INIT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.0% APRnext payment −$0.14 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Variational Omni+0.165%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on BloFin

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. BloFin is 0.165% dearer against Variational Omni than usual: you sell high and buy low (spread +0.165% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni INIT	0.08255	0.0100	pay 0.0050% / 4h	1h 40m	$26K	$23K	—
Short	BloFin INIT-USDT	0.08269	0.0072	get 0.0036% / 4h	1h 40m	$152K	$112K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BloFinbpOrdersPrice spread, now +0.165%Rate

Funding earned: −$5.82
Price spread: +0.165% → 0.000%: $16.49
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1.34
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 71 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 Variational Omni no order-book sample	—	—	—	—	—
Sell BloFin live order book, 71 min ago	3.02 bp	25.4 bp −$25	65.9 bp −$659	doesn't fit	doesn't fit

Variational Omni: 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.

INIT on 13 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
BloFin INIT-USDTshort	+0.0072%	4h	0.08269	+0.165%	$152K	$112K	25x
Hyperliquid INIT	+0.0100%	1h	0.08265	+0.116%	$301K	$230K	3x	as long as short
Aster INITUSDT	+0.0100%	4h	0.08272	+0.195%	$27K	$39K	5x	as long as short
Binance INITUSDT	+0.0100%	4h	0.08267	+0.136%	$3.4M	$3.7M	25x	as long as short
Bybit INITUSDT	+0.0100%	4h	0.08263	+0.092%	$1.4M	$1.5M	25x	as long as short
OKX INIT-USDT-SWAP	+0.0100%	4h	0.08275	+0.238%	$137K	$668K	10x	as long as short
Gate INIT_USDT	+0.0100%	8h	0.08254	−0.017%	$84K	$55K	25x	as long as short
MEXC INIT_USDT	+0.0100%	4h	0.08266	+0.129%	$448K	$210K	20x	as long as short
KuCoin INITUSDTM	+0.0100%	4h	0.08263	+0.092%	$328K	$54K	25x	as long as short
Bitget INITUSDT	+0.0100%	4h	0.08263	+0.092%	$429K	$312K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX INIT-USDT	+0.0100%	4h	0.08266	+0.129%	—	$6.6M	—	as long as short
Variational Omni INITlong	+0.0100%	4h	0.08255	long leg	$26K	$23K	—
Kraken Futures PF_INITUSD	+0.0241%	1h	0.08228	−0.327%	$3K	$19K	10x	as long as short