Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h −0.029%
Price spread now: Bybit against Variational Omni+0.239%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
The price spread pays, funding is against you. Bybit is 0.239% dearer against Variational Omni than usual: you sell high and buy low (spread +0.239% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ZRX | 0.1190 | 0.0100 | pay 0.0100% / 8h | 2h 40m | $29K | $35K | — |
| Short | Bybit ZRXUSDT | 0.1193 | −0.0038 | pay 0.0038% / 8h | 2h 40m | $1.4M | $370K | 25x |
Variational Omni ZRX
Bybit ZRXUSDTFunding 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
- −$29.03
- Price spread: +0.239% → 0.000%
- $23.9
- 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
- −$16.12
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 1 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, 1 min ago | 2.10 bp | 43.9 bp −$44 | doesn't fit | 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.
ZRX on 11 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 ZRXUSDTshort | −0.0038% | 8h | 0.1193 | +0.239% | $1.4M | $370K | 25x | |
| BloFin ZRX-USDT | +0.0082% | 4h | 0.1188 | −0.148% | $95K | $19K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1193 | +0.273% | $1.8M | $1.2M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1194 | +0.332% | $533K | $235K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1191 | +0.105% | $146K | $40K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1193 | +0.273% | $904K | $157K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1192 | +0.189% | $331K | $57K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1192 | +0.189% | $580K | $192K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1192 | +0.189% | — | $2.3M | — | as long as short |
| Variational Omni ZRXlong | +0.0100% | 8h | 0.1190 | long leg | $29K | $35K | — |
BloFin ZRX-USDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0363% | 1h | 0.1196 | +0.555% | $40K | $3K | 10x | as long as short |
Kraken Futures PF_ZRXUSD