Funding you earn now, next payment 06:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Lighter+0.082%7-day average +0.071% · 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)−0.042%−$4 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.082%, 7d avg +0.071%
=Together, before fees−0.091%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter COIN | 194.95 | 0.0104 | pay 0.0013% / 1h | 25m 35s | $354K | $2.2M | 10x |
| Short | Variational Omni COIN | 195.11 | 0 | get 0.0000% / 8h | 2h 25m | $708K | $962K | — |
Lighter COIN
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- −$21.84
- Price spread: +0.082% → +0.071%
- $1.16
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.68
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 6 min ago; Variational Omni: RFQ quote, 13 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 Lighter live order book, 6 min ago | 0.64 bp | 0.7 bp −$1 | 2.3 bp −$23 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 13 min ago | 2.89 bp | doesn't fit | 24.1 bp −$241 | 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 | −0.0851% | 8h | 195.27 | +0.163% | $6.3M | $10.6M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.33 | +0.194% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0128% | 8h | 195.17 | +0.112% | $1.2M | $7.4M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0113% | 1h | 194.41 | −0.278% | — | $289K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.15 | +0.099% | $340K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.05 | +0.051% | $113K | $852K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.13 | +0.090% | $14.6M | $81.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.08 | +0.066% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.08 | +0.066% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 195.11 | +0.082% | $708K | $962K | — |
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 | 195.58 | +0.324% | $15K | $2.6M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 194.94 | −0.006% | $455K | $1.5M | 10x | as long as short |
| QFEX COIN-USD | +0.0038% | 1h | 195.12 | +0.086% | $1.3M | $3.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.35 | +0.204% | $15K | $54K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 194.84 | −0.057% | $15.1M | $13.8M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.00 | +0.025% | $131K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.07 | +0.061% | $80 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 194.98 | +0.014% | $363K | $2.8M | 10x | as long as short |
| Phoenix COIN | +0.0082% | 1h | 195.57 | +0.317% | $4K | $283K | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 194.95 | −0.001% | $982K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 194.98 | +0.014% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.09 | +0.071% | $564 | $4K | 10x | as long as short |
| Lighter COINlong | +0.0104% | 1h | 194.95 | long leg | $354K | $2.2M | 10x | |
| Aevo COIN-PERP | +0.0104% | 1h | 195.04 | +0.044% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.09 | +0.071% | $187K | $417K | 20x | as long as short |
| edgeX COINUSDC | +0.0690% | 4h | 195.16 | +0.107% | $50K | $294K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
QFEX COIN-USD
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
Phoenix COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
edgeX COINUSDC