Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 715.03 | 0 | 0.0000% / 8h | 3h 14m | $43K | $123K | 20x | Long Variational Omni+15% pts | |
| SHORT | 717.54 | 0 | 0.0000% / 8h | 3h 14m | $204K | $61K | 25x | Short Bybit |
Price gap+0.351%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$14 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$350.0000% /8h now · paid −0.353% over the last 7D
Price+$14spread +0.351% now, avg +0.208% → +0.143% if it goes back
Costs−$4514.507% of $10k · taker + slippage, in and out
Result−$472−4.72%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.351%
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
/8hCAT on 9 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size111.7 / 129.0 bpAt $10k entering Bybit costs 129.0 bp, fee and slippage, 1.2× Variational Omni’s.
- Note: Margin at max leverage$500 + $400Variational Omni 20x, Bybit 25x. 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: $0.00Long Variational Omni: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
- OK: Entry gap works for you+0.351% vs +0.208%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$43K vs $204K 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: KYCVariational Omni No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0168%/8h × 21 periods−$35.29
Price spread+0.351% → +0.208% (7d avg)+$14.31
Slippage, 4 orderslive order books−$439.68
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$471.66
Costs to cover4.507%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 23 min ago; Bybit: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni18.90111.7 bp−$112193.5 bp−$1,935doesn’t fitdoesn’t fit
SELL · SHORTBybit12.40129.0 bp−$129doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-15 05:30 | Bitget | Other | PPI data is up next: 7 hours to go. ⏳ Will $CAT, $FDX, $DE, and $CSX make big moves? @bitget on X ↗ |
| 09-22 08:47 | Jupiter Perps | Other | THE CAT IS OUT THE BAAAAG @JupiterExchange on X ↗ |
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