Funding you earn now, next payment 00:00 UTC+0.1007%/8h= +110.3% APRnext payment +$5.04 per $10,000 · paid last 24h +0.028%
Price spread now: Variational Omni against MEXC+1.697%7-day average +0.103% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.080%+$8 on $10k
+Price spread, last 7 days−1.773%−$177 · spread now +1.697%, 7d avg +0.103%
=Together, before fees−1.693%+ Points / potential airdropVariational Omni: Active · farm board−$169 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and Variational Omni is 1.594% dearer against MEXC than usual: you sell high and buy low: +$159 more if the spread goes back to its 7-day average of +0.103%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.080% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USELESS_USDT | 0.2729 | 0.0508 | pay 0.0254% / 4h | 1h 26m | $9.8M | $5.9M | 50x |
| Short | Variational Omni USELESS | 0.2775 | 0.1515 | get 0.0758% / 4h | 1h 26m | $1.1M | $1.8M | — |
MEXC USELESS_USDT
Variational Omni USELESSFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $211.56
- Price spread: +1.697% → +0.103%
- $159.4
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $362.97
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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, 2 min ago | 1.09 bp | 8.4 bp −$8 | 38.9 bp −$389 | 155.9 bp −$15.6K | 589.4 bp −$294.7K |
| Sell Variational Omni RFQ quote, 3 min ago | 5.44 bp | doesn't fit | 74.3 bp −$743 | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2738 | +0.341% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2740 | +0.404% | $30K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2729 | −0.007% | $9.6M | $62.8M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2729 | +0.022% | $26K | $145K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2747 | +0.652% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2755 | +0.949% | $35K | $441K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2738 | +0.326% | $564K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2745 | +0.579% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0229% | 1h | 0.2757 | +1.033% | $39K | $699K | 25x | as long as short |
| KuCoin USELESSUSDTM | +0.0330% | 4h | 0.2726 | −0.114% | $5.1M | $9.8M | 12x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDT
KuCoin USELESSUSDTMShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0374% | 4h | 0.2724 | −0.180% | $6.8M | $8.0M | 50x | as long as short |
| edgeX USELESSUSDC | +0.0505% | 4h | 0.2762 | +1.222% | $21K | $190K | 10x | as long as short |
| MEXC USELESS_USDTlong | +0.0508% | 4h | 0.2729 | long leg | $9.8M | $5.9M | 50x | |
| Binance USELESSUSDT | +0.0509% | 4h | 0.2729 | +0.018% | $23.0M | $113.3M | 50x | as long as short |
| Extended USELESS-USD | +0.0512% | 1h | 0.2727 | −0.072% | $287K | $965K | 5x | as long as short |
| Bitget USELESSUSDT | +0.0534% | 4h | 0.2728 | −0.044% | $5.3M | $9.1M | 20x | as long as short |
| Hyperliquid USELESS | +0.0968% | 1h | 0.2732 | +0.110% | $13.3M | $20.5M | 3x | as long as short |
| Aster USELESSUSDT | +0.1148% | 4h | 0.2727 | −0.068% | $631K | $2.2M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1253% | 4h | 0.2731 | +0.077% | $21K | $1.4M | 10x | as long as short |
| BingX USELESS-USDT | +0.1354% | 4h | 0.2730 | +0.055% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1385% | 4h | 0.2731 | +0.073% | $27.3M | $44.5M | 13x | as long as short |
| Variational Omni USELESSshort | +0.1515% | 4h | 0.2775 | +1.697% | $1.1M | $1.8M | — | |
| BloFin USELESS-USDT | +0.1818% | 4h | 0.2742 | +0.473% | $1.2M | $1.9M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2934 | +7.520% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
edgeX USELESSUSDC
Binance USELESSUSDT
Extended USELESS-USD
Bitget USELESSUSDT
Hyperliquid USELESS
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
BingX USELESS-USDT
Bybit USELESSUSDT
BloFin USELESS-USDT
Injective USELESS/USDC PERP