Funding you earn now, next payment 04:00 UTC+0.0198%/8h= +21.7% APRnext payment +$0.99 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Bybit−0.208%7-day average −0.037% · 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)+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)+0.318%+$32 · spread now −0.208%, 7d avg −0.037%
=Together, before fees+0.347%+ Points / potential airdropVariational Omni: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.171% cheaper against Bybit than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.037%). If the spread goes back, that is −$17 on $10k: about 2.9 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.029% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.029% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | Bybit LINEAUSDT | 0.002862 | −0.0098 | get 0.0049% / 4h | 3h 42m | $2.9M | $786K | 50x |
| Short | Variational Omni LINEA | 0.002856 | 0.0100 | get 0.0050% / 4h | 3h 42m | $115K | $62K | — |
Bybit LINEAUSDT
Variational Omni LINEAFunding 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
- $41.61
- Price spread: −0.208% → −0.037%
- −$17.1
- 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
- $13.51
- Costs to cover
- 0.110%
- Break-even
- 4.7 days
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 31 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 Bybit live order book, 5 min ago | 5.25 bp | 41.9 bp −$42 | 283.0 bp −$2,830 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 7.03 bp | doesn't fit | 214.3 bp −$2,143 | doesn't fit | doesn't fit |
LINEA on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit LINEAUSDTlong | −0.0098% | 4h | 0.002862 | long leg | $2.9M | $786K | 50x | |
| Injective LINEA/USDC PERP | +0.0033% | 1h | 0.002810 | −1.817% | $734 | $39K | 5.5x | as long as short |
| BloFin LINEA-USDT | +0.0055% | 4h | 0.002858 | −0.140% | $218K | $16K | 50x | as long as short |
| Lighter LINEA | +0.0096% | 1h | 0.002872 | +0.349% | $111K | $52K | 3x | as long as short |
| Hyperliquid LINEA | +0.0100% | 1h | 0.002876 | +0.489% | $2.7M | $256K | 3x | as long as short |
| Aster LINEAUSDT | +0.0100% | 4h | 0.002866 | +0.155% | $20K | $13 | 5x | as long as short |
| Binance LINEAUSDT | +0.0100% | 4h | 0.002865 | +0.105% | $4.1M | $3.6M | 50x | as long as short |
| OKX LINEA-USDT-SWAP | +0.0100% | 4h | 0.002862 | 0.000% | $1.2M | $961K | 50x | as long as short |
| Gate LINEA_USDT | +0.0100% | 4h | 0.002865 | +0.105% | $241K | $69K | 50x | as long as short |
| MEXC LINEA_USDT | +0.0100% | 4h | 0.002865 | +0.105% | $3.9M | $1.1M | 100x | as long as short |
Injective LINEA/USDC PERP
BloFin LINEA-USDT
Lighter LINEA
Hyperliquid LINEA
Aster LINEAUSDT
Binance LINEAUSDT
OKX LINEA-USDT-SWAP
Gate LINEA_USDT
MEXC LINEA_USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin LINEAUSDTM | +0.0100% | 4h | 0.002869 | +0.245% | $540K | $52K | 50x | as long as short |
| Bitget LINEAUSDT | +0.0100% | 4h | 0.002865 | +0.105% | $1.1M | $486K | 50x | as long as short |
| BingX LINEA-USDT | +0.0100% | 4h | 0.002862 | 0.000% | — | $2.6M | — | as long as short |
| Variational Omni LINEAshort | +0.0100% | 4h | 0.002856 | −0.208% | $115K | $62K | — | |
| GRVT LINEA_USDT_Perp | +0.0100% | 4h | 0.002862 | 0.000% | $143K | $2.3M | 10x | as long as short |
| ApeX Omni LINEAUSDT | +0.0100% | 1h | 0.002860 | −0.070% | $2K | $19K | 50x | as long as short |
| SunX LINEA-USDT | +0.0100% | 4h | 0.002920 | +2.027% | $1K | $1.5M | 20x | as long as short |
| Extended LINEA-USD | +0.0104% | 1h | 0.002863 | +0.049% | $10K | $177K | 10x | as long as short |
| Reya LINEARUSDPERP | +0.0271% | 1h | 0.002865 | +0.103% | $4K | — | 3x | as long as short |
| Backpack LINEA_USDC_PERP | +0.0324% | 1h | 0.002867 | +0.171% | $85K | $53K | 10x | as long as short |
| GMX LINEA/USD [ETH-USDC] | L +0.0451% / S −0.0181% | 1h | 0.002868 | +0.210% | $32K | — | 100x | as long as short |
KuCoin LINEAUSDTM
Bitget LINEAUSDT
BingX LINEA-USDT
GRVT LINEA_USDT_Perp
ApeX Omni LINEAUSDT
SunX LINEA-USDT
Extended LINEA-USD
Reya LINEARUSDPERP
Backpack LINEA_USDC_PERP
GMX LINEA/USD [ETH-USDC]