Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 39.180 | +0.0421 | pay 0.0421% / 8h | 1h 54m | $1.3M | $367K | 25x | Long Bybit | |
| SHORT | 38.984 | +0.0195 | get 0.0195% / 8h | 1h 54m | $44K | $75K | 20x | Short Variational Omni+15% pts |
Price gap−0.501%
Funding gap−0.0226% /8h
Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.501% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3−0.0226% /8h now · paid +0.028% over the last 7D
Price—spread −0.501% now · no price history on both exchanges yet
Costs−$2632.625% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.028% in total, about +0.0014%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.501%
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
/8hASTS on 20 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size87.5 / 36.3 bpAt $10k entering Bybit costs 87.5 bp, fee and slippage, 2.4× Variational Omni’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$6.77Long Bybit: 3 payments, −$12.62; short Variational Omni: 3 payments, +$5.85.
- Note: No 7-day spread history−0.501%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$44K vs $1.3M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · Variational Omni NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0014%/8h × 21 periods+$2.94
Price spread−0.501% → 0−$50.09
Slippage, 4 orderslive order books−$251.51
Fee Bybit bp × 2 orders−$11.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$309.67
Costs to cover2.625%Break-even745.5 days
Slippage: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit11.5087.5 bp−$87189.0 bp−$1,890doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.9136.3 bp−$3664.7 bp−$647doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-20 17:04 | Variational Omni | Listing | AST SpaceMobile $ASTS perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-20 00:51 | Variational Omni | Listing | new market ASTS ($ASTS) seen by our collector |
| 10-13 16:30 | Vest Markets | Other | AST SpaceMobile is trading near a 52-week low, with $ASTS down around 9% on the session and erasing Monday's rebound. $SPCX is expanding its direct-to-cell ambitions, with last week's deal for Grain Management's 800 MHz spectrum, reportedly valued at around $8B. Piper Sandler moved $ASTS to Neutral from Overweight today, citing lower conviction in the pace of 2026-2027 satellite launches. @VestExchange on X ↗ |
| 10-12 14:54 | BingX | Other | More competition in orbit, more pressure on $ASTS🛰️ SpaceX’s spectrum deal and FCC approval are fueling fears of tougher competition. Get the full breakdown now 👇 @BingXOfficial on X ↗ |
| 10-12 13:30 | Vest Markets | Other | Trade $ASTS volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗ |
| 10-12 13:30 | Vest Markets | Other | $ASTS is up around 4.6% at the open, rebounding from a decline of around 10% on Friday. BlueBirds 14, 15 and 16 have reached Cape Canaveral, with satellite builds in Texas underway through BlueBird 50. No launch date has been set. The FCC also granted the company a 30-day authorization to test its 900-MHz radiolocation capabilities, running through Nov. 8. @VestExchange on X ↗ |


BingX