Funding you earn now, next payment 08:00 UTC+0.0029%/8h= +3.1% APRnext payment +$0.29 per $10,000 · paid last 24h +0.022%
Price spread now: Variational Omni against Bybit−0.096%7-day average +0.037% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.096%, 7d avg +0.037%
=Together, before fees−0.035%+ Points / potential airdropVariational Omni: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.133% cheaper against Bybit than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.037%). If the spread goes back, that is −$13 on $10k: about 15 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit FWDIUSDT | 8.0530 | −0.0294 | get 0.0294% / 8h | 2h 31m | $363K | $307K | 25x |
| Short | Variational Omni FWDI | 8.0453 | −0.0266 | pay 0.0266% / 8h | 2h 31m | $113K | $121K | — |
Bybit FWDIUSDT
Variational Omni FWDIFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6
- Price spread: −0.096% → +0.037%
- −$13.28
- 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
- −$18.28
- Costs to cover
- 0.110%
- Break-even
- 28.3 days
Slippage unknown: Bybit: live order book, 13 min ago; Variational Omni: RFQ quote, 18 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, 13 min ago | 7.45 bp | 125.6 bp −$126 | 237.1 bp −$2,371 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 18 min ago | 5.81 bp | doesn't fit | 726.1 bp −$7,261 | doesn't fit | doesn't fit |
FWDI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget FWDIUSDT | −0.1143% | 8h | 8.0590 | +0.075% | $429K | $178K | 5x | as long as short |
| Binance FWDIUSDT | −0.0494% | 8h | 8.0500 | −0.037% | $454K | $1.8M | 10x | as long as short |
| OKX FWDI-USDT-SWAP | −0.0372% | 8h | 8.0340 | −0.236% | $319K | $247K | 10x | as long as short |
| Bybit FWDIUSDTlong | −0.0294% | 8h | 8.0530 | long leg | $363K | $307K | 25x | |
| Variational Omni FWDIshort | −0.0266% | 8h | 8.0453 | −0.096% | $113K | $121K | — | |
| QFEX FWDI-USD | 0.0000% | 1h | 8.0800 | +0.335% | $1.1M | $385K | 10x | as long as short |
| HTX FWDI-USDT | 0.0000% | 8h | 8.0420 | −0.137% | $7K | $62K | 10x | as long as short |
Bitget FWDIUSDT
Binance FWDIUSDT
OKX FWDI-USDT-SWAP
QFEX FWDI-USD
HTX FWDI-USDT