Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit−0.200%7-day average — · 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)—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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.200% cheaper against Bybit than usual: you would sell low and buy high, −$20 on $10k if it 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 ORDIUSDT | 4.8460 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $4.1M | $4.1M | 50x |
| Short | Variational Omni ORDI | 4.8363 | 0.0100 | get 0.0050% / 4h | 2h 30m | $24K | $56K | — |
Bybit ORDIUSDT
Variational Omni ORDIFunding 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
- $0
- Price spread: −0.200% → 0.000%
- −$19.95
- 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
- −$30.95
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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, 2 min ago | 3.10 bp | 29.3 bp −$29 | 81.0 bp −$810 | 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.
ORDI on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ORDI-USD | 0.0000% | 1h | 4.8393 | −0.138% | $33K | $651 | 5x | as long as short |
| Injective ORDI/USDC PERP | +0.0033% | 1h | 4.5550 | −6.005% | $776 | $20K | 5.5x | as long as short |
| Gate ORDI_USDT | +0.0074% | 4h | 4.8430 | −0.062% | $1.2M | $2.7M | 50x | as long as short |
| Hyperliquid ORDI | +0.0100% | 1h | 4.8552 | +0.190% | $707K | $644K | 3x | as long as short |
| Aster ORDIUSDT | +0.0100% | 4h | 4.8472 | +0.024% | $4K | $414K | 5x | as long as short |
| Binance ORDIUSDT | +0.0100% | 4h | 4.8515 | +0.113% | $9.8M | $30.6M | 50x | as long as short |
| Bybit ORDIUSDTlong | +0.0100% | 4h | 4.8460 | long leg | $4.1M | $4.1M | 50x | |
| OKX ORDI-USDT-SWAP | +0.0100% | 4h | 4.8480 | +0.041% | $5.3M | $16.1M | 20x | as long as short |
| MEXC ORDI_USDT | +0.0100% | 4h | 4.8500 | +0.083% | $7.1M | $3.3M | 200x | as long as short |
| KuCoin ORDIUSDTM | +0.0100% | 4h | 4.8454 | −0.012% | $926K | $823K | 50x | as long as short |
dYdX ORDI-USD
Injective ORDI/USDC PERP
Gate ORDI_USDT
Hyperliquid ORDI
Aster ORDIUSDT
Binance ORDIUSDT
OKX ORDI-USDT-SWAP
MEXC ORDI_USDT
KuCoin ORDIUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORDIUSDT | +0.0100% | 4h | 4.8480 | +0.041% | $2.8M | $2.9M | 50x | as long as short |
| BingX ORDI-USDC | +0.0100% | 4h | 4.8470 | +0.021% | — | $2.3M | — | as long as short |
| Variational Omni ORDIshort | +0.0100% | 4h | 4.8363 | −0.200% | $24K | $56K | — | |
| SunX ORDI-USDT | +0.0100% | 4h | 4.8350 | −0.227% | $1K | $1.2M | 20x | as long as short |
| HTX ORDI-USDT | +0.0100% | 4h | 4.8390 | −0.144% | $88K | $362K | 75x | as long as short |
| Extended ORDI-USD | +0.0104% | 1h | 4.8501 | +0.084% | $4K | $172K | 5x | as long as short |
| BloFin ORDI-USDT | +0.0115% | 4h | 4.8490 | +0.062% | $602K | $297K | 75x | as long as short |
| GMX ORDI/USD [WBTC.b-USDC] | L +0.0238% / S −0.3359% | 1h | 4.8468 | +0.017% | $8K | — | 100x | as long as short |
| Kraken Futures PF_ORDIUSD | +0.2502% | 1h | 4.8627 | +0.345% | $66K | $42K | 25x | as long as short |
Bitget ORDIUSDT
BingX ORDI-USDC
SunX ORDI-USDT
HTX ORDI-USDT
Extended ORDI-USD
BloFin ORDI-USDT
GMX ORDI/USD [WBTC.b-USDC]
Kraken Futures PF_ORDIUSD