Funding arb · Price arb /

GENIUS

all GENIUS markets

Swap Backtest

Alert: funding

Alert: spread

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−0.241%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

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 0.241% cheaper against Bybit than usual: you would sell low and buy high, −$24 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 GENIUSUSDT	0.3580	0.0100	pay 0.0050% / 4h	1h 43m	$1.4M	$2.2M	25x
Short	Variational Omni GENIUS	0.3571	0.0100	get 0.0050% / 4h	1h 43m	$93K	$37K	—

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

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now −0.241%Rate

Funding earned: $0
Price spread: −0.241% → 0.000%: −$24.09
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: −$35.09
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 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, 3 min ago	2.80 bp	80.9 bp −$81	1509.8 bp −$15.1K	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.

GENIUS on 12 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
BloFin GENIUS-USDT	+0.0092%	4h	0.3580	0.000%	$505K	$24K	50x	as long as short
Bybit GENIUSUSDTlong	+0.0100%	4h	0.3580	long leg	$1.4M	$2.2M	25x
Gate GENIUS_USDT	+0.0100%	4h	0.3571	−0.251%	$243K	$368K	20x	as long as short
KuCoin GENIUSUSDTM	+0.0100%	4h	0.3573	−0.204%	$532K	$1.8M	20x	as long as short
Bitget GENIUSUSDT	+0.0100%	4h	0.3573	−0.184%	$735K	$1.1M	20x	as long as short
Variational Omni GENIUSshort	+0.0100%	4h	0.3571	−0.241%	$93K	$37K	—
SunX GENIUS-USDT	+0.0100%	4h	0.3577	−0.084%	$1K	$758K	20x	as long as short
Extended GENIUS-USD	+0.0120%	1h	0.3577	−0.080%	$2K	$211K	5x	as long as short
MEXC GENIUS_USDT	+0.0120%	4h	0.3578	−0.056%	$521K	$307K	20x	as long as short
BingX GENIUS-USDT	+0.0120%	4h	0.3581	+0.028%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GENIUSUSDT	+0.0121%	4h	0.3580	+0.003%	$9.4M	$17.1M	50x	as long as short
Aster GENIUSUSDT	+0.0629%	4h	0.3577	−0.084%	$261K	$376K	20x	as long as short