VIRTUAL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h −0.018%

Price spread now: Variational Omni against Binance−0.085%7-day average −0.015% · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.049%−$5 on $10k

Price spread, last 4 days (all we have)+0.705%+$70 · spread now −0.085%, 7d avg −0.015%

Together, before fees+0.656%+ Points / potential airdropVariational Omni: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.070% cheaper against Binance than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VIRTUALUSDT	0.7148	0.0100	pay 0.0050% / 4h	0m 45s	$16.1M	$41.8M	75x
Short	Variational Omni VIRTUAL	0.7142	−0.0044	pay 0.0022% / 4h	0m 45s	$535K	$837K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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 BinancebpFee Variational OmnibpOrdersPrice spread, now −0.085%Rate

Funding earned: −$30.24
Price spread: −0.085% → −0.015%: −$7
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$47.24
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Variational Omni: RFQ quote, 38 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 Binance live order book, 11 min ago	0.70 bp	10.2 bp −$10	22.5 bp −$225	119.0 bp −$11.9K	doesn't fit
Sell Variational Omni RFQ quote, 38 min ago	4.21 bp	doesn't fit	18.2 bp −$182	doesn't fit	doesn't fit

VIRTUAL on 33 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_VIRTUALUSD	−0.0336%	1h	0.7152	+0.063%	$516K	$742K	50x	as long as short
Reya VIRTUALRUSDPERP	−0.0139%	1h	0.7153	+0.073%	$24	—	10x	as long as short
Phoenix VIRTUAL	−0.0067%	1h	0.7153	+0.070%	$11K	$36K	5x	as long as short
Variational Omni VIRTUALshort	−0.0044%	4h	0.7142	−0.085%	$535K	$837K	—
Deribit VIRTUAL_USDC-PERPETUAL	0.0000%	1h	0.7150	+0.034%	$15K	$40K	10x	as long as short
gTrade (Gains Network) VIRTUAL/USD	L +0.0007% / S −0.0006%	1h	0.7152	+0.058%	$22K	—	150x	as long as short
Injective VIRTUAL/USDC PERP	+0.0033%	1h	0.7117	−0.428%	$46	$88K	5.5x	as long as short
Lighter VIRTUAL	+0.0040%	1h	0.7145	−0.039%	$322K	$403K	5x	as long as short
Orderly PERP_VIRTUAL_USDC	+0.0073%	4h	0.7148	+0.006%	$16K	$1.8M	10x	as long as short
Aster VIRTUALUSDT	+0.0100%	4h	0.7151	+0.048%	$92K	$302K	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VIRTUAL	+0.0100%	1h	0.7150	+0.034%	$70K	$43K	5x	as long as short
Binance VIRTUALUSDTlong	+0.0100%	4h	0.7148	long leg	$16.1M	$41.8M	75x
Bybit VIRTUALUSDT	+0.0100%	4h	0.7145	−0.036%	$16.3M	$18.8M	50x	as long as short
OKX VIRTUAL-USDT-SWAP	+0.0100%	4h	0.7149	+0.020%	$2.9M	$10.1M	20x	as long as short
Gate VIRTUAL_USDT	+0.0100%	4h	0.7154	+0.090%	$1.5M	$3.4M	75x	as long as short
MEXC VIRTUAL_USDT	+0.0100%	4h	0.7149	+0.020%	$15.6M	$5.3M	100x	as long as short
KuCoin VIRTUALUSDTM	+0.0100%	4h	0.7155	+0.104%	$3.3M	$4.5M	50x	as long as short
Bitget VIRTUALUSDT	+0.0100%	4h	0.7151	+0.048%	$6.0M	$5.8M	25x	as long as short
BingX VIRTUAL-USDT	+0.0100%	4h	0.7150	+0.034%	—	$7.9M	—	as long as short
Backpack VIRTUAL_USDC_PERP	+0.0100%	1h	0.7157	+0.132%	$237K	$175K	10x	as long as short
edgeX VIRTUALUSDC	+0.0100%	4h	0.7145	−0.035%	$19K	$258K	10x	as long as short
GRVT VIRTUAL_USDT_Perp	+0.0100%	4h	0.7153	+0.080%	$641K	$1.2M	10x	as long as short
ApeX Omni VIRTUALUSDT	+0.0100%	1h	0.7147	−0.008%	$40K	$235K	50x	as long as short
Polymarket Perps VIRTUAL-USD	+0.0100%	1h	0.7150	+0.039%	$47K	$1.1M	5x	as long as short
SunX VIRTUAL-USDT	+0.0100%	4h	0.7152	+0.062%	$2K	$1.3M	20x	as long as short
SoDEX VIRTUAL-USD	+0.0100%	1h	0.7147	−0.015%	$1K	$9K	5x	as long as short
Extended VIRTUAL-USD	+0.0104%	1h	0.7149	+0.013%	$55K	$308K	10x	as long as short
Aevo VIRTUAL-PERP	+0.0104%	1h	0.7148	+0.010%	$18K	—	3x	as long as short
GMX VIRTUAL/USD [WBTC.b-USDC]	L +0.0313% / S −0.0258%	1h	0.7152	+0.063%	$32K	—	100x	as long as short
BloFin VIRTUAL-USDT	+0.0340%	4h	0.7144	−0.050%	$780K	$1.0M	75x	as long as short
Hyperliquid VIRTUAL	+0.0344%	1h	0.7158	+0.153%	$8.8M	$3.8M	5x	as long as short
Coinbase International VIRTUAL-PERP-INTX	+0.0480%	1h	0.7173	+0.356%	$200K	$100K	50x	as long as short
01 Exchange VIRTUALUSD	+0.1384%	1h	0.7287	+1.950%	$2K	$106	10x	as long as short