Funding you earn now, next payment 07:00 UTC+0.0753%/8h= +82.5% APRpaid last 24h +0.189%
Price spread now: Variational Omni against Deribit+0.418%7-day average −0.094% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.234%+$23 on $10k
+Price spread, last 4 days (all we have)−0.636%−$64 · spread now +0.418%, 7d avg −0.094%
=Together, before fees−0.402%+ Points / potential airdropVariational Omni: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Variational Omni is 0.512% dearer against Deribit than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of −0.094%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.234% in total (about 23.6% a year). A funding rate is set anew for every payment. 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 | Deribit FIL_USDC-PERPETUAL | 0.9953 | −0.0653 | get 0.0082% / 1h | 6m 01s | $171K | $23K | 25x |
| Short | Variational Omni FIL | 0.9995 | 0.0100 | get 0.0100% / 8h | 1h 06m | $450K | $278K | — |
Deribit FIL_USDC-PERPETUAL
Variational Omni FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Deribit. 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
- $158.13
- Price spread: +0.418% → −0.094%
- $51.2
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $202.33
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Deribit: live order book, 37 min ago; Variational Omni: RFQ quote, 38 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 Deribit live order book, 37 min ago | 5.05 bp | 17.6 bp −$18 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 38 min ago | 3.53 bp | doesn't fit | 47.9 bp −$479 | doesn't fit | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUALlong | −0.0653% | 1h | 0.9953 | long leg | $171K | $23K | 25x | |
| Coinbase International FIL-PERP-INTX | −0.0248% | 1h | 0.9967 | +0.141% | $350K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9958 | +0.052% | $26K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9966 | +0.127% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.985% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0070% | 8h | 0.9951 | −0.020% | $7.1M | $8.0M | 50x | as long as short |
| OKX FIL-USDT-SWAP | +0.0079% | 8h | 0.9954 | +0.010% | $18.0M | $108.9M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9954 | +0.013% | $148K | $356K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9962 | +0.094% | $8.4M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9953 | −0.004% | $507K | $606K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9954 | +0.007% | $56.1M | $185.9M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9952 | −0.010% | $15.6M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9959 | +0.060% | $8.2M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9953 | 0.000% | $231K | $106K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9955 | +0.020% | $11.2M | $19.8M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9953 | 0.000% | — | $11.8M | — | as long as short |
| Variational Omni FILshort | +0.0100% | 8h | 0.9995 | +0.418% | $450K | $278K | — | |
| edgeX FILUSDC | +0.0100% | 4h | 0.9979 | +0.264% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9977 | +0.246% | $291K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9980 | +0.271% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9966 | +0.128% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9950 | −0.030% | $3K | $1.2M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9955 | +0.020% | $483 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9957 | +0.040% | $621K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9950 | −0.030% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9954 | +0.012% | $700K | $1.4M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9977 | +0.241% | $2.6M | $679K | 75x | as long as short |
| Kraken Futures PF_FILUSD | +0.0245% | 1h | 0.9962 | +0.093% | $1.4M | $2.1M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0603% / S −0.0280% | 1h | 0.9976 | +0.228% | $267K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
Kraken Futures PF_FILUSD
GMX FIL/USD [WBTC.b-USDC]