Funding you earn now, next payment 04:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.76 per $10,000 · paid last 24h +0.073%
Price spread now: Bybit against Variational Omni+0.049%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
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.049% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni T | 0.005198 | −0.0385 | get 0.0192% / 4h | 56m 12s | $8K | $9K | — |
| Short | Bybit TUSDT | 0.005201 | −0.0232 | pay 0.0116% / 4h | 56m 12s | $1.6M | $1.5M | 25x |
Variational Omni T
Bybit TUSDTFunding 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
- $32.1
- Price spread: +0.049% → 0.000%
- $4.94
- 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
- $26.04
- Costs to cover
- 0.110%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 5 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, 5 min ago | 2.88 bp | 33.5 bp −$33 | 238.4 bp −$2,384 | 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.
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 | −0.2542% | 1h | 0.005198 | −0.016% | $2K | $2K | 10x | as long as short |
| Variational Omni Tlong | −0.0385% | 4h | 0.005198 | long leg | $8K | $9K | — | |
| Gate T_USDT | −0.0366% | 4h | 0.005206 | +0.146% | $215K | $81K | 20x | as long as short |
| KuCoin TUSDTM | −0.0344% | 4h | 0.005199 | +0.011% | $1.4M | $82K | 12x | as long as short |
| Bybit TUSDTshort | −0.0232% | 4h | 0.005201 | +0.049% | $1.6M | $1.5M | 25x | |
| Bitget TUSDT | −0.0152% | 4h | 0.005197 | −0.028% | $881K | $501K | 50x | as long as short |
| Binance TUSDT | −0.0063% | 4h | 0.005207 | +0.167% | $3.3M | $7.4M | 50x | as long as short |
| MEXC T_USDT | −0.0062% | 4h | 0.005206 | +0.146% | $3.1M | $204K | 20x | as long as short |
Kraken Futures PF_TUSD
Gate T_USDT
KuCoin TUSDTM
Bitget TUSDT
Binance TUSDT
MEXC T_USDT