Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 685.66 | 0 | 0.0000% / 8h | 6h 06m | $29.8M | $150.8M | 100x | Long Bybit | |
| SHORT | 684.77 | +0.0355 | get 0.0355% / 8h | 6h 06m | $2.8M | $11.1M | 20x | Short Variational Omni+15% pts |
Price gap−0.130%
Funding gap+0.0355% /8h
Funding pays +$11 a day on $10k, but the gap is 0.029% under its 7d average: −$3 if it goes back, about 7 hours of funding. At the last 7 days' pace that is about 4.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$5+0.0355% /8h now · paid +0.046% over the last 7D
Price−$3spread −0.130% now, avg −0.101% → −0.029% if it goes back
Costs−$300.300% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.046% in total, about +0.0022%/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−0.130%
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
/8hMU on 47 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books8.6 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$100 + $500Bybit 100x, 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: +$10.65Long Bybit: 3 payments, $0.00; short Variational Omni: 3 payments, +$10.65.
- Watch: Gap narrower than usual−0.130% vs −0.101%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2.8M vs $29.8M 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+0.0022%/8h × 21 periods+$4.60
Price spread−0.130% → −0.101% (7d avg)−$2.89
Slippage, 4 orderslive order books−$18.99
Fee Bybit bp × 2 orders−$11.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$28.28
Costs to cover0.300%Break-even50.1 days
Slippage: Bybit: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit0.378.6 bp−$912.2 bp−$12237.5 bp−$3,749doesn’t fit
SELL · SHORTVariational Omni1.914.5 bp−$46.7 bp−$6721.2 bp−$2,115doesn’t fit
Closing costs about the same again.
MU news
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