Funding you earn now, next payment 04:00 UTC−0.0445%/8h= −48.7% APRnext payment −$2.22 per $10,000 · paid last 24h −0.075%
Price spread now: Variational Omni against Bybit−0.103%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.103% cheaper against Bybit than usual: you would sell low and buy high (−$10 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 TUSDT | 0.005128 | −0.0046 | get 0.0023% / 4h | 2h 55m | $1.6M | $1.6M | 25x |
| Short | Variational Omni T | 0.005123 | −0.0491 | pay 0.0246% / 4h | 2h 55m | $8K | $9K | — |
Bybit TUSDT
Variational Omni TFunding 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
- −$93.41
- Price spread: −0.103% → 0.000%
- −$10.32
- 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
- −$114.74
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 3.91 bp | 39.9 bp −$40 | 472.2 bp −$4,722 | 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.
T 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSD | −0.2934% | 1h | 0.005126 | −0.047% | $2K | $2K | 10x | as long as short |
| KuCoin TUSDTM | −0.0562% | 4h | 0.005133 | +0.098% | $1.3M | $81K | 12x | as long as short |
| Gate T_USDT | −0.0540% | 4h | 0.005136 | +0.156% | $212K | $84K | 20x | as long as short |
| Binance TUSDT | −0.0515% | 4h | 0.005131 | +0.059% | $3.3M | $8.1M | 50x | as long as short |
| MEXC T_USDT | −0.0514% | 4h | 0.005129 | +0.020% | $3.1M | $228K | 20x | as long as short |
| Variational Omni Tshort | −0.0491% | 4h | 0.005123 | −0.103% | $8K | $9K | — | |
| Bitget TUSDT | −0.0340% | 4h | 0.005133 | +0.098% | $885K | $584K | 50x | as long as short |
| Bybit TUSDTlong | −0.0046% | 4h | 0.005128 | long leg | $1.6M | $1.6M | 25x |
Kraken Futures PF_TUSD
KuCoin TUSDTM
Gate T_USDT
Binance TUSDT
MEXC T_USDT
Bitget TUSDT