Funding you earn now, next payment 12:00 UTC−0.0458%/8h= −50.1% APRnext payment −$2.29 per $10,000 · paid last 24h +0.178%
Price spread now: Binance against Variational Omni+0.091%7-day average — · 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)—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. Binance is 0.091% dearer against Variational Omni than usual: you sell high and buy low (spread +0.091% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 16 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni M | 1.3488 | 0.0985 | pay 0.0493% / 4h | 3h 57m | $90K | $49K | — |
| Short | Binance MUSDT | 1.3500 | 0.0528 | get 0.0264% / 4h | 3h 57m | $5.4M | $3.9M | 10x |
Variational Omni M
Binance MUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$96.11
- Price spread: +0.091% → 0.000%
- $9.13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.97
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.37 bp | 46.6 bp −$47 | 324.0 bp −$3,240 | 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.
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 | 1.3510 | +0.165% | $4.2M | $1.7M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.3487 | −0.005% | $1.8M | $884K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3508 | +0.151% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3529 | +0.306% | $2K | $881K | 20x | as long as short |
| Aster MUSDT | +0.0253% | 4h | 1.3499 | +0.085% | $12K | $83K | 5x | as long as short |
| Binance MUSDTshort | +0.0528% | 4h | 1.3500 | +0.091% | $5.4M | $3.9M | 10x | |
| MEXC M_USDT | +0.0538% | 4h | 1.3510 | +0.165% | $235K | $107K | 50x | as long as short |
| BloFin M-USDT | +0.0572% | 4h | 1.3448 | −0.294% | $342K | $441K | 10x | as long as short |
| Variational Omni Mlong | +0.0985% | 4h | 1.3488 | long leg | $90K | $49K | — | |
| BingX M-USDT | +0.1212% | 4h | 1.3503 | +0.114% | — | $2.4M | — | as long as short |
Bybit MUSDT
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Aster MUSDT
MEXC M_USDT
BloFin M-USDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1238% | 4h | 1.3477 | −0.079% | $1.7M | $248K | 10x | as long as short |
| KuCoin MUSDTM | +0.2162% | 4h | 1.3387 | −0.744% | $1.3M | $3.6M | 10x | as long as short |
Bitget MUSDT
KuCoin MUSDTM