Funding you earn now, next payment 04:00 UTC−0.0893%/8h= −97.8% APRnext payment −$4.46 per $10,000 · paid last 24h −0.002%
Price spread now: Bybit against Variational Omni−0.018%7-day average +0.029% · 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)−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+0.121%+$12 · spread now −0.018%, 7d avg +0.029%
=Together, before fees+0.101%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and Bybit is 0.048% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.020% in total (about -2.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.46 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 | Variational Omni CC | 0.1181 | 0.0100 | pay 0.0050% / 4h | 3h 49m | $589K | $43K | — |
| Short | Bybit CCUSDT | 0.1181 | −0.0793 | pay 0.0396% / 4h | 3h 49m | $10.7M | $3.8M | 25x |
Variational Omni CC
Bybit CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$187.49
- Price spread: −0.018% → +0.029%
- −$4.77
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$203.26
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 25 min ago; Bybit: 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, 25 min ago | 12.71 bp | doesn't fit | 368.5 bp −$3,685 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.11 bp | 38.0 bp −$38 | 344.9 bp −$3,449 | doesn't fit | doesn't fit |
CC 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.4522% | 1h | 0.1170 | −0.958% | $6K | $97 | 5.5x | as long as short |
| Bybit CCUSDTshort | −0.0793% | 4h | 0.1181 | −0.018% | $10.7M | $3.8M | 25x | |
| MEXC CC_USDT | −0.0772% | 4h | 0.1181 | −0.027% | $1.6M | $313K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1181 | −0.043% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1184 | +0.219% | $5.5M | $1.4M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1181 | −0.019% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1181 | −0.035% | $11.1M | $11.3M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1182 | +0.024% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1183 | +0.109% | $366K | $210K | 50x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1183 | +0.117% | $501K | $116K | 50x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1182 | +0.058% | $942K | $791K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1182 | +0.049% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1181 | −0.061% | $15K | $22K | 10x | as long as short |
| Variational Omni CClong | +0.0100% | 4h | 0.1181 | long leg | $589K | $43K | — | |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1183 | +0.105% | $92K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1180 | −0.125% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1180 | −0.086% | $591K | $110K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1183 | +0.122% | $44K | — | 50x | as long as short |
| Lighter CC | +0.0824% | 1h | 0.1186 | +0.388% | $236K | $152K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC