Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Bybit−2.516%7-day average −2.945% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −2.516%, 7d avg −2.945%
=Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.430% dearer against Bybit than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −2.945%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,664.1 | 0 | get 0.0000% / 8h | 5h 32m | $763K | $203K | 25x |
| Short | Variational Omni OPENAI | 1,622.2 | 0.0050 | get 0.0050% / 8h | 5h 32m | $2.6M | $754K | — |
Funding 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
- $10.5
- Price spread: −2.516% → −2.945%
- $42.97
- 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
- $42.47
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 27 min ago; Variational Omni: RFQ quote, 2 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, 27 min ago | 15.71 bp | 93.3 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 3.20 bp | doesn't fit | 32.2 bp −$322 | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0104% | 1h | 1,625.2 | −2.337% | $225K | $159K | 5x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,709.1 | +2.702% | $1.4M | $269K | 5x | as long as short |
| Bybit OPENAIUSDTlong | 0.0000% | 8h | 1,664.1 | long leg | $763K | $203K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,652.9 | −0.672% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,620.8 | −2.603% | $52.4M | $28.7M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,625.2 | −2.336% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,624.4 | −2.385% | — | $2.4M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,623.8 | −2.419% | $79K | $216K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,622.7 | −2.485% | $1.6M | $542K | 10x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,623.5 | −2.439% | $1.2M | $469K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin OPENAI-USDT | +0.0028% | 8h | 1,622.9 | −2.478% | $476K | $277K | 20x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,676.3 | +0.733% | $2.7M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,623.2 | −2.458% | $135K | $725K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,629.1 | −2.105% | $212K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,623.7 | −2.430% | $22.9M | $17.8M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,623.8 | −2.419% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,623.3 | −2.453% | $374K | $71K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,622.2 | −2.516% | $2.6M | $754K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,622.2 | −2.516% | $2K | $139K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,623.3 | −2.453% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0138% | 1h | 1,667 | +0.175% | $7.4M | $2.1M | 6x | as long as short |
| Deribit OPENAI_USDC-PERPETUAL | +0.0355% | 1h | 1,625.6 | −2.315% | — | $3 | 5x | as long as short |
Bybit OPENAIUSDT
Variational Omni OPENAI
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
BloFin OPENAI-USDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Deribit OPENAI_USDC-PERPETUAL