Spread before costs (cost unknown: a leg has no order-book sample)+0.171%
7d average—if it closes, per $10,000$17funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit INITUSDT | 0.08019 | 0.0100 | pay 0.0050% / 4h | 2h 00m | $1.4M | $1.5M | 25x |
| Short | Variational Omni INIT | 0.08033 | 0.0100 | get 0.0050% / 4h | 2h 00m | $25K | $23K | — |
Bybit INITUSDT
Variational Omni INITPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $17.06
- Funding while held
- $0
- 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
- $6.06
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 2 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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, 2 min ago | 4.37 bp | 43.5 bp −$43 | 82.1 bp −$821 | 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.
INIT price on every exchange
against the cheapest. Click to use as the short leg.
BloFin
KuCoin
OKX
Gate
Bitget
Aster
Kraken Futures
Hyperliquid
BingX
MEXC
BinanceINIT on 13 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit INITUSDTlong | 0.000% | +0.0100% | 4h | $1.4M | $1.5M | 25x | |
| BloFin INIT-USDT | +0.037% | +0.0041% | 4h | $159K | $106K | 25x | as long as short |
| KuCoin INITUSDTM | +0.050% | +0.0100% | 4h | $319K | $58K | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.087% | +0.0100% | 4h | $131K | $629K | 10x | as long as short |
| Gate INIT_USDT | +0.087% | +0.0100% | 8h | $82K | $56K | 25x | as long as short |
| Bitget INITUSDT | +0.112% | +0.0100% | 4h | $419K | $313K | 25x | as long as short |
| Aster INITUSDT | +0.116% | +0.0100% | 4h | $26K | $36K | 5x | as long as short |
| Kraken Futures PF_INITUSD | +0.123% | +0.0289% | 1h | $5K | $20K | 10x | as long as short |
| Hyperliquid INIT | +0.135% | +0.0100% | 1h | $290K | $242K | 3x | as long as short |
| BingX INIT-USDT | +0.137% | +0.0100% | 4h | — | $6.6M | — | as long as short |
Show all 13 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC INIT_USDT | +0.162% | +0.0100% | 4h | $435K | $215K | 20x | as long as short |
| Variational Omni INITshort | +0.171% | +0.0100% | 4h | $25K | $23K | — | |
| Binance INITUSDT | +0.195% | +0.0100% | 4h | $3.3M | $3.7M | 25x | as long as short |