Funding you earn now, next payment 06:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h +0.085%
Price spread now: Variational Omni against Ondo Perps+0.007%7-day average +0.102% · 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)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.007%, 7d avg +0.102%
=Together, before fees+0.048%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.096% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.102%). If the spread goes back, that is −$10 on $10k: about 33 hours of funding at the current rate (+$7 a day). At the pace of the last 4 days (+0.063% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps AMD-USD.P | 611.91 | 0.0050 | pay 0.0006% / 1h | 29m 16s | $1.3M | $5.1M | 10x |
| Short | Variational Omni AMD | 611.95 | 0.0284 | get 0.0284% / 8h | 2h 29m | $2.5M | $3.3M | — |
Ondo Perps AMD-USD.P
Variational Omni AMDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. 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
- $49.07
- Price spread: +0.007% → +0.102%
- −$9.59
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $34.48
- Costs to cover
- 0.050%
- Break-even
- 2.1 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 5 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 5 min ago | 3.00 bp | doesn't fit | 12.8 bp −$128 | doesn't fit | doesn't fit |
Ondo Perps: 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.
AMD on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AMDUSDT | −0.0172% | 8h | 612.56 | +0.106% | $10.3M | $17.3M | 20x | as long as short |
| edgeX AMDUSDC | −0.0133% | 4h | 612.25 | +0.055% | $72K | $1.7M | 10x | as long as short |
| Gate AMD_USDT | 0.0000% | 8h | 612.35 | +0.072% | $4.4M | $14.1M | 50x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 612.62 | +0.116% | $2K | $8.2M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 611.95 | +0.007% | $76K | $151K | 10x | as long as short |
| HTX AMD-USDT | 0.0000% | 8h | 612.10 | +0.031% | $112K | $627K | 20x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 612.27 | +0.059% | $1.7M | $462K | 10x | as long as short |
| Lighter AMD | +0.0032% | 1h | 612.10 | +0.031% | $529K | $2.6M | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 611.89 | −0.003% | $807K | $4.7M | 10x | as long as short |
| QFEX AMD-USD | +0.0032% | 1h | 611.89 | −0.003% | $2.0M | $11.5M | 10x | as long as short |
Bitget AMDUSDT
edgeX AMDUSDC
Gate AMD_USDT
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
HTX AMD-USDT
Phemex AMDUSDT
Lighter AMD
Lighter RH AMD
QFEX AMD-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus AMD-USD | +0.0040% | 1h | 612.19 | +0.046% | $137K | $271K | 10x | as long as short |
| Aster AMDUSDT | +0.0040% | 8h | 612.48 | +0.094% | $69K | $415K | 50x | as long as short |
| Vest AMD-USD-PERP | +0.0046% | 1h | 613.03 | +0.183% | — | $925K | 25x | as long as short |
| tradeXYZ xyz:AMD | +0.0050% | 1h | 612.22 | +0.051% | $23.0M | $95.0M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 611.84 | −0.011% | $400K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 612.13 | +0.036% | $25K | $24K | 10x | as long as short |
| Ondo Perps AMD-USD.Plong | +0.0050% | 1h | 611.91 | long leg | $1.3M | $5.1M | 10x | |
| Nado AMD-PERP | +0.0069% | 1h | 611.60 | −0.050% | $254K | $240K | 10x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0072% | 1h | 611.04 | −0.142% | $317K | $1.9M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 612.15 | +0.039% | $1.9M | $295K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 611.28 | −0.103% | $78K | $256K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 612.33 | +0.069% | $366 | $6K | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0121% | 8h | 612.11 | +0.033% | $6.5M | $28.8M | 25x | as long as short |
| GRVT AMD_USDT_Perp | +0.0134% | 8h | 611.97 | +0.009% | $19K | $167K | 10x | as long as short |
| Aevo AMD-PERP | +0.0176% | 1h | 612.69 | +0.128% | $11K | — | 10x | as long as short |
| Phoenix AMD | +0.0195% | 1h | 611.93 | +0.003% | $2K | $90K | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0220% | 1h | 612.62 | +0.116% | $2K | $59K | 12x | as long as short |
| Variational Omni AMDshort | +0.0284% | 8h | 611.95 | +0.007% | $2.5M | $3.3M | — | |
| Extended AMD_24_5-USD | +0.0368% | 1h | 612.27 | +0.059% | $457K | $3.1M | 10x | as long as short |
| Binance AMDUSDT | +0.0370% | 8h | 612.36 | +0.074% | $71.6M | $201.7M | 25x | as long as short |
| BloFin AMD-USDT | +0.0379% | 8h | 612.41 | +0.082% | $6K | $544K | 20x | as long as short |
Arcus AMD-USD
Aster AMDUSDT
Vest AMD-USD-PERP
tradeXYZ xyz:AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
Nado AMD-PERP
Coinbase International AMD-PERP-INTX
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Orderly PERP_AMD_USDC_mythos
OKX AMD-USDT-SWAP
GRVT AMD_USDT_Perp
Aevo AMD-PERP
Phoenix AMD
Injective AMD/USDC PERP
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT