NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.1% APRnext payment −$1.28 per $10,000 · paid last 24h −0.175%

Price spread now: Variational Omni against Bybit−0.499%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 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 −$8 a day on $10k at the current rate, and Variational Omni is 0.499% cheaper against Bybit than usual: you would sell low and buy high (−$50 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	Bybit NOTUSDT	0.0005047	0.0100	pay 0.0050% / 4h	1h 55m	$2.1M	$802K	25x
Short	Variational Omni NOT	0.0005022	−0.0156	pay 0.0078% / 4h	1h 55m	$66K	$34K	—

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 −0.499%Rate

Funding earned: −$53.81
Price spread: −0.499% → 0.000%: −$49.88
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: −$114.69
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 1 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, 1 min ago	3.97 bp	30.5 bp −$31	138.0 bp −$1,380	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.

NOT on 16 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
Variational Omni NOTshort	−0.0156%	4h	0.0005022	−0.499%	$66K	$34K	—
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−3.428%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0041%	4h	0.0005034	−0.258%	$111K	$17K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005063	+0.315%	$11K	$5K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005050	+0.059%	$369K	$51K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005049	+0.044%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005052	+0.099%	$2.1M	$3.0M	50x	as long as short
Bybit NOTUSDTlong	+0.0100%	4h	0.0005047	long leg	$2.1M	$802K	25x
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005054	+0.139%	$612K	$578K	20x	as long as short
Gate NOT_USDT	+0.0100%	4h	0.0005047	0.000%	$140K	$78K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC NOT_USDT	+0.0100%	4h	0.0005053	+0.119%	$1.3M	$454K	200x	as long as short
KuCoin NOTUSDTM	+0.0100%	4h	0.0005044	−0.059%	$493K	$118K	50x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005050	+0.059%	$664K	$383K	50x	as long as short
BingX NOT-USDT	+0.0100%	4h	0.0005050	+0.059%	—	$7.5M	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005054	+0.140%	$4K	$1K	5x	as long as short
Kraken Futures PF_NOTUSD	+0.6150%	1h	0.0005082	+0.697%	$49K	$9K	10x	as long as short