ALGO

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.33 per $10,000 · paid last 24h −0.002%

Price spread now: Bybit against Variational Omni−0.288%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Bybit is 0.288% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.288% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 30 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ALGO	0.1113	0.0067	pay 0.0067% / 8h	6h 00m	$61K	$12K	—
Short	Bybit ALGOUSDT	0.1110	0.0100	get 0.0100% / 8h	6h 00m	$11.4M	$12.2M	75x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee BybitbpOrdersPrice spread, now −0.288%Rate

Funding earned: $6.83
Price spread: −0.288% → 0.000%: −$28.8
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: −$32.97
Costs to cover: 0.110%
Break-even: 40.8 days

Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 3 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, 3 min ago	0.90 bp	15.5 bp −$16	43.5 bp −$435	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.

ALGO on 21 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
Deribit ALGO_USDC-PERPETUAL	−0.0560%	1h	0.1110	−0.225%	$101K	$49K	25x	as long as short
Coinbase International ALGO-PERP-INTX	−0.0064%	1h	0.1120	+0.646%	$71K	$285K	50x	as long as short
gTrade (Gains Network) ALGO/USD	L −0.0001% / S +0.0003%	1h	0.1113	+0.011%	$17K	—	150x	as long as short
Injective ALGO/USDC PERP	+0.0033%	1h	0.1120	+0.637%	$834	$233K	12x	as long as short
Variational Omni ALGOlong	+0.0067%	8h	0.1113	long leg	$61K	$12K	—
Hyperliquid ALGO	+0.0100%	1h	0.1116	+0.242%	$3.7M	$2.0M	5x	as long as short
Aster ALGOUSDT	+0.0100%	8h	0.1113	+0.048%	$44K	$41K	5x	as long as short
Binance ALGOUSDT	+0.0100%	8h	0.1110	−0.277%	$9.7M	$34.6M	75x	as long as short
Bybit ALGOUSDTshort	+0.0100%	8h	0.1110	−0.288%	$11.4M	$12.2M	75x
OKX ALGO-USDT-SWAP	+0.0100%	8h	0.1110	−0.297%	$2.9M	$7.6M	50x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate ALGO_USDT	+0.0100%	8h	0.1111	−0.171%	$868K	$861K	50x	as long as short
MEXC ALGO_USDT	+0.0100%	8h	0.1109	−0.315%	$22.7M	$3.0M	200x	as long as short
KuCoin ALGOUSDTM	+0.0100%	8h	0.1111	−0.207%	$3.5M	$1.5M	50x	as long as short
Bitget ALGOUSDT	+0.0100%	8h	0.1110	−0.261%	$5.5M	$3.5M	75x	as long as short
BingX ALGO-USDT	+0.0100%	8h	0.1110	−0.225%	—	$3.3M	—	as long as short
HTX ALGO-USDT	+0.0100%	8h	0.1113	+0.026%	$60K	$140K	75x	as long as short
Phemex ALGOUSDT	+0.0100%	8h	0.1112	−0.081%	$3.8M	$1.8M	50x	as long as short
Extended ALGO-USD	+0.0104%	1h	0.1111	−0.170%	$4K	$232K	10x	as long as short
Kraken Futures PF_ALGOUSD	+0.0263%	1h	0.1111	−0.205%	$823K	$1.1M	50x	as long as short
GMX ALGO/USD [WBTC.b-USDC]	L +0.0342% / S −0.0313%	1h	0.1113	−0.011%	$7K	—	100x	as long as short
dYdX ALGO-USD	+0.1614%	1h	0.1114	+0.115%	$161K	$4K	5x	as long as short