Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.16 per $10,000 · paid last 24h −0.014%
Price spread now: Variational Omni against Bybit−0.182%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.182% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ALTUSDT | 0.007500 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $1.2M | $1.6M | 25x |
| Short | Variational Omni ALT | 0.007486 | 0.0069 | get 0.0034% / 4h | 2h 54m | $5K | $13K | — |
Bybit ALTUSDT
Variational Omni ALTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$6.56
- Price spread: −0.182% → 0.000%
- −$18.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$35.77
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: 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 Bybit live order book, 1 min ago | 4.67 bp | 34.0 bp −$34 | 158.7 bp −$1,587 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007505 | +0.067% | — | $0 | 25x | as long as short |
| BloFin ALT-USDT | +0.0065% | 4h | 0.007502 | +0.027% | $171K | $10K | 50x | as long as short |
| Variational Omni ALTshort | +0.0069% | 4h | 0.007486 | −0.182% | $5K | $13K | — | |
| Hyperliquid ALT | +0.0100% | 1h | 0.007503 | +0.040% | $1.1M | $185K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007507 | +0.088% | $2.6M | $3.6M | 50x | as long as short |
| Bybit ALTUSDTlong | +0.0100% | 4h | 0.007500 | long leg | $1.2M | $1.6M | 25x | |
| Gate ALT_USDT | +0.0100% | 8h | 0.007499 | −0.013% | $51K | $395K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007506 | +0.080% | $413K | $182K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007505 | +0.067% | $148K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007494 | −0.080% | $595K | $113K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007503 | +0.040% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0210% | 1h | 0.007507 | +0.099% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0432% | 1h | 0.007598 | +1.307% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007604 | +1.387% | $827 | $4K | 5.5x | as long as short |
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP