Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.053%
Price spread now: Bybit against Variational Omni+0.087%7-day average +0.013% · 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)+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)−1.191%−$119 · spread now +0.087%, 7d avg +0.013%
=Together, before fees−1.066%+ Points / potential airdropVariational Omni: Active · farm board−$107 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% dearer against Variational Omni than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPX | 0.5062 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $875K | $1.4M | — |
| Short | Bybit SPXUSDT | 0.5066 | 0.0100 | get 0.0050% / 4h | 1h 45m | $11.5M | $16.1M | 50x |
Variational Omni SPX
Bybit SPXUSDTFunding 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
- $0
- Price spread: +0.087% → +0.013%
- $7.36
- 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
- −$3.64
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bybit: live order book, 3 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 RFQ quote, 4 min ago | 8.89 bp | doesn't fit | 72.1 bp −$721 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.97 bp | 16.7 bp −$17 | 53.8 bp −$538 | doesn't fit | doesn't fit |
SPX on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SPX/USDC PERP | +0.0033% | 1h | 0.4979 | −1.632% | $9 | $4K | 5.5x | as long as short |
| Lighter SPX | +0.0096% | 1h | 0.5070 | +0.172% | $136K | $359K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5080 | +0.363% | $10.2M | $7.4M | 5x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5068 | +0.122% | $5.1M | $21.0M | 75x | as long as short |
| Bybit SPXUSDTshort | +0.0100% | 4h | 0.5066 | +0.087% | $11.5M | $16.1M | 50x | |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5071 | +0.185% | $947K | $2.9M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5059 | −0.052% | $1.0M | $553K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5075 | +0.264% | $11.6M | $4.7M | 100x | as long as short |
| KuCoin SPXUSDTM | +0.0100% | 4h | 0.5067 | +0.106% | $3.7M | $5.3M | 50x | as long as short |
| Bitget SPXUSDT | +0.0100% | 4h | 0.5073 | +0.225% | $2.7M | $1.4M | 50x | as long as short |
Injective SPX/USDC PERP
Lighter SPX
Hyperliquid SPX
Binance SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDT
KuCoin SPXUSDTM
Bitget SPXUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SPX-USDT | +0.0100% | 4h | 0.5066 | +0.087% | — | $6.9M | — | as long as short |
| Variational Omni SPXlong | +0.0100% | 4h | 0.5062 | long leg | $875K | $1.4M | — | |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5073 | +0.225% | $45K | $243K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5054 | −0.150% | $8K | $1.6M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5072 | +0.209% | $34K | $251K | 10x | as long as short |
| Aster SPXUSDT | +0.0124% | 4h | 0.5063 | +0.030% | $129K | $111K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0141% | 4h | 0.5069 | +0.146% | $20K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5069 | +0.146% | — | $1.1M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1421% | 1h | 0.5076 | +0.292% | $251K | $541K | 20x | as long as short |
BingX SPX-USDT
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Aster SPXUSDT
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD