Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01288 | +0.0100 | pay 0.0050% / 4h | 8m 23s | $11K | $18K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.01289 | +0.0100 | get 0.0050% / 4h | 8m 23s | $333K | $484K | 5x | Short Bybit |
Price gap+0.078%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$500.0000% /8h now · paid −0.503% over the last 7D
Price—spread +0.078% now · no price history on both exchanges yet
Costs−$1,04310.432% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.078%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hDBR on 2 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size431.4 / 37.5 bpAt $10k entering Variational Omni costs 431.4 bp, fee and slippage, 11.5× Bybit’s.
- Note: Margin at max leverage$200 + $2,000Variational Omni 50x, Bybit 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- Note: No 7-day spread history+0.078%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$11K vs $333K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0240%/8h × 21 periods−$50.35
Price spread+0.078% → 0+$7.77
Slippage, 4 orderslive order books−$1,032.22
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$1,085.80
Costs to cover10.432%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 36 min ago; Bybit: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni11.66431.4 bp−$431843.4 bp−$8,434doesn’t fitdoesn’t fit
SELL · SHORTBybit3.9037.5 bp−$37doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
MEXC