Funding you earn now, next payment 00:00 UTC−0.0947%/8h= −103.6% APRnext payment −$4.73 per $10,000 · paid last 24h −0.329%
Price spread now: Variational Omni against Bybit+0.385%7-day average −0.079% · 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)−0.586%−$59 on $10k
+Price spread, last 3 days (all we have)+0.049%+$5 · spread now +0.385%, 7d avg −0.079%
=Together, before fees−0.538%+ Points / potential airdropVariational Omni: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.464% dearer against Bybit than usual: you sell high and buy low (spread +0.385% now, against its 7-day average of −0.079%): +$46 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SUSDT | 0.03900 | 0.0100 | pay 0.0050% / 4h | 1h 26m | $5.6M | $5.7M | 50x |
| Short | Variational Omni S | 0.03915 | −0.0847 | pay 0.0423% / 4h | 1h 26m | $609K | $31K | — |
Bybit SUSDT
Variational Omni SFunding 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
- −$198.77
- Price spread: +0.385% → −0.079%
- $46.4
- 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
- −$163.36
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 58 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, 1 min ago | 3.85 bp | 24.9 bp −$25 | 66.9 bp −$669 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 8.94 bp | doesn't fit | 83.0 bp −$830 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SUSD | −0.1600% | 1h | 0.03906 | +0.154% | $33K | $26K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1576% | 1h | 0.03826 | −1.897% | $47K | $5K | 25x | as long as short |
| Variational Omni Sshort | −0.0847% | 4h | 0.03915 | +0.385% | $609K | $31K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0196% / S +0.0189% | 1h | 0.03907 | +0.187% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03905 | +0.128% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03908 | +0.209% | $602 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0029% | 4h | 0.03906 | +0.154% | $99K | $346K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +5.128% | $2K | $37K | 12x | as long as short |
| Aster SUSDT | +0.0092% | 4h | 0.03908 | +0.212% | $43K | $212K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.03910 | +0.256% | $164K | $223K | 5x | as long as short |
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Reya SRUSDPERP
gTrade (Gains Network) S/USD
Orderly PERP_S_USDC
Injective S/USDC PERP
Aster SUSDT
Lighter SShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.03907 | +0.177% | $980K | $757K | 5x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03906 | +0.155% | $5.3M | $19.3M | 75x | as long as short |
| Bybit SUSDTlong | +0.0100% | 4h | 0.03900 | long leg | $5.6M | $5.7M | 50x | |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03905 | +0.128% | $973K | $5.9M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03905 | +0.128% | $319K | $265K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03907 | +0.179% | $3.5M | $2.3M | 200x | as long as short |
| KuCoin SUSDTM | +0.0100% | 4h | 0.03904 | +0.103% | $1.8M | $3.0M | 50x | as long as short |
| Bitget SUSDT | +0.0100% | 4h | 0.03910 | +0.256% | $1.2M | $2.6M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03906 | +0.154% | — | $6.7M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03920 | +0.513% | $25K | $465K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03903 | +0.085% | $219K | $881K | 10x | as long as short |
| 01 Exchange SUSD | +0.0128% | 1h | 0.03900 | 0.000% | $24K | $2K | 5x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0261% | 1h | 0.03913 | +0.333% | $66K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.0305% | 1h | 0.03920 | +0.513% | $114K | $300K | 5x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03918 | +0.462% | $268K | $126K | 75x | as long as short |
Hyperliquid S
Binance SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
KuCoin SUSDTM
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
01 Exchange SUSD
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP
BloFin S-USDT