Funding you earn now, next payment 06:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Aevo−0.007%7-day average — · 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)—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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo ETHFI-PERP | 0.7027 | 0.0072 | pay 0.0009% / 1h | 15m 43s | $8K | — | 3x |
| Short | Variational Omni ETHFI | 0.7027 | −0.0146 | pay 0.0073% / 4h | 2h 15m | $932K | $782K | — |
Aevo ETHFI-PERP
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aevo. 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
- −$45.88
- Price spread: −0.007% → 0.000%
- −$0.74
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$62.62
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 3 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 3 min ago | 4.29 bp | doesn't fit | 42.9 bp −$429 | doesn't fit | doesn't fit |
Aevo: 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.
ETHFI on 24 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_ETHFIUSD | −0.0406% | 1h | 0.7043 | +0.224% | $289K | $286K | 20x | as long as short |
| HTX ETHFI-USDT | −0.0320% | 4h | 0.7010 | −0.247% | $81K | $171K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0261% | 4h | 0.7031 | +0.052% | $16K | $1K | 10x | as long as short |
| Bybit ETHFIUSDT | −0.0202% | 4h | 0.7038 | +0.151% | $17.6M | $13.0M | 25x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0176% | 1h | 0.7034 | +0.094% | $40K | $10K | 10x | as long as short |
| Variational Omni ETHFIshort | −0.0146% | 4h | 0.7027 | −0.007% | $932K | $782K | — | |
| Extended ETHFI-USD | −0.0024% | 1h | 0.7031 | +0.054% | $95K | $502K | 10x | as long as short |
| MEXC ETHFI_USDT | −0.0022% | 4h | 0.7033 | +0.080% | $15.8M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | −0.0019% | 4h | 0.7035 | +0.109% | $24.4M | $35.7M | 75x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0003% | 8h | 0.7022 | −0.074% | $6K | — | 5x | as long as short |
Kraken Futures PF_ETHFIUSD
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Deribit ETHFI_USDC-PERPETUAL
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Paradex ETHFI-USD-PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.026% | $321 | $51K | 5.5x | as long as short |
| Aster ETHFIUSDT | +0.0059% | 4h | 0.7041 | +0.196% | $180K | $260K | 10x | as long as short |
| Aevo ETHFI-PERPlong | +0.0072% | 1h | 0.7027 | long leg | $8K | — | 3x | |
| Lighter ETHFI | +0.0096% | 1h | 0.7044 | +0.240% | $1.1M | $831K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7040 | +0.186% | $17.0M | $8.5M | 5x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7040 | +0.180% | $5.2M | $12.7M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7039 | +0.166% | $1.7M | $2.0M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7031 | +0.052% | $1.2M | $230K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7036 | +0.123% | $6.1M | $5.0M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7037 | +0.137% | — | $8.9M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7032 | +0.062% | $63K | $127K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7039 | +0.166% | $2K | $1.1M | 20x | as long as short |
| BloFin ETHFI-USDT | +0.0217% | 4h | 0.7018 | −0.133% | $1.2M | $241K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0376% | 1h | 0.7043 | +0.223% | $32K | $6K | 50x | as long as short |
Injective ETHFI/USDC PERP
Aster ETHFIUSDT
Lighter ETHFI
Hyperliquid ETHFI
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX