Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h +0.033%
Price spread now: HTX against Variational Omni−0.072%7-day average +0.076% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.052%+$5 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.072%, 7d avg +0.076%
=Together, before fees+0.303%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.148% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of +0.076%). If the spread goes back, that is −$15 on $10k: about 9.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni OP | 0.1264 | 0.0045 | pay 0.0045% / 8h | 3h 24m | $223K | $48K | — |
| Short | HTX OP-USDT | 0.1263 | 0.0100 | get 0.0100% / 8h | 3h 24m | $171K | $232K | 50x |
Variational Omni OP
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $11.45
- Price spread: −0.072% → +0.076%
- −$14.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$15.38
- Costs to cover
- 0.120%
- Break-even
- 16.4 days
Slippage unknown: Variational Omni: RFQ quote, 30 min ago; HTX: live order book, 27 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 RFQ quote, 30 min ago | 7.86 bp | doesn't fit | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell HTX live order book, 27 min ago | 7.42 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1568% | 1h | 0.1258 | −0.460% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1261 | −0.194% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1263 | −0.085% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1262 | −0.144% | $42K | $138K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1262 | −0.171% | — | — | 150x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0032% | 1h | 0.1270 | +0.489% | $25K | $58K | 50x | as long as short |
| Variational Omni OPlong | +0.0045% | 8h | 0.1264 | long leg | $223K | $48K | — | |
| Orderly PERP_OP_USDC | +0.0054% | 8h | 0.1261 | −0.223% | $6K | $46K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0057% | 1h | 0.1261 | −0.189% | $774K | $553K | 20x | as long as short |
| OKX OP-USDT-SWAP | +0.0090% | 8h | 0.1261 | −0.215% | $6.2M | $28.5M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Coinbase International OP-PERP-INTX
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter OP | +0.0096% | 1h | 0.1262 | −0.183% | $274K | $946K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1264 | +0.046% | $3.7M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1261 | −0.186% | $211K | $216K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1261 | −0.231% | $20.4M | $61.0M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1260 | −0.286% | $18.5M | $24.9M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1263 | −0.065% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1260 | −0.302% | $21.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1261 | −0.223% | $2.8M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1263 | −0.065% | $5.8M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1261 | −0.223% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1262 | −0.175% | $117K | $207K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1265 | +0.089% | $4K | $385K | 10x | as long as short |
| GRVT OP_USDT_Perp | +0.0100% | 8h | 0.1269 | +0.410% | $317K | $5.0M | 10x | as long as short |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1266 | +0.173% | $43K | $709K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1260 | −0.270% | $193 | $6K | 5x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1263 | −0.072% | $171K | $232K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1260 | −0.280% | $102K | $393K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1261 | −0.239% | $3K | $1K | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1264 | +0.038% | $1.0M | $280K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1261 | −0.199% | $701 | — | 20x | as long as short |
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
GRVT OP_USDT_Perp
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Reya OPRUSDPERP