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

O

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0403%/8h= −44.2% APRnext payment $2.02 per $10,000 · paid last 24h −0.060%
Price spread now: Variational Omni against Bybit−0.160%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 4 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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.160% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OUSDT0.56080.0503pay 0.0252% / 4h59m 09s$735K$979K20x
ShortVariational Omni O0.55990.0100get 0.0050% / 4h59m 09s$3K$518

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

Funding earned
−$84.68
Price spread: −0.160% → 0.000%
−$16.01
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
−$111.7
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 41 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 41 min ago2.70 bp315.9 bp −$316doesn't fitdoesn't fitdoesn'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.

O 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
Aster OUSDT+0.0100%4h0.5604−0.071%$20K$53K3xas long as short
Binance OUSDT+0.0100%4h0.5599−0.160%$4.7M$2.2M10xas long as short
Gate O_USDT+0.0100%4h0.5597−0.196%$1.5M$601K20xas long as short
Bitget OUSDT+0.0100%4h0.5600−0.143%$1.6M$364K10xas long as short
Variational Omni Oshort+0.0100%4h0.5599−0.160%$3K$518
KuCoin OUSDTM+0.0232%4h0.5598−0.178%$1.3M$635K20xas long as short
BloFin O-USDT+0.0456%4h0.5610+0.036%$241K$6K20xas long as short
Bybit OUSDTlong+0.0503%4h0.5608long leg$735K$979K20x
BingX O-USDT+0.0650%4h0.5596−0.214%$1.6Mas long as short
OKX O-USDT-SWAP+0.0651%4h0.5589−0.339%$1.5M$1.2M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC O_USDT+0.0660%4h0.5601−0.125%$961K$165K50xas long as short