Settings8H · net · $10k
Funding arb · Price arb /

M

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni−0.055%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno 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: Bybit is 0.055% cheaper against Variational Omni than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni M1.42670.0100pay 0.0050% / 4h2h 11m$89K$43K
ShortBybit MUSDT1.42590.0100get 0.0050% / 4h2h 11m$4.5M$1.8M20x

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

Profit calculator

Funding earned
$0
Price spread: −0.055% → 0.000%
−$5.51
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
−$16.51
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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell Bybit live order book, 1 min ago5.25 bp42.8 bp −$43211.6 bp −$2,116doesn't fitdoesn'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.

M on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUSDTshort+0.0100%4h1.4259−0.055%$4.5M$1.8M20x
Gate M_USDT+0.0100%8h1.4256−0.076%$1.9M$900K10xas long as short
Bitget MUSDT+0.0100%4h1.4288+0.148%$1.8M$239K10xas long as short
Variational Omni Mlong+0.0100%4h1.4267long leg$89K$43K
Orderly PERP_M_USDC+0.0100%4h1.4306+0.274%$2K$49610xas long as short
SunX M-USDT+0.0100%4h1.4323+0.393%$2K$712K20xas long as short
Aster MUSDT+0.1184%4h1.4236−0.219%$16K$93K5xas long as short
BingX M-USDT+0.1436%4h1.4266−0.006%$2.4Mas long as short
MEXC M_USDT+0.1516%4h1.4277+0.071%$239K$108K50xas long as short
Binance MUSDT+0.1522%4h1.4268+0.008%$5.5M$3.7M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin MUSDTM+0.3158%4h1.4160−0.753%$1.4M$4.0M10xas long as short