Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%
Price spread now: Variational Omni against tradeXYZ+0.013%7-day average +0.039% · 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)+0.021%+$2 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.013%, 7d avg +0.039%
=Together, before fees+0.059%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.026% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.039%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LLY | 1,162.7 | 0.0050 | pay 0.0006% / 1h | 34m 23s | $8.7M | $1.2M | 10x |
| Short | Variational Omni LLY | 1,162.8 | 0 | get 0.0000% / 8h | 4h 34m | $192K | $18K | — |
tradeXYZ xyz:LLY
Variational Omni LLYFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$10.5
- Price spread: +0.013% → +0.039%
- −$2.64
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$31.14
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 4 min ago; Variational Omni: RFQ quote, 25 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 tradeXYZ live order book, 4 min ago | 3.01 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 25 min ago | 6.23 bp | doesn't fit | 66.0 bp −$660 | doesn't fit | doesn't fit |
LLY on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster LLYUSDT | 0.0000% | 8h | 1,163.1 | +0.032% | $23K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,162.5 | −0.016% | $1.3M | $531K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,163.9 | +0.103% | $790K | $645K | 20x | as long as short |
| Gate LLY_USDT | 0.0000% | 8h | 1,162.9 | +0.016% | $1.3M | $880K | 25x | as long as short |
| Bitget LLYUSDT | 0.0000% | 8h | 1,163.4 | +0.064% | $2.3M | $169K | 20x | as long as short |
| Variational Omni LLYshort | 0.0000% | 8h | 1,162.8 | +0.013% | $192K | $18K | — | |
| GRVT LLY_USDT_Perp | 0.0000% | 8h | 1,163.1 | +0.037% | $221 | $186K | 10x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,162.9 | +0.017% | $2K | $5.9M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,161.1 | −0.137% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0014% | 1h | 1,162.6 | −0.009% | $47K | $41K | 5x | as long as short |
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Gate LLY_USDT
Bitget LLYUSDT
GRVT LLY_USDT_Perp
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSDShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LLY-USDT | +0.0018% | 8h | 1,163.3 | +0.052% | $84K | $85K | 20x | as long as short |
| Binance LLYUSDT | +0.0029% | 8h | 1,163.1 | +0.034% | $2.0M | $3.1M | 20x | as long as short |
| QFEX LLY-USD | +0.0035% | 1h | 1,163.1 | +0.033% | $1.2M | $4.3M | 10x | as long as short |
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,162.6 | −0.008% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLYlong | +0.0050% | 1h | 1,162.7 | long leg | $8.7M | $1.2M | 10x | |
| Nado LLY-PERP | +0.0098% | 1h | 1,162.8 | +0.011% | $39K | $251 | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,163 | +0.026% | $137K | $73K | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,175.1 | +1.066% | $7K | $24K | 12x | as long as short |
| Phoenix LLY | +0.0275% | 1h | 1,163.9 | +0.103% | $1K | $7K | 10x | as long as short |
BloFin LLY-USDT
Binance LLYUSDT
QFEX LLY-USD
Vest LLY-USD-PERP
Nado LLY-PERP
KuCoin LLYUSDTM
Injective LLY/USDC PERP
Phoenix LLY