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

BR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= −0.1% APRnext payment $0.00 per $10,000 · paid last 24h −0.003%
Price spread now: Variational Omni against Bybit+0.381%7-day average −0.007% · 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)−0.020%−$2 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.381%, 7d avg −0.007%
Together, before fees−0.030%+ Points / potential airdropVariational Omni: Active · farm board−$3 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 0.388% dearer against Bybit than usual: you sell high and buy low, +$39 on $10k if it goes back to its 7-day average of −0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit BRUSDT1.13390.0100pay 0.0050% / 4h2h 21m$11.1M$25.8M5x
ShortVariational Omni BR1.13820.0100get 0.0050% / 4h2h 21m$275K$327K

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

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

Profit calculator

Funding earned
−$0.1
Price spread: +0.381% → −0.007%
$38.8
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
$27.7
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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, 2 min ago3.55 bp36.3 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago3.66 bpdoesn't fit132.5 bp −$1,325doesn't fitdoesn't fit

BR on 11 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
BingX BR-USDT+0.0080%4h1.1349+0.091%$6.3Mas long as short
Variational Omni BRshort+0.0100%4h1.1382+0.381%$275K$327K
SunX BR-USDT+0.0100%4h1.1353+0.119%$681K10xas long as short
HTX BR-USDT+0.0100%4h1.1417+0.689%$88K$238K20xas long as short
Bybit BRUSDTlong+0.0100%4h1.1339long leg$11.1M$25.8M5x
KuCoin BRUSDTM+0.0418%4h1.1350+0.095%$5.0M$5.5M30xas long as short
Gate BR_USDT+0.0542%4h1.1354+0.134%$7.5M$8.5M20xas long as short
Aster BRUSDT+0.0639%4h1.1350+0.096%$708K$2.6M5xas long as short
Bitget BRUSDT+0.0824%4h1.1350+0.094%$8.3M$12.6M10xas long as short
MEXC BR_USDT+0.1144%4h1.1341+0.017%$15.6M$7.5M100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance BRUSDT+0.1144%4h1.1348+0.082%$54.2M$163.9M25xas long as short