W

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0183%/8h= −20.1% APRnext payment −$0.92 per $10,000 · paid last 24h −0.030%

Price spread now: OKX against Variational Omni+0.157%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. OKX is 0.157% dearer against Variational Omni than usual: you sell high and buy low (spread +0.157% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni W	0.01175	0.0100	pay 0.0050% / 4h	1h 20m	$71K	$42K	—
Short	OKX W-USDT-SWAP	0.01177	−0.0083	pay 0.0042% / 4h	1h 20m	$1.3M	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 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 Variational OmnibpFee OKXbpOrdersPrice spread, now +0.157%Rate

Funding earned: −$38.49
Price spread: +0.157% → 0.000%: $15.72
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.77
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: no order-book sample; OKX: live order book, 1 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 no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	4.24 bp	33.0 bp −$33	doesn't fit	doesn't fit	doesn't fit

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	−0.0767%	1h	0.01178	+0.302%	$17K	$1K	10x	as long as short
OKX W-USDT-SWAPshort	−0.0083%	4h	0.01177	+0.157%	$1.3M	$2.0M	20x
Injective W/USDC PERP	+0.0033%	1h	0.01209	+2.915%	$1K	$1K	12x	as long as short
Hyperliquid W	+0.0100%	1h	0.01179	+0.362%	$2.0M	$427K	5x	as long as short
Binance WUSDT	+0.0100%	4h	0.01177	+0.202%	$3.0M	$7.0M	50x	as long as short
Bybit WUSDT	+0.0100%	4h	0.01176	+0.123%	$4.1M	$2.0M	50x	as long as short
Gate W_USDT	+0.0100%	4h	0.01176	+0.115%	$443K	$293K	75x	as long as short
MEXC W_USDT	+0.0100%	4h	0.01177	+0.208%	$12.8M	$1.4M	50x	as long as short
KuCoin WUSDTM	+0.0100%	4h	0.01178	+0.276%	$478K	$246K	50x	as long as short
Bitget WUSDT	+0.0100%	4h	0.01178	+0.276%	$1.3M	$578K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX W-USDT	+0.0100%	4h	0.01177	+0.200%	—	$6.9M	—	as long as short
Variational Omni Wlong	+0.0100%	4h	0.01175	long leg	$71K	$42K	—
GRVT W_USDT_Perp	+0.0100%	4h	0.01177	+0.193%	$129K	$385K	10x	as long as short
Extended W-USD	+0.0104%	1h	0.01177	+0.189%	$59K	$276K	5x	as long as short
Coinbase International W-PERP-INTX	+0.0240%	1h	0.01179	+0.362%	$14K	$17K	50x	as long as short
Backpack W_USDC_PERP	+0.0334%	1h	0.01179	+0.404%	$44K	$47K	15x	as long as short
Kraken Futures PF_WUSD	+0.0396%	1h	0.01181	+0.534%	$146K	$182K	20x	as long as short