Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Bybit−0.040%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 −$3 a day on $10k at the current rate, and Variational Omni is 0.040% cheaper against Bybit than usual: you would sell low and buy high (−$4 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 BICOUSDT | 0.02270 | 0.0197 | pay 0.0197% / 8h | 7h 42m | $2.5M | $3.7M | 20x |
| Short | Variational Omni BICO | 0.02269 | 0.0113 | get 0.0113% / 8h | 7h 42m | $16K | $5K | — |
Funding 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
- −$17.64
- Price spread: −0.040% → 0.000%
- −$3.97
- 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
- −$32.61
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 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, 5 min ago | 0.44 bp | 63.1 bp −$63 | doesn't fit | 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.
BICO on 11 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 BICOUSDT | +0.0100% | 8h | 0.02264 | −0.236% | $94K | $19K | 5x | as long as short |
| Binance BICOUSDT | +0.0100% | 8h | 0.02268 | −0.058% | $4.1M | $8.4M | 20x | as long as short |
| OKX BICO-USDT-SWAP | +0.0100% | 4h | 0.02268 | −0.070% | $1.9M | $5.3M | 20x | as long as short |
| MEXC BICO_USDT | +0.0100% | 8h | 0.02267 | −0.115% | $1.8M | $1.0M | 50x | as long as short |
| KuCoin BICOUSDTM | +0.0100% | 8h | 0.02271 | +0.062% | $1.1M | $1.3M | 20x | as long as short |
| Bitget BICOUSDT | +0.0100% | 8h | 0.02269 | −0.026% | $647K | $461K | 10x | as long as short |
| BingX BICO-USDT | +0.0100% | 8h | 0.02268 | −0.070% | — | $1.7M | — | as long as short |
| Variational Omni BICOshort | +0.0113% | 8h | 0.02269 | −0.040% | $16K | $5K | — | |
| Bybit BICOUSDTlong | +0.0197% | 8h | 0.02270 | long leg | $2.5M | $3.7M | 20x | |
| Gate BICO_USDT | +0.0226% | 8h | 0.02267 | −0.115% | $406K | $299K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_BICOUSD | +0.3468% | 1h | 0.02282 | +0.560% | $39K | $52K | 20x | as long as short |
Bybit BICOUSDT
Variational Omni BICO
Aster BICOUSDT
Binance BICOUSDT
OKX BICO-USDT-SWAP
MEXC BICO_USDT
KuCoin BICOUSDTM
Bitget BICOUSDT
BingX BICO-USDT
Gate BICO_USDT
Kraken Futures PF_BICOUSD