Funding you earn now, next payment 07:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Vest+0.370%56s7-day average −0.109% · 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)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.507%−$51 · spread now +0.370%, 7d avg −0.109%
=Together, before fees−0.535%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board−$54 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.480% dearer against Vest than usual: you sell high and buy low: +$48 more if the spread goes back to its 7-day average of −0.109%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest COIN-USD-PERP | 194.73 | −0.0102 | get 0.0013% / 1h | 38m 42s | — | $289K | 25x |
| Short | Variational Omni COIN | 195.45 | 0 | get 0.0000% / 8h | 1h 38m | $708K | $959K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Vest. 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
- $21.52
- Price spread: +0.370% → −0.109%
- $47.95
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $67.47
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 60 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 Vest no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 60 min ago | 2.89 bp | doesn't fit | 24.1 bp −$241 | doesn't fit | doesn't fit |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0700% | 8h | 195.51 | +0.401% | $6.3M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.45 | +0.370% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERPlong | −0.0102% | 1h | 194.73 | long leg | — | $289K | 25x | |
| Gate COIN_USDT | −0.0009% | 8h | 195.30 | +0.293% | $1.2M | $7.4M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.44 | +0.364% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.22 | +0.252% | $112K | $803K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.27 | +0.277% | $15.0M | $82.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.22 | +0.252% | $4.7M | $6.2M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.23 | +0.257% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 195.45 | +0.370% | $708K | $959K | — |
Show 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 | +0.437% | $16K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.20 | +0.241% | $459K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.52 | +0.406% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.28 | +0.282% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.20 | +0.241% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.27 | +0.277% | $76 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.06 | +0.169% | $447K | $2.8M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0078% | 1h | 195.20 | +0.241% | $15.1M | $13.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 195.20 | +0.241% | $984K | $137K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.32 | +0.303% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.24 | +0.262% | $565 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.28 | +0.282% | $115 | — | 10x | as long as short |
| Lighter COIN | +0.0120% | 1h | 195.24 | +0.260% | $361K | $2.3M | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.33 | +0.308% | $187K | $423K | 20x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.44 | +0.365% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0209% | 4h | 195.50 | +0.398% | $50K | $294K | 10x | as long as short |
Variational Omni COIN
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
GRVT COIN_USDT_Perp
Lighter RH COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
tradeXYZ xyz:COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Lighter COIN
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC