Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02001 | +0.0100 | pay 0.0050% / 4h | 59m 06s | $58K | $4K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.02004 | +0.0068 | get 0.0034% / 4h | 59m 06s | $1.9M | $1.3M | 50x | Short Bybit |
Price gap+0.143%
Funding gap−0.0032% /8h
The gap pays +$14 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 15 days. At the last 7 days' pace that is about 5.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$18−0.0032% /8h now · paid −0.180% over the last 7D
Price—spread +0.143% now · no price history on both exchanges yet
Costs−$2742.741% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.143%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSENT on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size102.4 / 35.2 bpAt $10k entering Variational Omni costs 102.4 bp, fee and slippage, 2.9× Bybit’s.
- Note: Margin at max leverage$200 + $200Variational Omni 50x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.96Long Variational Omni: 6 payments, −$3.00; short Bybit: 6 payments, +$2.04.
- Note: No 7-day spread history+0.143%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$58K vs $1.9M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0086%/8h × 21 periods−$17.99
Price spread+0.143% → 0+$14.30
Slippage, 4 orderslive order books−$263.13
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$277.83
Costs to cover2.741%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 14 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni7.49102.4 bp−$102187.3 bp−$1,873doesn’t fitdoesn’t fit
SELL · SHORTBybit3.9935.2 bp−$35185.0 bp−$1,850doesn’t fitdoesn’t fit
Closing costs about the same again.

