Funding you earn now, next payment 12:00 UTC+0.0112%/8h= +12.2% APRnext payment +$0.56 per $10,000 · paid last 24h +0.050%
Price spread now: Bybit against Variational Omni−0.062%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 pays, the price is against you. Bybit is 0.062% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 44 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni Q | 0.02562 | 0.0113 | pay 0.0057% / 4h | 3h 05m | $618 | $2K | — |
| Short | Bybit QUSDT | 0.02560 | 0.0225 | get 0.0112% / 4h | 3h 05m | $1.6M | $390K | 13x |
Variational Omni Q
Bybit QUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.44
- Price spread: −0.062% → 0.000%
- −$6.16
- 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
- $6.29
- Costs to cover
- 0.110%
- Break-even
- 5.1 days
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 3.90 bp | 68.9 bp −$69 | doesn't fit | doesn't fit | doesn'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.
Q on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate Q_USDT | +0.0100% | 4h | 0.02558 | −0.159% | $1.2M | $303K | 10x | as long as short |
| KuCoin QUSDTM | +0.0100% | 4h | 0.02557 | −0.190% | $681K | $17K | 20x | as long as short |
| Bitget QUSDT | +0.0100% | 4h | 0.02562 | +0.032% | $2.3M | $133K | 20x | as long as short |
| Variational Omni Qlong | +0.0113% | 4h | 0.02562 | long leg | $618 | $2K | — | |
| Bybit QUSDTshort | +0.0225% | 4h | 0.02560 | −0.062% | $1.6M | $390K | 13x | |
| Aster QUSDT | +0.0566% | 4h | 0.02562 | +0.012% | $59K | $45K | 5x | as long as short |
| BingX Q-USDT | +0.0740% | 4h | 0.02559 | −0.097% | — | $1.3M | — | as long as short |
| BloFin Q-USDT | +0.0764% | 4h | 0.02562 | +0.020% | $387K | $71K | 40x | as long as short |
| Extended Q-USD | +0.0784% | 1h | 0.02562 | +0.029% | $8K | $174K | 5x | as long as short |
| MEXC Q_USDT | +0.0784% | 4h | 0.02563 | +0.040% | $122K | $89K | 50x | as long as short |
Gate Q_USDT
KuCoin QUSDTM
Bitget QUSDT
Aster QUSDT
BingX Q-USDT
BloFin Q-USDT
Extended Q-USD
MEXC Q_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance QUSDT | +0.0786% | 4h | 0.02563 | +0.038% | $7.1M | $1.3M | 20x | as long as short |
Binance QUSDT