Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%
Price spread now: Ondo Perps against Variational Omni−0.105%7-day average −0.099% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.060%+$6 on $10k
+Price spread, last 7 days−0.247%−$25 · spread now −0.105%, 7d avg −0.099%
=Together, before fees−0.187%+ Points / potential airdropVariational Omni: Active · Ondo Perps: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COIN | 201.85 | 0 | get 0.0000% / 8h | 7h 24m | $839K | $1.0M | — |
| Short | Ondo Perps COIN-USD.P | 201.64 | 0.0050 | get 0.0006% / 1h | 24m 55s | $358K | $3.3M | 10x |
Variational Omni COIN
Ondo Perps COIN-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Variational 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
- $10.58
- Price spread: −0.105% → −0.099%
- −$0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $5.03
- Costs to cover
- 0.050%
- Break-even
- 3.7 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Ondo Perps: no order-book sample. 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 Variational Omni RFQ quote, 4 min ago | 2.85 bp | doesn't fit | 29.5 bp −$295 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 201.81 | −0.021% | $44K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 201.81 | −0.023% | $370K | $840K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.82 | −0.018% | $120K | $814K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 201.86 | +0.003% | $15.8M | $75.0M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 201.87 | +0.009% | $5.1M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 201.85 | −0.001% | $3.3M | $4.5M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.88 | +0.014% | $1.3M | $6.8M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 201.93 | +0.039% | $6.9M | $9.1M | 20x | as long as short |
| Variational Omni COINlong | 0.0000% | 8h | 201.85 | long leg | $839K | $1.0M | — | |
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 201.79 | −0.031% | $20K | $2.0M | 10x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
GRVT COIN_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0021% | 1h | 201.78 | −0.036% | $1.4M | $3.8M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.84 | −0.006% | $434K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 201.86 | +0.004% | $16K | $53K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.68 | −0.085% | — | $286K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 201.83 | −0.011% | $16.6M | $12.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.74 | −0.055% | $129K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.84 | −0.006% | $96 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.Pshort | +0.0050% | 1h | 201.64 | −0.105% | $358K | $3.3M | 10x | |
| KuCoin COINUSDTM | +0.0100% | 8h | 201.94 | +0.044% | $1.0M | $120K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 201.75 | −0.050% | $91K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.82 | −0.016% | $584 | $4K | 10x | as long as short |
| Lighter COIN | +0.0104% | 1h | 201.87 | +0.007% | $375K | $1.8M | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.84 | −0.007% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 201.83 | −0.011% | $199K | $338K | 20x | as long as short |
| Phoenix COIN | +0.0237% | 1h | 201.65 | −0.100% | $5K | $279K | 10x | as long as short |
| edgeX COINUSDC | +0.0652% | 4h | 201.75 | −0.052% | $52K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Lighter COIN
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC