Funding you earn now, next payment 00:00 UTC−0.0056%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against Bybit+0.550%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)−0.178%−$18 · spread now +0.550%, 7d avg −0.007%
=Together, before fees−0.198%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.556% dearer against Bybit than usual: you sell high and buy low (spread +0.550% now, against its 7-day average of −0.007%): +$56 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 days. At the pace of the last 3 days (−0.020% in total) that is about 3 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit BRUSDT | 1.1304 | 0.0156 | pay 0.0078% / 4h | 2h 10m | $11.0M | $25.9M | 5x |
| Short | Variational Omni BR | 1.1366 | 0.0100 | get 0.0050% / 4h | 2h 10m | $270K | $301K | — |
Bybit BRUSDT
Variational Omni BRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$11.87
- Price spread: +0.550% → −0.007%
- $55.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $32.76
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 8 min ago; Variational Omni: RFQ quote, 13 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 Bybit live order book, 8 min ago | 1.68 bp | 43.5 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 13 min ago | 3.66 bp | doesn't fit | 132.5 bp −$1,325 | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.1297 | −0.066% | — | $6.3M | — | as long as short |
| Variational Omni BRshort | +0.0100% | 4h | 1.1366 | +0.550% | $270K | $301K | — | |
| SunX BR-USDT | +0.0100% | 4h | 1.1307 | +0.029% | — | $684K | 10x | as long as short |
| HTX BR-USDT | +0.0100% | 4h | 1.1361 | +0.502% | $87K | $240K | 20x | as long as short |
| Bybit BRUSDTlong | +0.0156% | 4h | 1.1304 | long leg | $11.0M | $25.9M | 5x | |
| KuCoin BRUSDTM | +0.0408% | 4h | 1.1308 | +0.033% | $5.0M | $5.5M | 30x | as long as short |
| Gate BR_USDT | +0.0558% | 4h | 1.1308 | +0.037% | $7.5M | $8.5M | 20x | as long as short |
| Aster BRUSDT | +0.0612% | 4h | 1.1306 | +0.014% | $727K | $2.7M | 5x | as long as short |
| Bitget BRUSDT | +0.0802% | 4h | 1.1328 | +0.208% | $8.2M | $12.7M | 10x | as long as short |
| MEXC BR_USDT | +0.1148% | 4h | 1.1318 | +0.122% | $15.5M | $7.5M | 100x | as long as short |
BingX BR-USDT
SunX BR-USDT
HTX BR-USDT
KuCoin BRUSDTM
Gate BR_USDT
Aster BRUSDT
Bitget BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1148% | 4h | 1.1326 | +0.197% | $54.2M | $163.9M | 25x | as long as short |
Binance BRUSDT