Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3079 | +0.0100 | pay 0.0050% / 4h | 8m 05s | $516K | $154K | 5x | Long Bybit | |
| SHORT | 0.3083 | +0.0100 | get 0.0050% / 4h | 8m 05s | $28K | — | 50x | Short Variational Omni+15% pts |
Price gap+0.130%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$13 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price—spread +0.130% now · no price history on both exchanges yet
Costs−$8188.183% 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+0.130%
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
/8hSOSO on 2 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size49.6 / 394.5 bpAt $10k entering Variational Omni costs 394.5 bp, fee and slippage, 8.0× Bybit’s.
- Note: Margin at max leverage$2,000 + $200Bybit 5x, Variational Omni 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: $0.00Long Bybit: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- Note: No 7-day spread history+0.130%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$28K vs $516K 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: KYCBybit Yes · Variational Omni NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.130% → 0+$12.99
Slippage, 4 orderslive order books−$807.33
Fee Bybit bp × 2 orders−$11.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$805.34
Costs to cover8.183%Break-evennever at this rate
Slippage: Bybit: live order book, 32 min ago; Variational Omni: RFQ quote, 36 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit4.8949.6 bp−$50doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni8.15394.5 bp−$394751.4 bp−$7,514doesn’t fitdoesn’t fit
Closing costs about the same again.

