Funding you earn now, next payment 08:00 UTC+0.0171%/8h= +18.8% APRnext payment +$1.71 per $10,000 · paid last 24h +0.010%
Price spread now: Bybit against Variational Omni+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.044% dearer against Variational Omni than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SNOW | 339.41 | 0.0165 | pay 0.0165% / 8h | 1h 35m | $59K | $63K | — |
| Short | Bybit SNOWUSDT | 339.56 | 0.0336 | get 0.0336% / 8h | 1h 35m | $714K | $230K | 25x |
Variational Omni SNOW
Bybit SNOWUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $35.97
- Price spread: +0.044% → 0.000%
- $4.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $29.38
- Costs to cover
- 0.110%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 45 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 45 min ago | 4.27 bp | 86.7 bp −$87 | 207.3 bp −$2,073 | doesn't fit | doesn't fit |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SNOW on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective SNOW/USDC PERP | −0.0220% | 1h | 336.58 | −0.834% | $7K | $95 | 12x | as long as short |
| OKX SNOW-USDT-SWAP | 0.0000% | 8h | 339.47 | +0.018% | $329K | $162K | 20x | as long as short |
| Gate SNOW_USDT | 0.0000% | 8h | 339.36 | −0.015% | $102K | $229K | 20x | as long as short |
| Bitget SNOWUSDT | 0.0000% | 8h | 339.96 | +0.162% | $316K | $165K | 20x | as long as short |
| HTX SNOW-USDT | 0.0000% | 8h | 339.47 | +0.018% | $8K | $40K | 10x | as long as short |
| Variational Omni SNOWlong | +0.0165% | 8h | 339.41 | long leg | $59K | $63K | — | |
| Binance SNOWUSDT | +0.0240% | 8h | 339.35 | −0.018% | $741K | $753K | 25x | as long as short |
| Bybit SNOWUSDTshort | +0.0336% | 8h | 339.56 | +0.044% | $714K | $230K | 25x |
Injective SNOW/USDC PERP
OKX SNOW-USDT-SWAP
Gate SNOW_USDT
Bitget SNOWUSDT
HTX SNOW-USDT
Binance SNOWUSDT