Funding you earn now, next payment 08:00 UTC+0.0570%/8h= +62.4% APRnext payment +$2.85 per $10,000 · paid last 24h +0.002%
Price spread now: Variational Omni against Bybit−0.081%7-day average −0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now −0.081%, 7d avg −0.024%
=Together, before fees−0.123%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.057% cheaper against Bybit than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.024%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$17 a day). At the pace of the last 4 days (+0.020% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.020% in total (about 2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CCUSDT | 0.1174 | −0.0470 | get 0.0235% / 4h | 3h 53m | $10.7M | $3.8M | 25x |
| Short | Variational Omni CC | 0.1173 | 0.0100 | get 0.0050% / 4h | 3h 53m | $597K | $56K | — |
Bybit CCUSDT
Variational Omni CCFunding 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
- $119.67
- Price spread: −0.081% → −0.024%
- −$5.73
- 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
- $102.94
- Costs to cover
- 0.110%
- Break-even
- 1.0 days
Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 65 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, 4 min ago | 3.84 bp | 34.0 bp −$34 | 477.1 bp −$4,771 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 65 min ago | 12.85 bp | doesn't fit | 329.8 bp −$3,298 | doesn't fit | doesn't fit |
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CC_USDT | −0.0844% | 4h | 0.1173 | −0.094% | $1.7M | $330K | 100x | as long as short |
| Bybit CCUSDTlong | −0.0470% | 4h | 0.1174 | long leg | $10.7M | $3.8M | 25x | |
| GRVT CC_USDT_Perp | +0.0012% | 4h | 0.1172 | −0.162% | $82K | $2.5M | 10x | as long as short |
| Injective CC/USDC PERP | +0.0033% | 1h | 0.1180 | +0.528% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1176 | +0.223% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1175 | +0.128% | $5.5M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1175 | +0.070% | $35K | $32K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1173 | −0.094% | $11.0M | $11.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1175 | +0.068% | $2.6M | $3.2M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1173 | −0.068% | $364K | $209K | 50x | as long as short |
MEXC CC_USDT
GRVT CC_USDT_Perp
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1175 | +0.085% | $484K | $119K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1173 | −0.077% | $919K | $777K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1174 | −0.017% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1173 | −0.043% | $15K | $22K | 10x | as long as short |
| Variational Omni CCshort | +0.0100% | 4h | 0.1173 | −0.081% | $597K | $56K | — | |
| Derive CC-PERP | +0.0100% | 1h | 0.1173 | −0.063% | $6K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1172 | −0.119% | $593K | $98K | 75x | as long as short |
| Lighter CC | +0.0432% | 1h | 0.1180 | +0.494% | $244K | $153K | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0449% / S −0.0241% | 1h | 0.1175 | +0.063% | $44K | — | 50x | as long as short |
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Derive CC-PERP
BloFin CC-USDT
Lighter CC
GMX CC/USD [WBTC.b-USDC]