Funding you earn now, next payment 04:00 UTC−0.1130%/8h= −123.7% APRnext payment −$5.65 per $10,000 · paid last 24h −0.163%
Price spread now: Variational Omni against BingX−0.156%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 −$34 a day on $10k at the current rate, and Variational Omni is 0.156% cheaper against BingX than usual: you would sell low and buy high (−$16 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 | BingX M-USDT | 1.4268 | 0.1230 | pay 0.0615% / 4h | 1h 37m | — | $2.4M | — |
| Short | Variational Omni M | 1.4246 | 0.0100 | get 0.0050% / 4h | 1h 37m | $89K | $43K | — |
BingX M-USDT
Variational Omni MFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. 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
- −$237.3
- Price spread: −0.156% → 0.000%
- −$15.61
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$262.91
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 11 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 BingX live order book, 11 min ago | 9.47 bp | 27.0 bp −$27 | 87.4 bp −$874 | 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 | 1.4251 | −0.119% | $4.5M | $1.8M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4247 | −0.147% | $1.9M | $896K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4266 | −0.014% | $1.8M | $248K | 10x | as long as short |
| Variational Omni Mshort | +0.0100% | 4h | 1.4246 | −0.156% | $89K | $43K | — | |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4272 | +0.028% | $2K | $496 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.4283 | +0.105% | $2K | $730K | 20x | as long as short |
| Aster MUSDT | +0.0962% | 4h | 1.4240 | −0.198% | $16K | $93K | 5x | as long as short |
| BingX M-USDTlong | +0.1230% | 4h | 1.4268 | long leg | — | $2.4M | — | |
| BloFin M-USDT | +0.1271% | 4h | 1.4238 | −0.210% | $353K | $433K | 10x | as long as short |
| MEXC M_USDT | +0.1278% | 4h | 1.4260 | −0.056% | $240K | $105K | 50x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
BloFin M-USDT
MEXC M_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MUSDT | +0.1278% | 4h | 1.4255 | −0.091% | $5.5M | $3.7M | 10x | as long as short |
| KuCoin MUSDTM | +0.2814% | 4h | 1.4150 | −0.828% | $1.4M | $4.0M | 10x | as long as short |
Binance MUSDT
KuCoin MUSDTM