Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit−0.101%7-day average — · 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)—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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.101% cheaper against Bybit than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DRIFTUSDT | 0.01787 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $2.4M | $2.8M | 20x |
| Short | Variational Omni DRIFT | 0.01785 | 0.0100 | get 0.0050% / 4h | 3h 33m | $24K | $6K | — |
Bybit DRIFTUSDT
Variational Omni DRIFTFunding 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
- $0
- Price spread: −0.101% → 0.000%
- −$10.14
- 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
- −$21.14
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 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, 4 min ago | 2.80 bp | 49.6 bp −$50 | 999.4 bp −$9,994 | 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.
DRIFT on 10 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 DRIFT/USDC PERP | +0.0033% | 1h | 0.01591 | −10.968% | — | $9K | 5.5x | as long as short |
| Binance DRIFTUSDT | +0.0100% | 4h | 0.01792 | +0.277% | $2.5M | $6.6M | 20x | as long as short |
| Bybit DRIFTUSDTlong | +0.0100% | 4h | 0.01787 | long leg | $2.4M | $2.8M | 20x | |
| Gate DRIFT_USDT | +0.0100% | 4h | 0.01790 | +0.168% | $123K | $235K | 10x | as long as short |
| MEXC DRIFT_USDT | +0.0100% | 4h | 0.01790 | +0.168% | $424K | $168K | 20x | as long as short |
| KuCoin DRIFTUSDTM | +0.0100% | 4h | 0.01787 | 0.000% | $696K | $122K | 20x | as long as short |
| Bitget DRIFTUSDT | +0.0100% | 4h | 0.01789 | +0.112% | $550K | $366K | 10x | as long as short |
| BingX DRIFT-USDT | +0.0100% | 4h | 0.01788 | +0.056% | — | $6.6M | — | as long as short |
| Variational Omni DRIFTshort | +0.0100% | 4h | 0.01785 | −0.101% | $24K | $6K | — | |
| BloFin DRIFT-USDT | +0.0128% | 4h | 0.01788 | +0.056% | $161K | $10K | 20x | as long as short |
Injective DRIFT/USDC PERP
Binance DRIFTUSDT
Gate DRIFT_USDT
MEXC DRIFT_USDT
KuCoin DRIFTUSDTM
Bitget DRIFTUSDT
BingX DRIFT-USDT
BloFin DRIFT-USDT