Settings8H · net · $10k
Funding arb · Price arb /

NIL

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Bybit+0.470%7-day average −0.092% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)0.000%$0 on $10k
Price spread, last 3 days (all we have)−0.432%−$43 · spread now +0.470%, 7d avg −0.092%
Together, before fees−0.432%+ Points / potential airdropVariational Omni: Active · farm board−$43 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.562% dearer against Bybit than usual: you sell high and buy low, +$56 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NILUSDT0.068420.0100pay 0.0050% / 4h47m 24s$3.8M$14.2M20x
ShortVariational Omni NIL0.068740.0100get 0.0050% / 4h47m 24s$177K$266K

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

Profit calculator

Funding earned
$0
Price spread: +0.470% → −0.092%
$56.22
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
$45.22
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 32 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago2.19 bp25.0 bp −$25148.7 bp −$1,487doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 32 min ago6.69 bpdoesn't fit133.0 bp −$1,330doesn't fitdoesn't fit

NIL on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NIL-USDT+0.0072%4h0.06860+0.263%$351K$149K50xas long as short
Aster NILUSDT+0.0100%4h0.06839−0.041%$20K$361K5xas long as short
Binance NILUSDT+0.0100%4h0.06837−0.073%$5.3M$80.5M50xas long as short
Bybit NILUSDTlong+0.0100%4h0.06842long leg$3.8M$14.2M20x
Gate NIL_USDT+0.0100%4h0.06835−0.102%$443K$2.0M50xas long as short
MEXC NIL_USDT+0.0100%4h0.06844+0.029%$2.4M$5.0M100xas long as short
KuCoin NILUSDTM+0.0100%4h0.06837−0.073%$512K$704K30xas long as short
Bitget NILUSDT+0.0100%4h0.06838−0.058%$1.8M$8.8M50xas long as short
BingX NIL-USDT+0.0100%4h0.06846+0.058%$8.6Mas long as short
Variational Omni NILshort+0.0100%4h0.06874+0.470%$177K$266K
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NIL-USD+0.0104%1h0.06835−0.108%$17K$94K5xas long as short
Hyperliquid NIL+0.1523%1h0.06855+0.191%$4.1M$4.6M3xas long as short