Funding you earn now, next payment 08:00 UTC−0.0199%/8h= −21.8% APRnext payment −$1.99 per $10,000 · paid last 24h −0.043%
Price spread now: Variational Omni against Bybit+0.333%7-day average −0.043% · 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)−0.137%−$14 on $10k
+Price spread, last 3 days (all we have)−0.215%−$21 · spread now +0.333%, 7d avg −0.043%
=Together, before fees−0.352%+ Points / potential airdropVariational Omni: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.376% dearer against Bybit than usual: you sell high and buy low (spread +0.333% now, against its 7-day average of −0.043%): +$38 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ICPUSDT | 3.0330 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $18.0M | $18.5M | 75x |
| Short | Variational Omni ICP | 3.0431 | −0.0099 | pay 0.0099% / 8h | 7h 55m | $1.1M | $108K | — |
Bybit ICPUSDT
Variational Omni ICPFunding 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
- −$41.86
- Price spread: +0.333% → −0.043%
- $37.58
- 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
- −$15.28
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 4 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, 3 min ago | 1.65 bp | 14.4 bp −$14 | 50.5 bp −$505 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.36 bp | doesn't fit | 33.6 bp −$336 | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1503% | 8h | 3.0420 | +0.297% | $1.8M | $761K | 50x | as long as short |
| Kraken Futures PF_ICPUSD | −0.0121% | 1h | 3.0495 | +0.545% | $555K | $597K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0111% | 1h | 3.0445 | +0.379% | $271 | $464 | 50x | as long as short |
| Variational Omni ICPshort | −0.0099% | 8h | 3.0431 | +0.333% | $1.1M | $108K | — | |
| Gate ICP_USDT | −0.0025% | 8h | 3.0370 | +0.132% | $1.9M | $2.9M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0425 | +0.315% | $71K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 3.0445 | +0.379% | $27K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −2.193% | $202 | $200K | 12x | as long as short |
| HTX ICP-USDT | +0.0060% | 8h | 3.0410 | +0.264% | $106K | $238K | 20x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0418 | +0.290% | $158K | $450K | 5x | as long as short |
Phemex ICPUSDT
Kraken Futures PF_ICPUSD
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
HTX ICP-USDT
Lighter ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ICPUSDT | +0.0100% | 8h | 3.0420 | +0.296% | $253K | $1.6M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0416 | +0.284% | $138K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0335 | +0.015% | $30.0M | $51.9M | 75x | as long as short |
| Bybit ICPUSDTlong | +0.0100% | 8h | 3.0330 | long leg | $18.0M | $18.5M | 75x | |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0320 | −0.033% | $6.1M | $16.9M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0380 | +0.165% | $19.2M | $9.3M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0380 | +0.165% | $5.2M | $13.3M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0350 | +0.066% | $7.1M | $4.7M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0380 | +0.165% | — | $5.2M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0358 | +0.093% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 3.0380 | +0.165% | $585K | $450K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 3.0440 | +0.363% | $2K | $1.8M | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0386 | +0.184% | $25K | $113K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 3.0310 | −0.066% | $1.3M | $2.3M | 75x | as long as short |
| Hyperliquid ICP | +0.0264% | 1h | 3.0461 | +0.432% | $4.8M | $5.1M | 5x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0280% | 1h | 3.0410 | +0.264% | $64K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0510% / S −0.0480% | 1h | 3.0442 | +0.370% | $38K | — | 100x | as long as short |
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
GRVT ICP_USDT_Perp
SunX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Hyperliquid ICP
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]