S

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0167%/8h= −18.3% APRnext payment −$0.84 per $10,000 · paid last 24h −0.275%

Price spread now: Variational Omni against MEXC−0.362%7-day average −0.158% · you buy dearer than you sell

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

Long on MEXC Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.666%−$67 on $10k

Price spread, last 4 days (all we have)+1.209%+$121 · spread now −0.362%, 7d avg −0.158%

Together, before fees+0.543%+ Points / potential airdropVariational Omni: Active · farm board+$54 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Variational Omni is 0.204% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.158%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC S_USDT	0.04340	0.0100	pay 0.0050% / 4h	3h 37m	$4.6M	$2.3M	200x
Short	Variational Omni S	0.04324	−0.0067	pay 0.0034% / 4h	3h 37m	$669K	$7K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against MEXC. 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 MEXCbpFee Variational OmnibpOrdersPrice spread, now −0.362%Rate

Funding earned: −$35.11
Price spread: −0.362% → −0.158%: −$20.44
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$59.55
Costs to cover: 0.040%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; Variational Omni: RFQ quote, 61 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 MEXC live order book, 5 min ago	1.16 bp	10.3 bp −$10	70.9 bp −$709	268.6 bp −$26.9K	doesn't fit
Sell Variational Omni RFQ quote, 61 min ago	7.32 bp	doesn't fit	80.5 bp −$805	doesn't fit	doesn't fit

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
Kraken Futures PF_SUSD	−0.2633%	1h	0.04310	−0.685%	$35K	$23K	10x	as long as short
Coinbase International S-PERP-INTX	−0.1248%	1h	0.04308	−0.737%	$53K	$18K	25x	as long as short
GMX S/USD [WBTC.b-USDC]	L −0.0206% / S +0.0198%	1h	0.04324	−0.369%	$2K	—	100x	as long as short
Reya SRUSDPERP	−0.0101%	1h	0.04319	−0.476%	$4	—	15x	as long as short
Variational Omni Sshort	−0.0067%	4h	0.04324	−0.362%	$669K	$7K	—
gTrade (Gains Network) S/USD	L +0.0001% / S +0.0006%	1h	0.04324	−0.367%	$666	—	150x	as long as short
Injective S/USDC PERP	+0.0033%	1h	0.04100	−5.530%	$2K	$37K	12x	as long as short
Orderly PERP_S_USDC	+0.0076%	4h	0.04322	−0.415%	$107K	$629K	10x	as long as short
Lighter S	+0.0096%	1h	0.04341	+0.023%	$186K	$100K	5x	as long as short
Hyperliquid S	+0.0100%	1h	0.04339	−0.021%	$1.1M	$711K	5x	as long as short

Show all 25 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SUSDT	+0.0100%	4h	0.04335	−0.105%	$47K	$175K	10x	as long as short
Binance SUSDT	+0.0100%	4h	0.04339	−0.023%	$6.3M	$16.9M	75x	as long as short
Bybit SUSDT	+0.0100%	4h	0.04337	−0.069%	$6.2M	$4.8M	50x	as long as short
OKX S-USDT-SWAP	+0.0100%	4h	0.04339	−0.023%	$1.2M	$5.0M	20x	as long as short
Gate S_USDT	+0.0100%	4h	0.04334	−0.138%	$363K	$219K	50x	as long as short
MEXC S_USDTlong	+0.0100%	4h	0.04340	long leg	$4.6M	$2.3M	200x
KuCoin SUSDTM	+0.0100%	4h	0.04338	−0.046%	$2.0M	$2.8M	50x	as long as short
Bitget SUSDT	+0.0100%	4h	0.04341	+0.023%	$1.3M	$2.7M	50x	as long as short
BingX S-USDT	+0.0100%	4h	0.04339	−0.023%	—	$6.9M	—	as long as short
ApeX Omni SUSDT	+0.0100%	1h	0.04330	−0.230%	$25K	$510K	50x	as long as short
Extended S-USD	+0.0104%	1h	0.04338	−0.056%	$240K	$1.3M	10x	as long as short
Deribit S_USDC-PERPETUAL	+0.0213%	1h	0.04326	−0.323%	$73K	$11K	10x	as long as short
BloFin S-USDT	+0.0340%	4h	0.04334	−0.138%	$312K	$123K	75x	as long as short
Backpack S_USDC_PERP	+0.0354%	1h	0.04330	−0.230%	$102K	$472K	5x	as long as short
01 Exchange SUSD	+0.0920%	1h	0.04170	−3.917%	$25K	$3K	5x	as long as short