Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Extended+0.416%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Variational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.416% dearer against Extended than usual: you sell high and buy low, +$42 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01168 | 0.0104 | pay 0.0013% / 1h | 2m 00s | $60K | $151K | 5x |
| Short | Variational Omni W | 0.01173 | 0.0100 | get 0.0050% / 4h | 3h 02m | $71K | $39K | — |
Extended W-USD
Variational Omni WFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$0.84
- Price spread: +0.416% → 0.000%
- $41.57
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $35.73
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 50 min ago; Variational Omni: no order-book sample. 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 Extended live order book, 50 min ago | 2.94 bp | 70.6 bp −$71 | 351.8 bp −$3,518 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0177% | 1h | 0.01170 | +0.146% | $14K | $3K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.494% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01170 | +0.155% | $2.0M | $305K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01168 | +0.027% | $2.9M | $5.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01167 | −0.085% | $4.1M | $1.6M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01168 | −0.008% | $1.3M | $1.6M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01168 | −0.016% | $428K | $260K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01168 | +0.027% | $12.4M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01168 | −0.016% | $382K | $198K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01170 | +0.155% | $1.3M | $548K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01168 | +0.001% | — | $6.7M | — | as long as short |
| Variational Omni Wshort | +0.0100% | 4h | 0.01173 | +0.416% | $71K | $39K | — | |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01174 | +0.497% | $126K | $386K | 10x | as long as short |
| Extended W-USDlong | +0.0104% | 1h | 0.01168 | long leg | $60K | $151K | 5x | |
| Coinbase International W-PERP-INTX | +0.0440% | 1h | 0.01170 | +0.172% | $14K | $14K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1119% | 1h | 0.01171 | +0.266% | $43K | $42K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1786% | 1h | 0.01172 | +0.334% | $145K | $185K | 20x | as long as short |
BingX W-USDT
GRVT W_USDT_Perp
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD