ME

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0341%/8h= +37.3% APRnext payment +$1.70 per $10,000 · paid last 24h +0.001%

Price spread now: Variational Omni against Bybit+0.029%7-day average — · you sell dearer than you buy

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 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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Variational Omni is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread 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 MEUSDT	0.07370	−0.0241	get 0.0120% / 4h	2h 56m	$1.5M	$625K	25x
Short	Variational Omni ME	0.07372	0.0100	get 0.0050% / 4h	2h 56m	$11K	$1K	—

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

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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.029%Rate

Funding earned: $71.51
Price spread: +0.029% → 0.000%: $2.86
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: $63.38
Costs to cover: 0.110%
Break-even: 0.8 days

Slippage unknown: Bybit: live order book, 5 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, 5 min ago	4.07 bp	83.3 bp −$83	310.1 bp −$3,101	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.

ME on 13 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 MEUSDTlong	−0.0241%	4h	0.07370	long leg	$1.5M	$625K	25x
BloFin ME-USDT	+0.0080%	4h	0.07368	−0.027%	$109K	$8K	50x	as long as short
Hyperliquid ME	+0.0100%	1h	0.07366	−0.054%	$232K	$100K	3x	as long as short
Aster MEUSDT	+0.0100%	4h	0.07379	+0.117%	$17K	$11K	5x	as long as short
Binance MEUSDT	+0.0100%	4h	0.07375	+0.068%	$2.1M	$3.8M	50x	as long as short
OKX ME-USDT-SWAP	+0.0100%	4h	0.07370	0.000%	$470K	$979K	20x	as long as short
Gate ME_USDT	+0.0100%	8h	0.07370	0.000%	$203K	$65K	50x	as long as short
MEXC ME_USDT	+0.0100%	4h	0.07373	+0.041%	$490K	$125K	20x	as long as short
KuCoin MEUSDTM	+0.0100%	4h	0.07385	+0.204%	$206K	$27K	30x	as long as short
Bitget MEUSDT	+0.0100%	4h	0.07373	+0.041%	$638K	$416K	25x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX ME-USDT	+0.0100%	4h	0.07373	+0.041%	—	$1.3M	—	as long as short
Variational Omni MEshort	+0.0100%	4h	0.07372	+0.029%	$11K	$1K	—
Reya MERUSDPERP	+0.0228%	1h	0.07370	−0.005%	$26K	—	15x	as long as short