Funding you earn now, next payment 00:00 UTC−0.0528%/8h= −57.8% APRnext payment −$2.64 per $10,000 · paid last 24h −0.055%
Price spread now: Variational Omni against Binance−1.108%7-day average −0.053% · 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)−0.109%−$11 on $10k
+Price spread, last 3 days (all we have)+1.080%+$108 · spread now −1.108%, 7d avg −0.053%
=Together, before fees+0.971%+ Points / potential airdropVariational Omni: Active · farm board+$97 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 1.055% cheaper against Binance than usual: you would sell low and buy high (−$105 if the spread goes back to its 7-day average of −0.053%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.109% in total (about -12.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.64 per $10,000. 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 | Binance EDGEUSDT | 0.6004 | 0.0628 | pay 0.0314% / 4h | 52m 02s | $10.2M | $10.1M | 50x |
| Short | Variational Omni EDGE | 0.5938 | 0.0100 | get 0.0050% / 4h | 52m 02s | $193K | $130K | — |
Binance EDGEUSDT
Variational Omni EDGEFunding 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
- −$110.85
- Price spread: −1.108% → −0.053%
- −$105.5
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$226.35
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 3 min ago; Variational Omni: RFQ quote, 27 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 Binance live order book, 3 min ago | 0.83 bp | 27.6 bp −$28 | 202.6 bp −$2,026 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 27 min ago | 7.68 bp | doesn't fit | 280.8 bp −$2,808 | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5989 | −0.247% | $56K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5990 | −0.237% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5999 | −0.087% | $4.8M | $999K | 20x | as long as short |
| Backpack EDGE_USDC_PERP | +0.0100% | 1h | 0.6006 | +0.028% | $58K | $100K | 3.3x | as long as short |
| Variational Omni EDGEshort | +0.0100% | 4h | 0.5938 | −1.108% | $193K | $130K | — | |
| GRVT EDGE_USDT_Perp | +0.0100% | 4h | 0.5983 | −0.355% | $2K | $1.8M | 10x | as long as short |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5937 | −1.120% | $8K | $290K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.6285 | +4.676% | $4K | $610K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0258% | 4h | 0.6003 | −0.021% | $2.1M | $2.2M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0614% | 4h | 0.6005 | +0.013% | $1.2M | $914K | 50x | as long as short |
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Backpack EDGE_USDC_PERP
GRVT EDGE_USDT_Perp
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
MEXC EDGE_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0624% | 1h | 0.6010 | +0.101% | $27K | $230K | 5x | as long as short |
| Binance EDGEUSDTlong | +0.0628% | 4h | 0.6004 | long leg | $10.2M | $10.1M | 50x | |
| Aster EDGEUSDT | +0.0637% | 4h | 0.5992 | −0.206% | $69K | $136K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0649% | 4h | 0.6001 | −0.054% | $3K | — | 10x | as long as short |
| BloFin EDGE-USDT | +0.0666% | 4h | 0.6012 | +0.129% | $642K | $128K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0723% | 4h | 0.5984 | −0.331% | $14.3M | $3.4M | 30x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0768% | 4h | 0.6015 | +0.179% | $3.7M | $5.9M | 20x | as long as short |
Extended EDGE-USD
Aster EDGEUSDT
Orderly PERP_EDGE_USDC
BloFin EDGE-USDT
edgeX EDGEUSDC
OKX EDGE-USDT-SWAP