S

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0385%/8h= +42.2% APRpaid last 24h +0.298%

Price spread now: Variational Omni against Coinbase International+2.640%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Variational Omni

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

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 2.640% dearer against Coinbase International than usual: you sell high and buy low: +$264 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International S-PERP-INTX	0.03826	−0.1336	get 0.0167% / 1h	47m 48s	$47K	$5K	25x
Short	Variational Omni S	0.03927	−0.0951	pay 0.0476% / 4h	47m 48s	$611K	$31K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. 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 Coinbase InternationalbpFee Variational OmnibpOrdersPrice spread, now +2.640%Rate

Funding earned: $80.84
Price spread: +2.640% → 0.000%: $264.01
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $334.85
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Coinbase International: no order-book sample; Variational Omni: RFQ quote, 31 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 Coinbase International no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 31 min ago	6.41 bp	doesn't fit	44.9 bp −$449	doesn't fit	doesn't fit

Coinbase International: 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.

S on 25 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
01 Exchange SUSD	−0.6912%	1h	0.03840	+0.366%	$23K	$2K	5x	as long as short
Kraken Futures PF_SUSD	−0.2122%	1h	0.03930	+2.718%	$33K	$25K	10x	as long as short
Coinbase International S-PERP-INTXlong	−0.1336%	1h	0.03826	long leg	$47K	$5K	25x
Variational Omni Sshort	−0.0951%	4h	0.03927	+2.640%	$611K	$31K	—
GMX S/USD [WBTC.b-USDC]	L −0.0200% / S +0.0193%	1h	0.03942	+3.021%	$1K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.03937	+2.914%	$4	—	15x	as long as short
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.03942	+3.033%	$608	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	+7.162%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0035%	4h	0.03939	+2.953%	$100K	$342K	10x	as long as short
Lighter S	+0.0096%	1h	0.03934	+2.823%	$165K	$217K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid S	+0.0100%	1h	0.03932	+2.773%	$985K	$701K	5x	as long as short
Aster SUSDT	+0.0100%	4h	0.03936	+2.875%	$43K	$145K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.03931	+2.754%	$5.4M	$17.5M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.03928	+2.666%	$5.6M	$5.3M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.03929	+2.692%	$982K	$5.1M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.03930	+2.718%	$321K	$259K	50x	as long as short
MEXC S_USDT	+0.0100%	4h	0.03935	+2.849%	$3.6M	$1.9M	200x	as long as short
KuCoin SUSDTM	+0.0100%	4h	0.03936	+2.875%	$1.8M	$2.9M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.03935	+2.849%	$1.2M	$2.5M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.03932	+2.771%	—	$6.7M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.03940	+2.980%	$25K	$454K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.03930	+2.719%	$222K	$877K	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0257%	1h	0.03944	+3.084%	$66K	$10K	10x	as long as short
Backpack S_USDC_PERP	+0.0323%	1h	0.03930	+2.718%	$114K	$309K	5x	as long as short
BloFin S-USDT	+0.0340%	4h	0.03936	+2.875%	$266K	$126K	75x	as long as short