Funding you earn now, next payment 00:00 UTC−0.0245%/8h= −26.8% APRnext payment −$1.23 per $10,000 · paid last 24h −0.101%
Price spread now: Variational Omni against Aster−0.230%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 airdropAster: Stage 5 · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.230% cheaper against Aster than usual: you would sell low and buy high (−$23 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 | Aster MUSDT | 1.4819 | 0.0345 | pay 0.0173% / 4h | 2h 32m | $15K | $115K | 5x |
| Short | Variational Omni M | 1.4785 | 0.0100 | get 0.0050% / 4h | 2h 32m | $91K | $42K | — |
Aster MUSDT
Variational Omni MFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Aster. 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
- −$51.47
- Price spread: −0.230% → 0.000%
- −$22.96
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$82.43
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Aster: live order book, 53 min ago; Variational Omni: no order-book sample. 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 Aster live order book, 53 min ago | 14.73 bp | 86.9 bp −$87 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUSDT | +0.0100% | 4h | 1.4795 | −0.162% | $4.7M | $2.3M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4789 | −0.202% | $2.0M | $888K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4816 | −0.020% | $1.9M | $342K | 10x | as long as short |
| Variational Omni Mshort | +0.0100% | 4h | 1.4785 | −0.230% | $91K | $42K | — | |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4826 | +0.047% | $2K | $139 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4811 | −0.054% | $2K | $538K | 20x | as long as short |
| Aster MUSDTlong | +0.0345% | 4h | 1.4819 | long leg | $15K | $115K | 5x | |
| BingX M-USDT | +0.0564% | 4h | 1.4808 | −0.074% | — | $2.4M | — | as long as short |
| BloFin M-USDT | +0.0587% | 4h | 1.4823 | +0.027% | $351K | $403K | 10x | as long as short |
| Binance MUSDT | +0.0592% | 4h | 1.4814 | −0.035% | $5.5M | $4.5M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Orderly PERP_M_USDC
SunX M-USDT
BingX M-USDT
BloFin M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC M_USDT | +0.0592% | 4h | 1.4822 | +0.020% | $248K | $111K | 50x | as long as short |
| KuCoin MUSDTM | +0.0710% | 4h | 1.4688 | −0.887% | $1.4M | $4.4M | 10x | as long as short |
MEXC M_USDT
KuCoin MUSDTM