Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.48 per $10,000 · paid last 24h −0.008%
Price spread now: Bybit against Variational Omni−0.074%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 −$1 a day on $10k at the current rate, and Bybit is 0.074% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 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 WAVES | 0.2807 | 0.0377 | pay 0.0377% / 8h | 2h 41m | $275 | $2K | — |
| Short | Bybit WAVESUSDT | 0.2805 | 0.0329 | get 0.0329% / 8h | 2h 41m | $1.6M | $1.5M | 20x |
Variational Omni WAVES
Bybit WAVESUSDTFunding 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
- −$10.07
- Price spread: −0.074% → 0.000%
- −$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
- −$28.42
- Costs to cover
- 0.110%
- Break-even
- never at this rate
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 | 3.55 bp | 47.5 bp −$47 | 192.5 bp −$1,925 | 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.
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 | 0.2819 | +0.425% | $361K | $35K | 20x | as long as short |
| BingX WAVES-USDT | +0.0324% | 8h | 0.2807 | −0.002% | — | $1.3M | — | as long as short |
| MEXC WAVES_USDT | +0.0328% | 8h | 0.2809 | +0.069% | $469K | $127K | 20x | as long as short |
| Bybit WAVESUSDTshort | +0.0329% | 8h | 0.2805 | −0.074% | $1.6M | $1.5M | 20x | |
| BloFin WAVES-USDT | +0.0335% | 8h | 0.2810 | +0.105% | $90K | $23K | 20x | as long as short |
| Variational Omni WAVESlong | +0.0377% | 8h | 0.2807 | long leg | $275 | $2K | — |
KuCoin WAVESUSDTM
BingX WAVES-USDT
MEXC WAVES_USDT
BloFin WAVES-USDT