Funding you earn now, next payment 08:00 UTC−0.0418%/8h= −45.8% APRnext payment −$4.18 per $10,000 · paid last 24h +0.008%
Price spread now: Bybit against Variational Omni−0.064%7-day average — · 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)—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
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bybit is 0.064% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GMT | 0.008539 | 0.0100 | pay 0.0100% / 8h | 6h 10m | $3K | $5K | — |
| Short | Bybit GMTUSDT | 0.008533 | −0.0318 | pay 0.0318% / 8h | 6h 10m | $1.1M | $1.8M | 50x |
Variational Omni GMT
Bybit GMTUSDTFunding 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
- −$87.88
- Price spread: −0.064% → 0.000%
- −$6.45
- 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
- −$105.33
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 1 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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 2.34 bp | 37.9 bp −$38 | 164.1 bp −$1,641 | doesn't fit | doesn't fit |
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.
GMT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_GMTUSD | −0.0642% | 1h | 0.008553 | +0.172% | $44K | $13K | 20x | as long as short |
| KuCoin GMTUSDTM | −0.0366% | 4h | 0.008540 | +0.018% | $286K | $190K | 50x | as long as short |
| Bybit GMTUSDTshort | −0.0318% | 8h | 0.008533 | −0.064% | $1.1M | $1.8M | 50x | |
| Gate GMT_USDT | −0.0317% | 8h | 0.008550 | +0.135% | $152K | $171K | 50x | as long as short |
| OKX GMT-USDT-SWAP | −0.0009% | 4h | 0.008519 | −0.228% | $391K | $1.1M | 20x | as long as short |
| Hyperliquid GMT | +0.0100% | 1h | 0.008539 | +0.006% | $125K | $142K | 3x | as long as short |
| Aster GMTUSDT | +0.0100% | 4h | 0.008570 | +0.370% | $8K | $21K | 10x | as long as short |
| Binance GMTUSDT | +0.0100% | 4h | 0.008532 | −0.076% | $2.9M | $4.8M | 50x | as long as short |
| MEXC GMT_USDT | +0.0100% | 4h | 0.008535 | −0.041% | $441K | $213K | 20x | as long as short |
| Bitget GMTUSDT | +0.0100% | 4h | 0.008531 | −0.088% | $676K | $615K | 50x | as long as short |
Kraken Futures PF_GMTUSD
KuCoin GMTUSDTM
Gate GMT_USDT
OKX GMT-USDT-SWAP
Hyperliquid GMT
Aster GMTUSDT
Binance GMTUSDT
MEXC GMT_USDT
Bitget GMTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GMT-USDT | +0.0100% | 4h | 0.008538 | −0.006% | — | $1.2M | — | as long as short |
| Variational Omni GMTlong | +0.0100% | 8h | 0.008539 | long leg | $3K | $5K | — |
BingX GMT-USDT