Settings8H · net · $10k
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG259.4200.0000% / 8h4h 57m$31K$68K20xLong Variational Omni+15% pts
SHORT260.8800.0000% / 8h4h 57m$1.1M$49K25xShort Bybit
Price gap+0.563%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$56 on $10k if the gap goes back to zero (no 7-day history yet).

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$250.0000% /8h now · paid +0.246% over the last 7D
Price—spread +0.563% now · no price history on both exchanges yet
Costs−$3203.204% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.563%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APP on 14 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size60.2 / 98.6 bp
    At $10k entering Bybit costs 98.6 bp, fee and slippage, 1.6× Variational Omni’s.
  • Note: Margin at max leverage$500 + $400
    Variational Omni 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
  • Note: No 7-day spread history+0.563%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$31K vs $1.1M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0117%/8h × 21 periods+$24.60
Price spread+0.563% → 0+$56.27
Slippage, 4 orderslive order books−$309.35
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$239.49
Costs to cover3.204%Break-even75.2 days
Slippage: Variational Omni: RFQ quote, 16 min ago; Bybit: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni8.2660.2 bp−$60112.2 bp−$1,122doesn’t fitdoesn’t fit
SELL · SHORTBybit3.6598.6 bp−$99238.9 bp−$2,389doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

APP news

posts that mention APP or AppLovin, from every exchangeSearch all news →
10-15 19:35Variational OmniListingApplovin $APP perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
10-15 14:54Variational OmniListingnew market APP ($APP) seen by our collector
10-12 09:00KuCoinListingnew market APPUSDTM ($APP) seen by our collector
10-02 14:17ParadexOtherMOBILE APP we're the only options DEX with a great mobile experience! and it will only get better with mobile V2 @paradex on X ↗
09-28 16:43AvantisOther1/ AI infra and semis $SNPS $CDNS $KLAC $LRCX $TER $TXN $ADI $NXPI $MCHP $MPWR $ALAB $APP $CEG All the picks-and-shovels of AI: chip design, fab tools, and the power that runs the racks @verantaxyz on X ↗
09-28 10:22BloFinListingnew market APP-USDT ($APP) seen by our collector