Funding you earn now, next payment 08:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.058%
Price spread now: Bybit against Variational Omni−0.196%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$11 a day on $10k at the current rate, and Bybit is 0.196% cheaper against Variational Omni than usual: you would sell low and buy high (−$20 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 | Variational Omni WAL | 0.03500 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $22K | $11K | — |
| Short | Bybit WALUSDT | 0.03493 | −0.0266 | pay 0.0133% / 4h | 3h 09m | $1.5M | $1.9M | 25x |
Funding 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
- −$76.88
- Price spread: −0.196% → 0.000%
- −$19.58
- 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
- −$107.46
- Costs to cover
- 0.110%
- Break-even
- never at this rate
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 | 4.28 bp | 45.8 bp −$46 | 331.9 bp −$3,319 | 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.
WAL on 10 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 WALUSDTshort | −0.0266% | 4h | 0.03493 | −0.196% | $1.5M | $1.9M | 25x | |
| OKX WAL-USDT-SWAP | +0.0090% | 4h | 0.03489 | −0.310% | $223K | $1.1M | 10x | as long as short |
| Binance WALUSDT | +0.0100% | 4h | 0.03489 | −0.310% | $2.4M | $7.1M | 75x | as long as short |
| Gate WAL_USDT | +0.0100% | 4h | 0.03493 | −0.196% | $300K | $589K | 50x | as long as short |
| MEXC WAL_USDT | +0.0100% | 4h | 0.03488 | −0.339% | $601K | $312K | 20x | as long as short |
| KuCoin WALUSDTM | +0.0100% | 4h | 0.03489 | −0.310% | $331K | $60K | 30x | as long as short |
| Bitget WALUSDT | +0.0100% | 4h | 0.03498 | −0.053% | $599K | $971K | 20x | as long as short |
| BingX WAL-USDT | +0.0100% | 4h | 0.03493 | −0.196% | — | $6.6M | — | as long as short |
| Variational Omni WALlong | +0.0100% | 4h | 0.03500 | long leg | $22K | $11K | — | |
| Bluefin WAL-PERP | +0.0100% | 1h | 0.03493 | −0.196% | $31K | $650K | 20x | as long as short |
Variational Omni WAL
Bybit WALUSDT
OKX WAL-USDT-SWAP
Binance WALUSDT
Gate WAL_USDT
MEXC WAL_USDT
KuCoin WALUSDTM
Bitget WALUSDT
BingX WAL-USDT
Bluefin WAL-PERP