Funding you earn now, next payment 04:00 UTC−0.0199%/8h= −21.8% APRnext payment −$1.00 per $10,000 · paid last 24h −0.012%
Price spread now: Bybit against Variational Omni+1.100%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 1.100% dearer against Variational Omni than usual: you sell high and buy low (spread +1.100% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SONIC | 0.02627 | 0.0299 | pay 0.0150% / 4h | 3h 43m | $3K | $2K | — |
| Short | Bybit SONICUSDT | 0.02656 | 0.0100 | get 0.0050% / 4h | 3h 43m | $1.0M | $879K | 25x |
Variational Omni SONIC
Bybit SONICUSDTFunding 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
- −$41.85
- Price spread: +1.100% → 0.000%
- $110.03
- 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
- $57.18
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 2 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, 2 min ago | 5.68 bp | 63.8 bp −$64 | 350.8 bp −$3,508 | 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.
SONIC on 8 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 SONICUSDTshort | +0.0100% | 4h | 0.02656 | +1.100% | $1.0M | $879K | 25x | |
| Gate SONIC_USDT | +0.0100% | 4h | 0.02644 | +0.644% | $128K | $90K | 25x | as long as short |
| Variational Omni SONIClong | +0.0299% | 4h | 0.02627 | long leg | $3K | $2K | — | |
| Bitget SONICUSDT | +0.0802% | 4h | 0.02657 | +1.138% | $407K | $382K | 10x | as long as short |
| KuCoin SONICUSDTM | +0.1266% | 4h | 0.02648 | +0.796% | $491K | $24K | 10x | as long as short |
| MEXC SONIC_USDT | +0.1358% | 4h | 0.02659 | +1.215% | $859K | $128K | 50x | as long as short |
| Binance SONICUSDT | +0.1358% | 4h | 0.02660 | +1.253% | $1.4M | $2.0M | 10x | as long as short |
| BloFin SONIC-USDT | +0.1380% | 4h | 0.02643 | +0.606% | $128K | $2K | 10x | as long as short |
Gate SONIC_USDT
Bitget SONICUSDT
KuCoin SONICUSDTM
MEXC SONIC_USDT
Binance SONICUSDT
BloFin SONIC-USDT