Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.81 per $10,000 · paid last 24h −0.010%
Price spread now: BingX against Variational Omni−0.026%7-day average −0.006% · 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)−0.050%−$5 on $10k
+Price spread, last 7 days+0.044%+$4 · spread now −0.026%, 7d avg −0.006%
=Together, before fees−0.005%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETH | 2,731.6 | 0.0100 | pay 0.0100% / 8h | 42m 33s | $134.1M | $318.3M | — |
| Short | BingX ETH-USDT | 2,730.9 | 0.0019 | get 0.0019% / 8h | 42m 33s | — | $1.10B | — |
Variational Omni ETH
BingX ETH-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$17.01
- Price spread: −0.026% → −0.006%
- −$1.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$29
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 12 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, 2 min ago | 0.48 bp | doesn't fit | 0.5 bp −$5 | 3.7 bp −$370 | doesn't fit |
| Sell BingX live order book, 12 min ago | 0.04 bp | 5.0 bp −$5 | 5.0 bp −$50 | 5.0 bp −$504 | 6.0 bp −$3,010 |
ETH on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ETH-USDT | −0.0189% | 8h | 2,730 | −0.059% | $281.1M | $177.9M | 150x | as long as short |
| Hotstuff ETH-PERP | −0.0080% | 1h | 2,732.1 | +0.017% | $5K | $1K | 50x | as long as short |
| Phoenix ETH | −0.0015% | 1h | 2,733.5 | +0.068% | $811K | $3.0M | 25x | as long as short |
| GMX ETH/USD [ETH-USDC] | L −0.0010% / S +0.0043% | 1h | 2,730.9 | −0.026% | $11.9M | — | 200x | as long as short |
| dYdX ETH-USD | 0.0000% | 1h | 2,731.3 | −0.014% | $10.5M | $42.6M | 50x | as long as short |
| Kalshi KXETHPERP | 0.0000% | 8h | 2,731.3 | −0.012% | $6.3M | $680.6M | 4.9x | as long as short |
| Perpl ETH | 0.0000% | 43m | 2,731.4 | −0.007% | $286K | $5.7M | 8.3x | as long as short |
| Deribit ETH-PERPETUAL | 0.0000% | 1h | 2,730.6 | −0.039% | $262.4M | $212.0M | 50x | as long as short |
| gTrade (Gains Network) ETH/USD | L +0.0007% / S −0.0006% | 1h | 2,730.7 | −0.035% | $32.9M | — | 200x | as long as short |
| BingX ETH-USDTshort | +0.0019% | 8h | 2,730.9 | −0.026% | — | $1.10B | — |
BloFin ETH-USDT
Hotstuff ETH-PERP
Phoenix ETH
GMX ETH/USD [ETH-USDC]
dYdX ETH-USD
Kalshi KXETHPERP
Perpl ETH
Deribit ETH-PERPETUAL
gTrade (Gains Network) ETH/USDShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHUSDT | +0.0024% | 8h | 2,731.8 | +0.006% | $2.33B | $4.36B | 150x | as long as short |
| HTX ETH-USDT | +0.0029% | 8h | 2,729.5 | −0.079% | $1.05B | $1.22B | 200x | as long as short |
| 01 Exchange ETHUSD | +0.0032% | 1h | 2,731.8 | +0.006% | $192K | $888K | 50x | as long as short |
| Injective ETH/USDC PERP | +0.0050% | 1h | 2,732.3 | +0.024% | $117K | $20.2M | 52x | as long as short |
| ApeX Omni ETHUSDT | +0.0057% | 1h | 2,731.2 | −0.015% | $8.6M | $31.6M | 100x | as long as short |
| Kraken Futures PF_ETHUSD | +0.0060% | 1h | 2,730.2 | −0.052% | $82.0M | $309.3M | 100x | as long as short |
| KuCoin ETHUSDTM | +0.0072% | 8h | 2,731.1 | −0.021% | $384.9M | $576.9M | 100x | as long as short |
| Hibachi ETH/USDT-P | +0.0072% | 1h | 2,731.7 | +0.003% | $242K | $1.4M | 20x | as long as short |
| OKX ETH-USDT-SWAP | +0.0075% | 8h | 2,731.7 | +0.002% | $1.65B | $10.85B | 100x | as long as short |
| Aster ETHUSDT | +0.0081% | 8h | 2,732 | +0.013% | $253.0M | $849.3M | 200x | as long as short |
| Binance ETHUSDT | +0.0094% | 8h | 2,731.5 | −0.005% | $6.32B | $16.15B | 150x | as long as short |
| MEXC ETH_USDT | +0.0094% | 8h | 2,730.8 | −0.031% | $1.56B | $2.56B | 500x | as long as short |
| Lighter ETH | +0.0096% | 1h | 2,731.6 | −0.003% | $112.6M | $429.5M | 50x | as long as short |
| Lighter RH ETH | +0.0096% | 1h | 2,732.7 | +0.040% | $23.5M | $102.0M | 50x | as long as short |
| Aevo ETH-PERP | +0.0096% | 1h | 2,727.4 | −0.156% | $4.9M | $181K | 20x | as long as short |
| Katana Perps ETH-USD | +0.0100% | 8h | 2,730.7 | −0.034% | $500K | $3.5M | 50x | as long as short |
| Paradex ETH-USD-PERP | +0.0100% | 8h | 2,735.3 | +0.135% | $15.4M | $7.7M | 50x | as long as short |
| Nado ETH-PERP | +0.0100% | 1h | 2,730.3 | −0.049% | $14.0M | $104.9M | 50x | as long as short |
| Hyperliquid ETH | +0.0100% | 1h | 2,732.3 | +0.024% | $3.11B | $2.04B | 25x | as long as short |
| Pacifica ETH | +0.0100% | 1h | 2,731.9 | +0.009% | $32.1M | $333.6M | 50x | as long as short |
| Ondo Perps ETH-USD.P | +0.0100% | 1h | 2,730.2 | −0.052% | $2.7M | $16.8M | 25x | as long as short |
| Arcus ETH-USD | +0.0100% | 1h | 2,731.8 | +0.006% | $1.5M | $15.9M | 25x | as long as short |
| Bulk ETH-USD | +0.0100% | 1h | 2,729.5 | −0.077% | $162.7M | $356.9M | 25x | as long as short |
| Gate ETH_USDT | +0.0100% | 8h | 2,731.2 | −0.015% | $3.31B | $8.86B | 200x | as long as short |
| Bitget ETHUSDT | +0.0100% | 8h | 2,732.1 | +0.017% | $2.10B | $2.77B | 150x | as long as short |
| Backpack ETH_USDC_PERP | +0.0100% | 1h | 2,729.7 | −0.069% | $15.0M | $41.2M | 50x | as long as short |
| Variational Omni ETHlong | +0.0100% | 8h | 2,731.6 | long leg | $134.1M | $318.3M | — | |
| edgeX ETHUSDC | +0.0100% | 4h | 2,731.7 | +0.003% | $185.7M | $684.0M | 100x | as long as short |
| GRVT ETH_USDT_Perp | +0.0100% | 8h | 2,732 | +0.014% | $158.8M | $83.6M | 50x | as long as short |
| StandX ETH-USD | +0.0100% | 1h | 2,731.5 | −0.005% | $21.0M | $70.6M | 40x | as long as short |
| Vest ETH-PERP | +0.0100% | 1h | 2,733.2 | +0.057% | — | $445K | 50x | as long as short |
| Polymarket Perps ETH-USD | +0.0100% | 1h | 2,733.3 | +0.061% | $11.2M | $9.4M | 50x | as long as short |
| Bullet ETH-USD | +0.0100% | 1h | 2,730.6 | −0.040% | $184K | $1.7M | 20x | as long as short |
| Bluefin ETH-PERP | +0.0100% | 1h | 2,730.6 | −0.036% | $22K | $20K | 25x | as long as short |
| Derive ETH-PERP | +0.0100% | 1h | 2,731.6 | 0.000% | $40.9M | $30.1M | 15x | as long as short |
| SunX ETH-USDT | +0.0100% | 8h | 2,730.3 | −0.048% | $958K | $10.9M | 100x | as long as short |
| SoDEX ETH-USD | +0.0100% | 1h | 2,729.7 | −0.071% | $54.4M | $187.1M | 40x | as long as short |
| Phemex ETHUSDT | +0.0100% | 8h | 2,730.9 | −0.025% | $263.2M | $64.5M | 150x | as long as short |
| Aftermath Perps ETHUSD | +0.0103% | 1h | 2,731.8 | +0.005% | $30K | $20K | 20x | as long as short |
| Extended ETH-USD | +0.0104% | 1h | 2,730.2 | −0.051% | $30.4M | $72.5M | 50x | as long as short |
| Jupiter Perps ETH-PERP | L +0.0104% / S +0.0056% | 1h | 2,731.4 | −0.009% | — | $30.4M | 500x | as long as short |
| Coinbase International ETH-PERP-INTX | +0.0112% | 1h | 2,731 | −0.023% | $46.5M | $4.30B | 50x | as long as short |
| RISEx ETH/USDC | +0.0114% | 1h | 2,731.4 | −0.009% | $5.6M | $11.7M | 25x | as long as short |
| Reya ETHRUSDPERP | +0.0183% | 1h | 2,731 | −0.022% | $7.3M | $975K | 25x | as long as short |
| Orderly PERP_ETH_USDC | +0.0184% | 8h | 2,732.3 | +0.024% | $32.2M | $11.3M | 100x | as long as short |
Bybit ETHUSDT
HTX ETH-USDT
01 Exchange ETHUSD
Injective ETH/USDC PERP
ApeX Omni ETHUSDT
Kraken Futures PF_ETHUSD
KuCoin ETHUSDTM
Hibachi ETH/USDT-P
OKX ETH-USDT-SWAP
Aster ETHUSDT
Binance ETHUSDT
MEXC ETH_USDT
Lighter ETH
Lighter RH ETH
Aevo ETH-PERP
Katana Perps ETH-USD
Paradex ETH-USD-PERP
Nado ETH-PERP
Hyperliquid ETH
Pacifica ETH
Ondo Perps ETH-USD.P
Arcus ETH-USD
Bulk ETH-USD
Gate ETH_USDT
Bitget ETHUSDT
Backpack ETH_USDC_PERP
edgeX ETHUSDC
GRVT ETH_USDT_Perp
StandX ETH-USD
Vest ETH-PERP
Polymarket Perps ETH-USD
Bullet ETH-USD
Bluefin ETH-PERP
Derive ETH-PERP
SunX ETH-USDT
SoDEX ETH-USD
Phemex ETHUSDT
Aftermath Perps ETHUSD
Extended ETH-USD
Jupiter Perps ETH-PERP
Coinbase International ETH-PERP-INTX
RISEx ETH/USDC
Reya ETHRUSDPERP
Orderly PERP_ETH_USDC