Spread before costs (cost unknown: a leg has no order-book sample)−3.604%
7d average—if it closes, per $10,000$360funding while held, a day−$307.46
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.03921 | −0.1023 | get 0.0512% / 4h | 8m 44s | $609K | $121K | — |
| Short | 01 Exchange SUSD | 0.03780 | −1.1272 | pay 0.1409% / 1h | 8m 44s | $23K | $3K | 5x |
Variational Omni SPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$360.4
- Funding while held
- −$307.46
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$674.85
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; 01 Exchange: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −1.0249%
- Per $10,000 a day
- −$307.46
- Average in range /8h
- —
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, 42 min ago | 5.01 bp | doesn't fit | 117.7 bp −$1,177 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International0.03811+0.820%Kraken Futures0.03902+3.219%Gate0.03904+3.280%Orderly0.03905+3.307%Reya0.03906+3.329%Extended0.03906+3.333%BloFin0.03906+3.333%Bitget0.03908+3.386%gTrade (Gains Network)0.03909+3.408%BingX0.03909+3.413%GMX0.03909+3.421%Bybit0.03910+3.439%KuCoin0.03910+3.439%Aster0.03910+3.443%Deribit0.03912+3.492%Hyperliquid0.03912+3.497%Lighter0.03913+3.519%OKX0.03914+3.545%Binance0.03915+3.571%MEXC0.03916+3.598%Backpack0.03920+3.704%
Coinbase International
Kraken Futures
Gate
Orderly
Reya
Extended
BloFin
Bitget
gTrade (Gains Network)
BingX
GMX
Bybit
KuCoin
Aster
Deribit
Hyperliquid
Lighter
OKX
Binance
MEXC
BackpackVariational Omni0.03921+3.739%
ApeX Omni0.03930+3.968%Injective0.04100+8.466%
ApeX Omni
InjectiveS on 25 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange SUSDshort | −3.604% | −1.1272% | 1h | $23K | $3K | 5x | |
| Coinbase International S-PERP-INTX | −2.813% | −0.2432% | 1h | $47K | $11K | 25x | as long as short |
| Kraken Futures PF_SUSD | −0.501% | −0.2450% | 1h | $33K | $48K | 10x | as long as short |
| Gate S_USDT | −0.442% | +0.0100% | 4h | $326K | $410K | 50x | as long as short |
| Orderly PERP_S_USDC | −0.416% | −0.0198% | 4h | $103K | $331K | 10x | as long as short |
| Reya SRUSDPERP | −0.395% | −0.0101% | 1h | $4 | — | 15x | as long as short |
| Extended S-USD | −0.391% | +0.0104% | 1h | $220K | $944K | 10x | as long as short |
| BloFin S-USDT | −0.391% | +0.0340% | 4h | $286K | $265K | 75x | as long as short |
| Bitget SUSDT | −0.340% | +0.0100% | 4h | $1.2M | $4.7M | 50x | as long as short |
| gTrade (Gains Network) S/USD | −0.318% | L +0.0001% / S +0.0006% | 1h | $602 | — | 150x | as long as short |
Show all 25 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX S-USDT | −0.314% | +0.0100% | 4h | — | $7.0M | — | as long as short |
| GMX S/USD [WBTC.b-USDC] | −0.307% | L −0.0378% / S +0.0350% | 1h | $1K | — | 100x | as long as short |
| Bybit SUSDT | −0.289% | +0.0100% | 4h | $5.6M | $9.5M | 50x | as long as short |
| KuCoin SUSDTM | −0.289% | +0.0100% | 4h | $1.8M | $3.9M | 50x | as long as short |
| Aster SUSDT | −0.285% | −0.0126% | 4h | $45K | $263K | 10x | as long as short |
| Deribit S_USDC-PERPETUAL | −0.238% | +0.0262% | 1h | $66K | $11K | 10x | as long as short |
| Hyperliquid S | −0.233% | +0.0100% | 1h | $1.0M | $1.5M | 5x | as long as short |
| Lighter S | −0.212% | +0.0096% | 1h | $164K | $341K | 5x | as long as short |
| OKX S-USDT-SWAP | −0.187% | +0.0094% | 4h | $1.0M | $12.5M | 20x | as long as short |
| Binance SUSDT | −0.161% | +0.0100% | 4h | $5.3M | $40.5M | 75x | as long as short |
| MEXC S_USDT | −0.136% | +0.0100% | 4h | $3.6M | $3.5M | 200x | as long as short |
| Backpack S_USDC_PERP | −0.034% | +0.0100% | 1h | $114K | $219K | 5x | as long as short |
| Variational Omni Slong | 0.000% | −0.1023% | 4h | $609K | $121K | — | |
| ApeX Omni SUSDT | +0.221% | +0.0100% | 1h | $24K | $502K | 50x | as long as short |
| Injective S/USDC PERP | +4.557% | +0.0033% | 1h | $2K | $161K | 12x | as long as short |