Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: Polymarket Perps against Variational Omni−0.011%7-day average −0.059% · 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)+0.051%+$5 on $10k
+Price spread, last 7 days−0.004%$0 · spread now −0.011%, 7d avg −0.059%
=Together, before fees+0.047%+ Points / potential airdropVariational Omni: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.048% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni META | 740.83 | 0 | get 0.0000% / 8h | 7h 04m | $2.4M | $3.3M | — |
| Short | Polymarket Perps META-USD | 740.75 | 0.0050 | get 0.0006% / 1h | 4m 03s | $558K | $857K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- $10.5
- Price spread: −0.011% → −0.059%
- $4.84
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $7.34
- Costs to cover
- 0.080%
- Break-even
- 2.1 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Polymarket Perps: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 2.46 bp | doesn't fit | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 1.89 bp | 7.3 bp −$7 | 8.1 bp −$81 | 8.9 bp −$893 | doesn't fit |
META on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 740.79 | −0.005% | $326K | $1.1M | 20x | as long as short |
| Nado META-PERP | −0.0090% | 1h | 740.71 | −0.015% | $498K | $508K | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | −0.0034% | 1h | 740.52 | −0.042% | $31K | $246K | 10x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 740.50 | −0.045% | $466K | $549K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 740.73 | −0.013% | $550K | $2.7M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 740.75 | −0.010% | $27.4M | $179.9M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 741.00 | +0.023% | $7.5M | $14.0M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 740.85 | +0.003% | $6.0M | $13.3M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 740.66 | −0.023% | $351K | $5.7M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 740.82 | −0.001% | $5.6M | $11.3M | 100x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni METAlong | 0.0000% | 8h | 740.83 | long leg | $2.4M | $3.3M | — | |
| GRVT META_USDT_Perp | 0.0000% | 8h | 740.13 | −0.094% | $12K | $458K | 10x | as long as short |
| SunX META-USDT | 0.0000% | 8h | 741.05 | +0.030% | $822 | $9.3M | 20x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 740.66 | −0.023% | $105K | $295K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 740.88 | +0.007% | $2.0M | $8K | 10x | as long as short |
| Lighter RH META | +0.0032% | 1h | 741.09 | +0.035% | $753K | $3.2M | 20x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 741.22 | +0.053% | — | $11K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 740.83 | 0.000% | $176K | $197K | 20x | as long as short |
| Polymarket Perps META-USDshort | +0.0050% | 1h | 740.75 | −0.011% | $558K | $857K | 10x | |
| SoDEX META-USD | +0.0050% | 1h | 740.87 | +0.006% | $24K | $3K | 10x | as long as short |
| Ondo Perps META-USD.P | +0.0050% | 1h | 740.22 | −0.082% | $686K | $4.4M | 10x | as long as short |
| QFEX META-USD | +0.0055% | 1h | 740.59 | −0.032% | $2.2M | $14.1M | 10x | as long as short |
| Paradex META-USD-PERP | +0.0060% | 8h | 740.91 | +0.012% | — | — | 5x | as long as short |
| Arcus META-USD | +0.0063% | 1h | 740.14 | −0.093% | $110K | $331K | 10x | as long as short |
| Aftermath Perps METAUSD | +0.0068% | 1h | 740.95 | +0.017% | $48K | $80K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 740.74 | −0.012% | $1.6M | $454K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 739.45 | −0.186% | $166K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 740.82 | −0.001% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 740.69 | −0.019% | $267 | — | 10x | as long as short |
| Hotstuff META-PERP | +0.0112% | 1h | 740.86 | +0.004% | $33K | $105 | 20x | as long as short |
| Coinbase International META-PERP-INTX | +0.0144% | 1h | 740.63 | −0.027% | $608K | $7.4M | 10x | as long as short |
| tradeXYZ xyz:META | +0.0166% | 1h | 740.91 | +0.011% | $67.9M | $121.1M | 20x | as long as short |
| Lighter META | +0.0200% | 1h | 741.04 | +0.029% | $857K | $2.5M | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 741.98 | +0.156% | $171K | $48K | 30x | as long as short |
| Phoenix META | +0.0259% | 1h | 740.42 | −0.055% | $330K | $930K | 20x | as long as short |
| edgeX METAUSDC | +0.0394% | 4h | 740.15 | −0.092% | $62K | $335K | 10x | as long as short |
Variational Omni META
Polymarket Perps META-USD
BloFin META-USDT
Deribit META_USDC-PERPETUAL
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
GRVT META_USDT_Perp
SunX META-USDT
HTX META-USDT
Phemex METAUSDT
Lighter RH META
Popdex METAUSDT
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
KuCoin METAUSDTM
ApeX Omni METAUSDT
Coinbase International META-PERP-INTX
tradeXYZ xyz:META
Lighter META
Injective META/USDC PERP
Phoenix META
edgeX METAUSDC