp | 13.3 bp −$13 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 63 min ago | 3.17 bp | doesn't fit | 17.7 bp −$177 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUALlong | −0.3595% | 1h | 1.1660 | long leg | $247K | $152K | 50x | |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1648 | −0.103% | $252 | — | — | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0104% | 1h | 1.1660 | 0.000% | $170K | $2.0M | 50x | as long as short |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1653 | −0.060% | $3K | — | 150x | as long as short |
| dYdX DOT-USD | +0.0002% | 1h | 1.1648 | −0.106% | $140K | $6K | 10x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +3.087% | $328 | $121K | 12x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1647 | −0.110% | $244K | $674K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1644 | −0.137% | $5.6M | $4.6M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1651 | −0.077% | $839K | $606K | 50x | as long as short |
| Binance DOTUSDT | +0.0100% | 8h | 1.1647 | −0.108% | $42.6M | $88.8M | 75x | as long as short |
Reya DOTRUSDPERP
Coinbase International DOT-PERP-INTX
gTrade (Gains Network) DOT/USD
dYdX DOT-USD
Injective DOT/USDC PERP
Lighter DOT
Hyperliquid DOT
Aster DOTUSDT
Binance DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit DOTUSDT | +0.0100% | 8h | 1.1639 | −0.180% | $23.7M | $20.2M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1634 | −0.223% | $9.0M | $25.3M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1650 | −0.086% | $6.6M | $12.9M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1644 | −0.137% | $37.2M | $62.6M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1647 | −0.111% | $6.1M | $9.4M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1640 | −0.172% | $22.3M | $14.6M | 75x | as long as short |
| BingX DOT-USDT | +0.0100% | 8h | 1.1639 | −0.180% | — | $9.5M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1656 | −0.034% | $88K | $130K | 10x | as long as short |
| Variational Omni DOTshort | +0.0100% | 8h | 1.1646 | −0.118% | $530K | $50K | — | |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1644 | −0.139% | $34K | $334K | 20x | as long as short |
| GRVT DOT_USDT_Perp | +0.0100% | 8h | 1.1650 | −0.085% | $223K | $432K | 10x | as long as short |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1650 | −0.086% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1672 | +0.103% | $1K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1652 | −0.069% | $262K | $282K | 75x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1643 | −0.145% | $14K | $272K | 25x | as long as short |
| Phemex DOTUSDT | +0.0207% | 8h | 1.1660 | 0.000% | $2.4M | $2.2M | 50x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1651 | −0.077% | $1.9M | $896K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0291% / S −0.0937% | 1h | 1.1653 | −0.061% | $20K | — | 100x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0338% | 1h | 1.1660 | −0.004% | $4.4M | $1.5M | 50x | as long as short |
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDT
Backpack DOT_USDC_PERP
edgeX DOTUSDC
GRVT DOT_USDT_Perp
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Extended DOT-USD
Phemex DOTUSDT
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]
Kraken Futures PF_DOTUSD