Funding you earn now, next payment 00:00 UTC+0.0250%/8h= +27.3% APRnext payment +$2.50 per $10,000 · paid last 24h +0.043%
Price spread now: Bybit against Variational Omni−0.047%7-day average +0.041% · you buy dearer than you sell
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)−0.320%−$32 · spread now −0.047%, 7d avg +0.041%
=Together, before fees−0.183%+ Points / potential airdropVariational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.088% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.041%). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ICP | 2.9864 | −0.0245 | get 0.0245% / 8h | 2h 24m | $1.1M | $119K | — |
| Short | Bybit ICPUSDT | 2.9850 | 0.0005 | get 0.0005% / 8h | 2h 24m | $17.2M | $17.6M | 75x |
Variational Omni ICP
Bybit ICPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $52.41
- Price spread: −0.047% → +0.041%
- −$8.81
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $32.59
- Costs to cover
- 0.110%
- Break-even
- 2.6 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Bybit: live order book, 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 Variational Omni RFQ quote, 4 min ago | 6.07 bp | doesn't fit | 29.3 bp −$293 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.67 bp | 13.9 bp −$14 | 36.6 bp −$366 | 437.3 bp −$43.7K | 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 | −0.1408% | 8h | 2.9710 | −0.516% | $1.7M | $780K | 50x | as long as short |
| Variational Omni ICPlong | −0.0245% | 8h | 2.9864 | long leg | $1.1M | $119K | — | |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | −0.666% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0102% | 8h | 2.9850 | −0.047% | $1.9M | $2.7M | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0051% | 1h | 2.9886 | +0.074% | $266 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9889 | +0.083% | $70K | $4K | 5x | as long as short |
| Bybit ICPUSDTshort | +0.0005% | 8h | 2.9850 | −0.047% | $17.2M | $17.6M | 75x | |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9887 | +0.076% | $27K | — | 150x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9875 | +0.039% | $188K | $1.5M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9878 | +0.047% | $135K | $11K | 5x | as long as short |
Phemex ICPUSDT
Injective ICP/USDC PERP
Gate ICP_USDT
Deribit ICP_USDC-PERPETUAL
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9870 | +0.020% | $29.1M | $48.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9850 | −0.047% | $5.8M | $15.7M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9870 | +0.020% | $19.2M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9870 | +0.020% | $5.3M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9880 | +0.054% | $6.9M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9860 | −0.013% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9855 | −0.029% | $23K | $276K | 10x | as long as short |
| GRVT ICP_USDT_Perp | +0.0100% | 8h | 2.9854 | −0.033% | $572K | $481K | 10x | as long as short |
| SunX ICP-USDT | +0.0100% | 8h | 2.9870 | +0.020% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9810 | −0.181% | $106K | $219K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9876 | +0.041% | $24K | $123K | 10x | as long as short |
| Lighter ICP | +0.0136% | 1h | 2.9903 | +0.131% | $167K | $442K | 5x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0147% | 1h | 2.9916 | +0.174% | $490K | $517K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9890 | +0.087% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9890 | +0.087% | $62K | $89K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0534% / S −0.0529% | 1h | 2.9880 | +0.052% | $40K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0873% | 1h | 2.9928 | +0.214% | $4.7M | $5.0M | 5x | as long as short |
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
HTX ICP-USDT
Extended ICP-USD
Lighter ICP
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP