Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Variational Omni against MEXC−0.068%7-day average +0.062% · 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)−0.010%−$1 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now −0.068%, 7d avg +0.062%
=Together, before fees+0.098%+ Points / potential airdropVariational Omni: Active · farm board+$10 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: Variational Omni is 0.130% cheaper against MEXC than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC ETHFI_USDT | 0.7059 | 0.0100 | pay 0.0050% / 4h | 22m 36s | $15.7M | $4.0M | 125x |
| Short | Variational Omni ETHFI | 0.7054 | 0.0100 | get 0.0050% / 4h | 22m 36s | $977K | $710K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against MEXC. 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: −0.068% → +0.062%
- −$13.04
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.04
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: MEXC: live order book, 1 min ago; Variational Omni: RFQ quote, 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 MEXC live order book, 1 min ago | 0.71 bp | 5.9 bp −$6 | 13.8 bp −$138 | 62.4 bp −$6,239 | 180.2 bp −$90.1K |
| Sell Variational Omni RFQ quote, 6 min ago | 4.95 bp | doesn't fit | 45.9 bp −$459 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ETHFI_USDC-PERPETUAL | −0.0598% | 1h | 0.7069 | +0.142% | $40K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0302% | 4h | 0.7058 | −0.014% | $87K | $168K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0222% | 4h | 0.7067 | +0.113% | $16K | $1K | 10x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +2.564% | $321 | $51K | 5.5x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0044% | 1h | 0.7072 | +0.186% | $265K | $209K | 20x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0049% | 8h | 0.7060 | +0.012% | $6K | — | 5x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.7070 | +0.150% | $1.1M | $879K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7067 | +0.110% | $17.5M | $7.9M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7070 | +0.152% | $181K | $262K | 10x | as long as short |
| Binance ETHFIUSDT | +0.0100% | 4h | 0.7062 | +0.042% | $24.5M | $35.2M | 75x | as long as short |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7063 | +0.057% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7067 | +0.113% | $5.1M | $12.4M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7070 | +0.156% | $1.7M | $2.0M | 75x | as long as short |
| MEXC ETHFI_USDTlong | +0.0100% | 4h | 0.7059 | long leg | $15.7M | $4.0M | 125x | |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.7072 | +0.184% | $1.2M | $228K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7061 | +0.028% | $6.1M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7067 | +0.113% | — | $26.0M | — | as long as short |
| Variational Omni ETHFIshort | +0.0100% | 4h | 0.7054 | −0.068% | $977K | $710K | — | |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7085 | +0.367% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7074 | +0.212% | $2K | $1.1M | 20x | as long as short |
| Extended ETHFI-USD | +0.0104% | 1h | 0.7056 | −0.044% | $97K | $379K | 10x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7068 | +0.121% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0340% | 4h | 0.7062 | +0.042% | $1.2M | $248K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0624% | 1h | 0.7096 | +0.524% | $31K | $6K | 50x | as long as short |
MEXC ETHFI_USDT
Variational Omni ETHFI
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Injective ETHFI/USDC PERP
Kraken Futures PF_ETHFIUSD
Paradex ETHFI-USD-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Binance ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Extended ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX