Funding you earn now, next payment 06:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.026%
Price spread now: Variational Omni against Hotstuff−0.043%7-day average — · you buy dearer than you sell
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 airdropHotstuff: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.043% cheaper against Hotstuff than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff AAPL-PERP | 339.75 | 0.0080 | pay 0.0010% / 1h | 27m 06s | $36K | — | 20x |
| Short | Variational Omni AAPL | 339.61 | 0 | get 0.0000% / 8h | 2h 27m | $2.4M | $1.3M | — |
Hotstuff AAPL-PERP
Variational Omni AAPLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Hotstuff. 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
- −$16.8
- Price spread: −0.043% → 0.000%
- −$4.27
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.07
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Hotstuff: no order-book sample; Variational Omni: RFQ quote, 2 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 2 min ago | 2.03 bp | doesn't fit | 9.2 bp −$92 | doesn't fit | doesn't fit |
Hotstuff: 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.
AAPL 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AAPLUSDC | −0.0701% | 4h | 339.60 | −0.043% | $81K | $329K | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | −0.0280% | 1h | 339.63 | −0.035% | $28K | $68K | 10x | as long as short |
| Nado AAPL-PERP | −0.0106% | 1h | 339.86 | +0.032% | $556K | $38K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 339.75 | 0.000% | $121K | $292K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 339.75 | −0.001% | $285K | $1.8M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 339.85 | +0.030% | $22.0M | $67.5M | 25x | as long as short |
| Bybit AAPLUSDT | 0.0000% | 8h | 339.82 | +0.021% | $5.8M | $89.6M | 100x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 339.88 | +0.038% | $6.2M | $6.9M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.61 | −0.041% | $3.0M | $4.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 339.79 | +0.012% | $6.2M | $3.5M | 100x | as long as short |
edgeX AAPLUSDC
Deribit AAPL_USDC-PERPETUAL
Nado AAPL-PERP
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
Bybit AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AAPLshort | 0.0000% | 8h | 339.61 | −0.043% | $2.4M | $1.3M | — | |
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 339.63 | −0.035% | $16K | $411K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 339.88 | +0.038% | $449 | $4.6M | 20x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.01 | +0.077% | $53K | $225K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 339.76 | +0.003% | $2.1M | $7K | 10x | as long as short |
| BloFin AAPL-USDT | +0.0009% | 8h | 339.83 | +0.024% | $341K | $168K | 20x | as long as short |
| QFEX AAPL-USD | +0.0020% | 1h | 339.74 | −0.003% | $3.2M | $4.4M | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 339.69 | −0.018% | $840K | $2.5M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 339.76 | +0.003% | $939K | $3.6M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 339.48 | −0.079% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.67 | −0.024% | — | $45K | 25x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0048% | 1h | 339.56 | −0.056% | $663K | $661K | 10x | as long as short |
| tradeXYZ xyz:AAPL | +0.0050% | 1h | 339.74 | −0.003% | $40.6M | $76.4M | 20x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.66 | −0.026% | $278K | $409K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.70 | −0.015% | $75K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.55 | −0.059% | $1.3M | $2.5M | 20x | as long as short |
| Hotstuff AAPL-PERPlong | +0.0080% | 1h | 339.75 | long leg | $36K | — | 20x | |
| KuCoin AAPLUSDTM | +0.0100% | 8h | 339.41 | −0.100% | $1.4M | $38K | 20x | as long as short |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.54 | −0.062% | $948K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 339.74 | −0.003% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 339.76 | +0.002% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 339.65 | −0.029% | $5K | $11K | 20x | as long as short |
| Injective AAPL/USDC PERP | +0.0220% | 1h | 339.40 | −0.103% | $191K | $44K | 30x | as long as short |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
HTX AAPL-USDT
Phemex AAPLUSDT
BloFin AAPL-USDT
QFEX AAPL-USD
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Coinbase International AAPL-PERP-INTX
tradeXYZ xyz:AAPL
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
KuCoin AAPLUSDTM
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL
Injective AAPL/USDC PERP