Funding you earn now, next payment 00:00 UTC−0.0063%/8h= −6.9% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Orderly−0.178%7-day average — · 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)—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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.178% cheaper against Orderly than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_FIL_USDC_mythos | 0.9815 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $5K | — | 10x |
| Short | Variational Omni FIL | 0.9797 | 0.0037 | get 0.0037% / 8h | 2h 06m | $435K | $276K | — |
Orderly PERP_FIL_USDC_mythos
Variational Omni FILFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$13.31
- Price spread: −0.178% → 0.000%
- −$17.77
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$37.09
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 17 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 17 min ago | 3.55 bp | doesn't fit | 39.1 bp −$391 | doesn't fit | doesn't fit |
Orderly: 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.
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-PERPETUAL | −0.1175% | 1h | 0.9809 | −0.058% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0625% | 1h | 0.9801 | −0.139% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9856 | +0.421% | $315K | $1.9M | 50x | as long as short |
| Lighter FIL | −0.0312% | 1h | 0.9794 | −0.214% | $156K | $337K | 5x | as long as short |
| Bybit FILUSDT | −0.0033% | 8h | 0.9796 | −0.191% | $15.4M | $17.9M | 25x | as long as short |
| Bitget FILUSDT | −0.0029% | 8h | 0.9790 | −0.252% | $10.7M | $21.4M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9809 | −0.061% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9807 | −0.082% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0020% | 8h | 0.9792 | −0.231% | $18.1M | $95.5M | 50x | as long as short |
| KuCoin FILUSDTM | +0.0024% | 8h | 0.9797 | −0.180% | $7.3M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Lighter FIL
Bybit FILUSDT
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9850 | +0.360% | $2K | $182K | 12x | as long as short |
| Variational Omni FILshort | +0.0037% | 8h | 0.9797 | −0.178% | $435K | $276K | — | |
| MEXC FIL_USDC | +0.0085% | 8h | 0.9791 | −0.241% | $249K | $106K | 50x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9792 | −0.232% | $685K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0089% | 8h | 0.9792 | −0.227% | $56.3M | $174.7M | 75x | as long as short |
| BingX FIL-USDT | +0.0093% | 8h | 0.9798 | −0.170% | — | $11.9M | — | as long as short |
| Hyperliquid FIL | +0.0096% | 1h | 0.9796 | −0.196% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9798 | −0.169% | $485K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9805 | −0.099% | $7.8M | $16.4M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9798 | −0.168% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9798 | −0.174% | $287K | $801K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9800 | −0.150% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythoslong | +0.0100% | 4h | 0.9815 | long leg | $5K | — | 10x | |
| SunX FIL-USDT | +0.0100% | 8h | 0.9800 | −0.150% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9795 | −0.201% | $474 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9810 | −0.048% | $621K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9800 | −0.150% | $1.0M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0209% | 8h | 0.9810 | −0.048% | $2.6M | $645K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0624% / S −0.0759% | 1h | 0.9809 | −0.062% | $217K | — | 100x | as long as short |
Injective FIL/USDC PERP
MEXC FIL_USDC
Extended FIL-USD
Binance FILUSDT
BingX FIL-USDT
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]