NOT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$1.29 per $10,000 · paid last 24h −0.111%

Price spread now: Variational Omni against Bybit−0.225%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.225% cheaper against Bybit than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NOTUSDT	0.0005011	0.0100	pay 0.0050% / 4h	2h 35m	$2.1M	$887K	25x
Short	Variational Omni NOT	0.0005000	−0.0158	pay 0.0079% / 4h	2h 35m	$71K	$38K	—

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

Position, each leg$Hold fordaysFee BybitbpFee Variational OmnibpOrdersPrice spread, now −0.225%Rate

Funding earned: −$54.22
Price spread: −0.225% → 0.000%: −$22.5
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: −$87.72
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 6 min ago; Variational Omni: no order-book sample. 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, 6 min ago	4.99 bp	37.3 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

NOT on 16 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
Variational Omni NOTshort	−0.0158%	4h	0.0005000	−0.225%	$71K	$38K	—
KuCoin NOTUSDTM	−0.0120%	4h	0.0005001	−0.200%	$477K	$137K	50x	as long as short
Injective NOT/USDC PERP	+0.0033%	1h	0.0004874	−2.734%	$1K	$13K	5.5x	as long as short
BloFin NOT-USDT	+0.0079%	4h	0.0005001	−0.200%	$111K	$18K	50x	as long as short
Lighter 1000NOT	+0.0096%	1h	0.0005018	+0.146%	$11K	$4K	3x	as long as short
Hyperliquid NOT	+0.0100%	1h	0.0005010	−0.020%	$337K	$69K	3x	as long as short
Aster NOTUSDT	+0.0100%	4h	0.0005012	+0.028%	$14K	$9K	5x	as long as short
Binance NOTUSDT	+0.0100%	4h	0.0005013	+0.040%	$2.1M	$3.1M	50x	as long as short
Bybit NOTUSDTlong	+0.0100%	4h	0.0005011	long leg	$2.1M	$887K	25x
OKX NOT-USDT-SWAP	+0.0100%	4h	0.0005012	+0.020%	$637K	$695K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOT_USDT	+0.0100%	4h	0.0005010	−0.020%	$138K	$73K	50x	as long as short
MEXC NOT_USDT	+0.0100%	4h	0.0005012	+0.020%	$1.3M	$448K	200x	as long as short
Bitget NOTUSDT	+0.0100%	4h	0.0005011	0.000%	$667K	$482K	50x	as long as short
BingX NOT-USDC	+0.0100%	4h	0.0005010	−0.020%	—	$731K	—	as long as short
Extended kNOT-USD	+0.0104%	1h	0.0005008	−0.060%	$4K	—	5x	as long as short
Kraken Futures PF_NOTUSD	+0.1688%	1h	0.0005015	+0.084%	$49K	$9K	10x	as long as short