Funding you earn now, next payment 02:00 UTC−0.0292%/8h= −32.0% APRpaid last 24h −0.155%
Price spread now: Polymarket Perps against Variational Omni+0.015%7-day average −0.070% · 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)−0.384%−$38 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now +0.015%, 7d avg −0.070%
=Together, before fees−0.407%+ Points / potential airdropVariational Omni: Active · farm board−$41 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.085% dearer against Variational Omni than usual: you sell high and buy low (spread +0.015% now, against its 7-day average of −0.070%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni USELESS | 0.2823 | 0.0829 | pay 0.0414% / 4h | 2h 25m | $1.2M | $1.7M | — |
| Short | Polymarket Perps USELESS-USD | 0.2823 | 0.0536 | get 0.0067% / 1h | 25m 49s | $31K | $198K | 3x |
Variational Omni USELESS
Polymarket Perps USELESS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$61.37
- Price spread: +0.015% → −0.070%
- $8.5
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$60.87
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Polymarket Perps: live order book, 41 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, 3 min ago | 5.33 bp | doesn't fit | 44.4 bp −$444 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 41 min ago | 6.55 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 23 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 | 0.2815 | −0.272% | $1.3M | $1.2M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2823 | +0.002% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2814 | −0.315% | $9.9M | $66.4M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2823 | +0.004% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2819 | −0.127% | $18K | $518K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2814 | −0.322% | $605K | $1.2M | 20x | as long as short |
| Gate USELESS_USDT | +0.0110% | 4h | 0.2807 | −0.563% | $7.1M | $8.4M | 50x | as long as short |
| KuCoin USELESSUSDTM | +0.0122% | 4h | 0.2818 | −0.191% | $5.2M | $10.3M | 12x | as long as short |
| Aevo USELESS-PERP | +0.0224% | 1h | 0.2814 | −0.325% | $10K | — | 3x | as long as short |
| Polymarket Perps USELESS-USDshort | +0.0536% | 1h | 0.2823 | +0.015% | $31K | $198K | 3x |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Gate USELESS_USDT
KuCoin USELESSUSDTM
Aevo USELESS-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX USELESSUSDC | +0.0542% | 4h | 0.2814 | −0.312% | $21K | $193K | 10x | as long as short |
| BingX USELESS-USDT | +0.0542% | 4h | 0.2815 | −0.269% | — | $5.1M | — | as long as short |
| MEXC USELESS_USDT | +0.0556% | 4h | 0.2820 | −0.120% | $11.0M | $6.0M | 50x | as long as short |
| Binance USELESSUSDT | +0.0556% | 4h | 0.2816 | −0.247% | $23.8M | $117.5M | 50x | as long as short |
| Extended USELESS-USD | +0.0560% | 1h | 0.2820 | −0.090% | $302K | $1.2M | 5x | as long as short |
| Bitget USELESSUSDT | +0.0582% | 4h | 0.2812 | −0.378% | $5.4M | $9.9M | 20x | as long as short |
| Bybit USELESSUSDT | +0.0595% | 4h | 0.2817 | −0.219% | $27.4M | $46.4M | 13x | as long as short |
| ApeX Omni USELESSUSDT | +0.0703% | 1h | 0.2807 | −0.566% | $39K | $699K | 25x | as long as short |
| Variational Omni USELESSlong | +0.0829% | 4h | 0.2823 | long leg | $1.2M | $1.7M | — | |
| Aster USELESSUSDT | +0.1079% | 4h | 0.2821 | −0.064% | $648K | $2.3M | 10x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1274% | 4h | 0.2820 | −0.099% | $22K | $1.3M | 10x | as long as short |
| Hyperliquid USELESS | +0.1334% | 1h | 0.2818 | −0.180% | $14.1M | $20.9M | 3x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2984 | +5.697% | $5K | $9K | 5.5x | as long as short |
edgeX USELESSUSDC
BingX USELESS-USDT
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Bitget USELESSUSDT
Bybit USELESSUSDT
ApeX Omni USELESSUSDT
Aster USELESSUSDT
Orderly PERP_USELESS_USDC
Hyperliquid USELESS
Injective USELESS/USDC PERP