Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.022%
Price spread now: Variational Omni against ApeX Omni+0.055%7-day average +0.016% · 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)−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.055%, 7d avg +0.016%
=Together, before fees−0.161%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.039% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.016%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 196.26 | 0.0100 | pay 0.0013% / 1h | 6m 38s | $88K | $287K | 50x |
| Short | Variational Omni COIN | 196.37 | 0 | get 0.0000% / 8h | 3h 06m | $682K | $939K | — |
ApeX Omni COINUSDT
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against ApeX Omni. 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
- −$21
- Price spread: +0.055% → +0.016%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$27.1
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 46 min ago; Variational Omni: RFQ quote, 37 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 ApeX Omni live order book, 46 min ago | 2.79 bp | 7.8 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 37 min ago | 3.40 bp | doesn't fit | 17.2 bp −$172 | doesn't fit | doesn't fit |
COIN on 26 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 COINUSDT | −0.0733% | 8h | 196.66 | +0.204% | $6.3M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.32 | +0.031% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0227% | 8h | 196.52 | +0.132% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0110% | 1h | 195.75 | −0.260% | — | $262K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.48 | +0.113% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.46 | +0.104% | $116K | $845K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.60 | +0.173% | $14.7M | $80.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.54 | +0.143% | $4.8M | $6.1M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.58 | +0.163% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 196.37 | +0.055% | $682K | $939K | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 196.32 | +0.033% | $20K | $2.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0020% | 1h | 196.36 | +0.051% | $1.3M | $3.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.49 | +0.117% | $454K | $1.5M | 10x | as long as short |
| Lighter COIN | +0.0040% | 1h | 196.52 | +0.133% | $380K | $2.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.54 | +0.143% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.44 | +0.092% | $15.3M | $13.7M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.35 | +0.046% | $133K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.37 | +0.056% | $83 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.40 | +0.071% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.43 | +0.087% | $990K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 196.26 | long leg | $88K | $287K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.41 | +0.076% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.39 | +0.065% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 196.49 | +0.117% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0122% | 1h | 196.37 | +0.056% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0805% | 4h | 196.36 | +0.051% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter RH COIN
Lighter COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC