Funding you earn now, next payment 08:00 UTC−0.1006%/8h= −110.1% APRnext payment −$10.06 per $10,000 · paid last 24h −0.020%
Price spread now: Bybit against Variational Omni−0.150%7-day average — · 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)—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 against this trade now: funding costs −$30 a day on $10k at the current rate, and Bybit is 0.150% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TMF | 29.935 | 0.1006 | pay 0.1006% / 8h | 4h 02m | $29K | $5K | — |
| Short | Bybit TMFUSDT | 29.890 | 0 | get 0.0000% / 8h | 4h 02m | $160K | $51K | 25x |
Variational Omni TMF
Bybit TMFUSDTFunding 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
- −$211.18
- Price spread: −0.150% → 0.000%
- −$14.95
- 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
- −$237.13
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 37 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, 37 min ago | 20.07 bp | 85.0 bp −$85 | doesn't fit | 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.
TMF on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX TMFUSDC | −0.0862% | 4h | 29.935 | 0.000% | $14K | $287K | 10x | as long as short |
| Bitget TMFUSDT | −0.0002% | 8h | 29.911 | −0.079% | $155K | $80K | 20x | as long as short |
| Bybit TMFUSDTshort | 0.0000% | 8h | 29.890 | −0.150% | $160K | $51K | 25x | |
| Gate TMF_USDT | 0.0000% | 8h | 29.900 | −0.116% | $51K | $7K | 20x | as long as short |
| HTX TMF-USDT | 0.0000% | 8h | 29.990 | +0.185% | $9K | $253K | 10x | as long as short |
| OKX TMF-USDT-SWAP | +0.0764% | 8h | 29.950 | +0.051% | $148K | $137K | 20x | as long as short |
| Variational Omni TMFlong | +0.1006% | 8h | 29.935 | long leg | $29K | $5K | — | |
| Binance TMFUSDT | +0.1059% | 8h | 29.942 | +0.024% | $1.2M | $470K | 25x | as long as short |
| MEXC TMF_USDT | +0.1060% | 8h | 29.930 | −0.016% | $636K | $92K | 20x | as long as short |
edgeX TMFUSDC
Bitget TMFUSDT
Gate TMF_USDT
HTX TMF-USDT
OKX TMF-USDT-SWAP
Binance TMFUSDT
MEXC TMF_USDT