Funding you earn now, next payment 16:00 UTC−0.0444%/8h= −48.7% APRnext payment −$4.44 per $10,000 · paid last 24h +0.017%
Price spread now: Variational Omni against Bybit+0.107%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Variational Omni is 0.107% dearer against Bybit than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit WAVESUSDT | 0.2826 | 0.0731 | pay 0.0731% / 8h | 7h 40m | $1.6M | $1.3M | 20x |
| Short | Variational Omni WAVES | 0.2829 | 0.0286 | get 0.0286% / 8h | 7h 40m | $689 | $2K | — |
Bybit WAVESUSDT
Variational Omni WAVESFunding 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
- −$93.34
- Price spread: +0.107% → 0.000%
- $10.73
- 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
- −$93.61
- 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 | 8.84 bp | 60.6 bp −$61 | 207.6 bp −$2,076 | 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.
WAVES on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2824 | −0.071% | $356K | $34K | 20x | as long as short |
| Variational Omni WAVESshort | +0.0286% | 8h | 0.2829 | +0.107% | $689 | $2K | — | |
| Bybit WAVESUSDTlong | +0.0731% | 8h | 0.2826 | long leg | $1.6M | $1.3M | 20x | |
| BingX WAVES-USDT | +0.0752% | 8h | 0.2830 | +0.142% | — | $1.3M | — | as long as short |
| BloFin WAVES-USDT | +0.0845% | 8h | 0.2828 | +0.071% | $90K | $22K | 20x | as long as short |
| MEXC WAVES_USDT | +0.0867% | 8h | 0.2826 | 0.000% | $470K | $120K | 20x | as long as short |
KuCoin WAVESUSDTM
BingX WAVES-USDT
BloFin WAVES-USDT
MEXC WAVES_USDT