Funding you earn now, next payment 08:00 UTC−0.0256%/8h= −28.0% APRnext payment −$1.28 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit−0.152%7-day average +0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.080%−$8 on $10k
+Price spread, last 7 days+0.121%+$12 · spread now −0.152%, 7d avg +0.146%
=Together, before fees+0.041%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.298% cheaper against Bybit than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of +0.146%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.080% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CASHCATUSDT | 0.1639 | 0.0356 | pay 0.0178% / 4h | 1h 35m | $12.2M | $19.2M | 10x |
| Short | Variational Omni CASHCAT | 0.1636 | 0.0100 | get 0.0050% / 4h | 1h 35m | $1.0M | $1.8M | — |
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
- −$53.7
- Price spread: −0.152% → +0.146%
- −$29.81
- 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
- −$94.51
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 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 Bybit live order book, 3 min ago | 5.50 bp | 44.2 bp −$44 | 128.9 bp −$1,289 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 9.17 bp | doesn't fit | 82.5 bp −$825 | doesn't fit | doesn't fit |
CASHCAT on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CASHCAT | −0.0536% | 1h | 0.1635 | −0.207% | $1.1M | $1.8M | 3x | as long as short |
| Lighter RH CASHCAT | +0.0096% | 1h | 0.1636 | −0.183% | $339K | $955K | 3x | as long as short |
| Hyperliquid CASHCAT | +0.0100% | 1h | 0.1638 | −0.053% | $44.8M | $20.3M | 3x | as long as short |
| Gate CASHCAT_USDT | +0.0100% | 4h | 0.1636 | −0.177% | $1.5M | $2.0M | 20x | as long as short |
| KuCoin CASHCATUSDTM | +0.0100% | 4h | 0.1635 | −0.220% | $574K | $2.4M | 10x | as long as short |
| Variational Omni CASHCATshort | +0.0100% | 4h | 0.1636 | −0.152% | $1.0M | $1.8M | — | |
| SunX CASHCAT-USDT | +0.0100% | 1h | 0.1636 | −0.131% | — | $2.4M | 10x | as long as short |
| SoDEX CASHCAT-USD | +0.0100% | 1h | 0.1637 | −0.116% | $491 | $1K | 3x | as long as short |
| HTX CASHCAT-USDT | +0.0100% | 1h | 0.1638 | −0.012% | $20K | $292K | 10x | as long as short |
| ApeX Omni CASHCATUSDT | +0.0120% | 1h | 0.1635 | −0.238% | $74K | $59K | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado CASHCAT-PERP | +0.0305% | 1h | 0.1634 | −0.299% | $206K | $194K | 5x | as long as short |
| Bybit CASHCATUSDTlong | +0.0356% | 4h | 0.1639 | long leg | $12.2M | $19.2M | 10x | |
| MEXC CASHCAT_USDT | +0.0362% | 4h | 0.1636 | −0.159% | $8.2M | $527K | 20x | as long as short |
| Extended CASHCAT-USD | +0.0480% | 1h | 0.1637 | −0.108% | $106K | $756K | 5x | as long as short |
| Polymarket Perps CASHCAT-USD | +0.0718% | 1h | 0.1638 | −0.043% | $64K | $1.3M | 3x | as long as short |
| edgeX CASHCATUSDC | +0.0769% | 4h | 0.1636 | −0.174% | $50K | $169K | 5x | as long as short |
| Arcus CASHCAT-USD | +0.0990% | 1h | 0.1641 | +0.167% | $102K | $280K | 5x | as long as short |
| BingX CASHCAT-USDT | +0.0992% | 4h | 0.1637 | −0.098% | — | $1.1M | — | as long as short |
| OKX CASHCAT-USDT-SWAP | +0.1010% | 4h | 0.1637 | −0.098% | $1.5M | $12.2M | 20x | as long as short |
| BloFin CASHCAT-USDT | +0.1340% | 4h | 0.1638 | −0.037% | $52K | $562K | 20x | as long as short |
| Aster CASHCATUSDT | +0.1778% | 1h | 0.1638 | −0.024% | $549K | $1.1M | 10x | as long as short |
| Injective CASHCAT/USDC PERP | +0.5000% | 1h | 0.1659 | +1.245% | $8K | $19K | 5.5x | as long as short |
Bybit CASHCATUSDT
Variational Omni CASHCAT
Lighter CASHCAT
Lighter RH CASHCAT
Hyperliquid CASHCAT
Gate CASHCAT_USDT
KuCoin CASHCATUSDTM
SunX CASHCAT-USDT
SoDEX CASHCAT-USD
HTX CASHCAT-USDT
ApeX Omni CASHCATUSDT
MEXC CASHCAT_USDT
Extended CASHCAT-USD
Polymarket Perps CASHCAT-USD
edgeX CASHCATUSDC
BingX CASHCAT-USDT
OKX CASHCAT-USDT-SWAP
BloFin CASHCAT-USDT
Aster CASHCATUSDT
Injective CASHCAT/USDC PERP