Funding you earn now, next payment 08:00 UTC+0.0717%/8h= +78.5% APRnext payment +$7.17 per $10,000 · paid last 24h +0.007%
Price spread now: Variational Omni against Bitget+0.080%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.080%, 7d avg −0.010%
=Together, before fees−0.137%+ Points / potential airdropVariational Omni: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Variational Omni is 0.089% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.010%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.007% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.17 per $10,000. 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 | Bitget COINUSDT | 197.43 | −0.0717 | get 0.0717% / 8h | 5h 53m | $6.3M | $10.1M | 20x |
| Short | Variational Omni COIN | 197.59 | 0 | get 0.0000% / 8h | 5h 53m | $817K | $905K | — |
Bitget COINUSDT
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- $150.57
- Price spread: +0.080% → −0.010%
- $8.95
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $147.52
- Costs to cover
- 0.120%
- Break-even
- 0.1 days
Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 26 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 Bitget live order book, 5 min ago | 2.28 bp | 12.0 bp −$12 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 26 min ago | 2.86 bp | doesn't fit | 31.2 bp −$312 | doesn't fit | doesn't fit |
COIN on 25 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 COINUSDTlong | −0.0717% | 8h | 197.43 | long leg | $6.3M | $10.1M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.32 | −0.056% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0137% | 8h | 197.28 | −0.076% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0086% | 1h | 196.84 | −0.299% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.53 | +0.052% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.31 | −0.060% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.36 | −0.035% | $15.1M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.34 | −0.046% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.32 | −0.056% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 197.59 | +0.080% | $817K | $905K | — |
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 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.39 | −0.019% | $14K | $2.1M | 10x | as long as short |
| QFEX COIN-USD | +0.0016% | 1h | 197.21 | −0.111% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.29 | −0.072% | $365K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.27 | −0.081% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.43 | 0.000% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.21 | −0.111% | $15.7M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.16 | −0.137% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.27 | −0.081% | $91 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.22 | −0.106% | $350K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.32 | −0.056% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.36 | −0.035% | $89K | $286K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.31 | −0.061% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.26 | −0.085% | $116 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.32 | −0.056% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0312% | 4h | 197.38 | −0.023% | $51K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC