Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0800 | 0 | 0.0000% / 8h | 2h 25m | $206K | $2.0M | 25x | Long Bybit | |
| SHORT | 7.0818 | 0 | 0.0000% / 8h | 2h 25m | $1K | $92K | 20x | Short Variational Omni+15% pts |
Price gap+0.025%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 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 forecastFunding−$10.0000% /8h now · paid −0.011% over the last 7D
Price—spread +0.025% now · no price history on both exchanges yet
Costs−$3843.839% of $10k · taker + slippage, in and out
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+0.025%
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
/8hWEN on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size116.1 / 86.3 bpAt $10k entering Bybit costs 116.1 bp, fee and slippage, 1.3× Variational Omni’s.
- Note: Margin at max leverage$400 + $500Bybit 25x, 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: $0.00Long Bybit: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Note: No 7-day spread history+0.025%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$1K vs $206K 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−0.0005%/8h × 21 periods−$1.10
Price spread+0.025% → 0+$2.53
Slippage, 4 orderslive order books−$372.88
Fee Bybit bp × 2 orders−$11.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$382.45
Costs to cover3.839%Break-evennever at this rate
Slippage: Bybit: live order book, just now; Variational Omni: RFQ quote, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit2.12116.1 bp−$116305.7 bp−$3,057doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.0786.3 bp−$86165.7 bp−$1,657doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |
Ondo Perps