Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment −$1.46 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Variational Omni+0.200%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Bybit is 0.200% dearer against Variational Omni than usual: you sell high and buy low (spread +0.200% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SKL | 0.004573 | 0.0047 | pay 0.0047% / 8h | 9m 08s | $703 | $1K | — |
| Short | Bybit SKLUSDT | 0.004582 | −0.0100 | pay 0.0100% / 8h | 9m 08s | $881K | $1.1M | 25x |
Funding 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
- −$30.75
- Price spread: +0.200% → 0.000%
- $20.04
- 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
- −$21.71
- Costs to cover
- 0.110%
- Break-even
- from the start
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 | 4.37 bp | 55.9 bp −$56 | 288.2 bp −$2,882 | 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.
SKL 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKLUSDTshort | −0.0100% | 8h | 0.004582 | +0.200% | $881K | $1.1M | 25x | |
| Variational Omni SKLlong | +0.0047% | 8h | 0.004573 | long leg | $703 | $1K | — | |
| Bitget SKLUSDT | +0.0064% | 4h | 0.004580 | +0.157% | $502K | $1.0M | 25x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004580 | +0.157% | $2.8M | $9.6M | 50x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004580 | +0.157% | $208K | $245K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004578 | +0.113% | $385K | $212K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004579 | +0.135% | $834K | $369K | 30x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004579 | +0.135% | — | $2.4M | — | as long as short |
| BloFin SKL-USDT | +0.0132% | 4h | 0.004571 | −0.040% | $182K | $44K | 50x | as long as short |
| Kraken Futures PF_SKLUSD | +0.0357% | 1h | 0.004587 | +0.307% | $5K | $6K | 10x | as long as short |
Variational Omni SKL
Bybit SKLUSDT
Bitget SKLUSDT
Binance SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
BloFin SKL-USDT
Kraken Futures PF_SKLUSD