Funding arb · Price arb /

WIF

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: Variational Omni against Bybit+0.586%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.586% dearer against Bybit than usual: you sell high and buy low, +$59 on $10k if it 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	Bybit WIFUSDT	0.2566	0.0100	pay 0.0050% / 4h	3h 31m	$17.6M	$42.5M	50x
Short	Variational Omni WIF	0.2581	0.0100	get 0.0050% / 4h	3h 31m	$107K	$126K	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now +0.586%Rate

Funding earned: $0
Price spread: +0.586% → 0.000%: $58.65
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: $47.65
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 7 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 Bybit live order book, 2 min ago	3.89 bp	14.9 bp −$15	33.4 bp −$334	137.5 bp −$13.8K	doesn't fit
Sell Variational Omni RFQ quote, 7 min ago	7.84 bp	doesn't fit	23.5 bp −$235	doesn't fit	doesn't fit

WIF on 32 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
BloFin WIF-USDT	−0.0194%	4h	0.2573	+0.273%	$1.1M	$916K	75x	as long as short
dYdX WIF-USD	0.0000%	1h	0.2568	+0.060%	$14K	$597	10x	as long as short
gTrade (Gains Network) WIF/USD	L +0.0002% / S −0.0001%	1h	0.2571	+0.205%	—	—	150x	as long as short
Injective WIF/USDC PERP	+0.0033%	1h	0.2555	−0.429%	$11K	$10K	12x	as long as short
Lighter WIF	+0.0096%	1h	0.2571	+0.191%	$147K	$652K	10x	as long as short
Popdex WIFUSDT	+0.0096%	1h	0.2572	+0.234%	$52K	$562K	20x	as long as short
Aster WIFUSDT	+0.0100%	4h	0.2569	+0.122%	$45K	$310K	10x	as long as short
Pacifica WIF	+0.0100%	1h	0.2568	+0.084%	$79K	$64K	5x	as long as short
Binance WIFUSDT	+0.0100%	4h	0.2569	+0.115%	$20.5M	$127.2M	75x	as long as short
Bybit WIFUSDTlong	+0.0100%	4h	0.2566	long leg	$17.6M	$42.5M	50x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX WIF-USDT-SWAP	+0.0100%	4h	0.2567	+0.039%	$6.2M	$39.1M	50x	as long as short
Gate WIF_USDT	+0.0100%	4h	0.2568	+0.078%	$1.2M	$8.2M	50x	as long as short
MEXC WIF_USDT	+0.0100%	4h	0.2568	+0.078%	$23.6M	$11.6M	50x	as long as short
KuCoin WIFUSDTM	+0.0100%	4h	0.2568	+0.078%	$4.4M	$15.2M	75x	as long as short
Bitget WIFUSDT	+0.0100%	4h	0.2570	+0.156%	$7.9M	$14.3M	50x	as long as short
BingX WIF-USDT	+0.0100%	4h	0.2570	+0.156%	—	$23.9M	—	as long as short
Backpack WIF_USDC_PERP	+0.0100%	1h	0.2563	−0.101%	$79K	$303K	10x	as long as short
Variational Omni WIFshort	+0.0100%	4h	0.2581	+0.586%	$107K	$126K	—
GRVT WIF_USDT_Perp	+0.0100%	4h	0.2572	+0.228%	$285K	$2.5M	10x	as long as short
ApeX Omni WIFUSDT	+0.0100%	1h	0.2572	+0.234%	$47K	$624K	25x	as long as short
Orderly PERP_WIF_USDC	+0.0100%	4h	0.2571	+0.195%	$5K	$1.2M	10x	as long as short
SunX WIF-USDT	+0.0100%	4h	0.2569	+0.117%	$2K	$2.9M	50x	as long as short
SoDEX WIF-USD	+0.0100%	1h	0.2566	+0.019%	$600	$5K	5x	as long as short
HTX WIF-USDT	+0.0100%	4h	0.2567	+0.039%	$167K	$729K	75x	as long as short
Extended WIF-USD	+0.0104%	1h	0.2570	+0.146%	$12K	$155K	25x	as long as short
Aevo WIF-PERP	+0.0104%	1h	0.2569	+0.097%	$86K	$85	3x	as long as short
GMX WIF/USD [WBTC.b-USDC]	L +0.0117% / S −0.0001%	1h	0.2571	+0.187%	$8K	—	100x	as long as short
Deribit WIF_USDC-PERPETUAL	+0.0139%	1h	0.2573	+0.273%	$40K	$263K	25x	as long as short
Coinbase International WIF-PERP-INTX	+0.0352%	1h	0.2570	+0.156%	$347K	$3.0M	50x	as long as short
Kraken Futures PF_WIFUSD	+0.0358%	1h	0.2566	−0.012%	$672K	$2.4M	50x	as long as short
Hyperliquid WIF	+0.0495%	1h	0.2574	+0.330%	$8.5M	$5.2M	5x	as long as short
Reya WIFRUSDPERP	+0.0558%	1h	0.2570	+0.158%	$1	—	15x	as long as short