Funding you earn now, next payment 12:00 UTC−0.0369%/8h= −40.5% APRnext payment −$1.85 per $10,000 · paid last 24h −0.015%
Price spread now: Variational Omni against SunX−0.282%7-day average −0.010% · 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)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.282%, 7d avg −0.010%
=Together, before fees+0.326%+ Points / potential airdropVariational Omni: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.272% cheaper against SunX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.015% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.85 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 | SunX ETHFI-USDT | 0.6968 | 0.0100 | pay 0.0050% / 4h | 3h 55m | $2K | $1.1M | 20x |
| Short | Variational Omni ETHFI | 0.6948 | −0.0269 | pay 0.0135% / 4h | 3h 55m | $915K | $785K | — |
SunX ETHFI-USDT
Variational Omni ETHFIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against SunX. 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
- −$77.59
- Price spread: −0.282% → −0.010%
- −$27.19
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$112.78
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Variational Omni: RFQ quote, 13 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 SunX live order book, 7 min ago | 501.08 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 13 min ago | 5.03 bp | doesn't fit | 35.2 bp −$352 | 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 | −0.0468% | 1h | 0.6957 | −0.158% | $41K | $12K | 10x | as long as short |
| HTX ETHFI-USDT | −0.0318% | 4h | 0.6959 | −0.129% | $83K | $149K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0283% | 4h | 0.6956 | −0.172% | $16K | $1K | 10x | as long as short |
| Variational Omni ETHFIshort | −0.0269% | 4h | 0.6948 | −0.282% | $915K | $785K | — | |
| Bybit ETHFIUSDT | −0.0124% | 4h | 0.6947 | −0.301% | $17.1M | $12.9M | 25x | as long as short |
| Paradex ETHFI-USD-PERP | −0.0117% | 8h | 0.6960 | −0.117% | $6K | — | 5x | as long as short |
| Extended ETHFI-USD | 0.0000% | 1h | 0.6944 | −0.342% | $95K | $505K | 10x | as long as short |
| MEXC ETHFI_USDT | 0.0000% | 4h | 0.6954 | −0.201% | $15.7M | $4.1M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0002% | 4h | 0.6946 | −0.316% | $24.2M | $36.0M | 75x | as long as short |
| Injective ETHFI/USDC PERP | +0.0033% | 1h | 0.7240 | +3.904% | $321 | $51K | 5.5x | as long as short |
Deribit ETHFI_USDC-PERPETUAL
HTX ETHFI-USDT
Orderly PERP_ETHFI_USDC
Bybit ETHFIUSDT
Paradex ETHFI-USD-PERP
Extended ETHFI-USD
MEXC ETHFI_USDT
Binance ETHFIUSDT
Injective ETHFI/USDC PERPShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo ETHFI-PERP | +0.0080% | 1h | 0.6953 | −0.215% | $8K | — | 3x | as long as short |
| Lighter ETHFI | +0.0096% | 1h | 0.6966 | −0.024% | $1.1M | $824K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.6956 | −0.166% | $16.7M | $8.7M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.6957 | −0.157% | $178K | $224K | 10x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.6952 | −0.230% | $5.1M | $12.6M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.6958 | −0.144% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTM | +0.0100% | 4h | 0.6960 | −0.115% | $1.2M | $215K | 50x | as long as short |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.6947 | −0.301% | $6.1M | $4.7M | 75x | as long as short |
| BingX ETHFI-USDC | +0.0100% | 4h | 0.6947 | −0.301% | — | $1.2M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.6967 | −0.014% | $52K | $149K | 5x | as long as short |
| SunX ETHFI-USDTlong | +0.0100% | 4h | 0.6968 | long leg | $2K | $1.1M | 20x | |
| BloFin ETHFI-USDT | +0.0240% | 4h | 0.6974 | +0.086% | $1.2M | $242K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0336% | 1h | 0.6990 | +0.316% | $32K | $6K | 50x | as long as short |
| Kraken Futures PF_ETHFIUSD | +0.0867% | 1h | 0.6968 | −0.002% | $291K | $283K | 20x | as long as short |
Aevo ETHFI-PERP
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
KuCoin ETHFIUSDTM
Bitget ETHFIUSDT
BingX ETHFI-USDC
Polymarket Perps ETHFI-USD
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX
Kraken Futures PF_ETHFIUSD