Funding you earn now, next payment 08:00 UTC−0.0462%/8h= −50.6% APRnext payment −$2.31 per $10,000 · paid last 24h −0.002%
Price spread now: Variational Omni against Bybit−0.294%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
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Variational Omni is 0.294% cheaper against Bybit than usual: you would sell low and buy high (−$29 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 SHELLUSDT | 0.02701 | 0.0562 | pay 0.0281% / 4h | 1h 49m | $509K | $216K | 13x |
| Short | Variational Omni SHELL | 0.02693 | 0.0100 | get 0.0050% / 4h | 1h 49m | $1K | $1K | — |
Bybit SHELLUSDT
Variational Omni SHELLFunding 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
- −$97.09
- Price spread: −0.294% → 0.000%
- −$29.41
- 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
- −$137.5
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 51 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, 51 min ago | 9.20 bp | 128.3 bp −$128 | doesn't fit | 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.
SHELL on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SHELLUSDT | +0.0100% | 4h | 0.02699 | −0.074% | $1K | $10K | 5x | as long as short |
| OKX SHELL-USDT-SWAP | +0.0100% | 4h | 0.02711 | +0.370% | $171K | $462K | 10x | as long as short |
| Gate SHELL_USDT | +0.0100% | 4h | 0.02708 | +0.259% | $411K | $207K | 10x | as long as short |
| KuCoin SHELLUSDTM | +0.0100% | 4h | 0.02704 | +0.111% | $342K | $35K | 10x | as long as short |
| Variational Omni SHELLshort | +0.0100% | 4h | 0.02693 | −0.294% | $1K | $1K | — | |
| MEXC SHELL_USDT | +0.0126% | 4h | 0.02700 | −0.037% | $280K | $143K | 50x | as long as short |
| Binance SHELLUSDT | +0.0127% | 4h | 0.02702 | +0.052% | $2.1M | $2.9M | 10x | as long as short |
| Bybit SHELLUSDTlong | +0.0562% | 4h | 0.02701 | long leg | $509K | $216K | 13x | |
| BingX SHELL-USDT | +0.1130% | 4h | 0.02705 | +0.148% | — | $6.5M | — | as long as short |
| Bitget SHELLUSDT | +0.1220% | 4h | 0.02706 | +0.185% | $568K | $247K | 10x | as long as short |
Aster SHELLUSDT
OKX SHELL-USDT-SWAP
Gate SHELL_USDT
KuCoin SHELLUSDTM
MEXC SHELL_USDT
Binance SHELLUSDT
BingX SHELL-USDT
Bitget SHELLUSDT