Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG48.12000.0000% / 8h4h 52m$169K$25K20xLong Variational Omni+15% pts
SHORT48.16000.0000% / 8h4h 52m$66K$34K25xShort Bybit
Price gap+0.084%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$8 on $10k if the gap goes back to zero (no 7-day history yet).

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$320.0000% /8h now · paid +0.321% over the last 7D
Price—spread +0.084% now · no price history on both exchanges yet
Costsno datano order book for Bybit
Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.084%
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

/8h

URNM on 16 exchanges

lowest funding first

Before you open

2 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Bybit: its slippage is not counted.
  • Note: Margin at max leverage$500 + $400
    Variational Omni 20x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
  • Note: No 7-day spread history+0.084%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$66K vs $169K OI
    Bybit sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0153%/8h × 21 periods+$32.14
Price spread+0.084% → 0+$8.41
Slippage, 4 ordersno data for Bybit—
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net, fees only · 7 days · $10k+$29.54
Costs to cover0.110%Break-even0.6 days
Slippage: Variational Omni: RFQ quote, 26 min ago; Bybit: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni4.49131.3 bp−$131248.9 bp−$2,489doesn’t fitdoesn’t fit
SELL · SHORTBybit—————

Closing costs about the same again.
Bybit: no data.

Alert

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