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

NOT

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0406%/8h= +44.5% APRnext payment +$2.03 per $10,000 · paid last 24h +0.127%
Price spread now: Bybit against Variational Omni−0.079%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Bybit is 0.079% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni NOT0.0005057−0.0336get 0.0168% / 4h1h 38m$71K$39K
ShortBybit NOTUSDT0.00050530.0070get 0.0035% / 4h1h 38m$2.1M$862K25x

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

Profit calculator

Funding earned
$85.32
Price spread: −0.079% → 0.000%
−$7.94
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
$66.38
Costs to cover
0.110%
Break-even
1.6 days
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 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 Variational Omni no order-book sample
Sell Bybit live order book, 3 min ago3.95 bp35.2 bp −$35157.9 bp −$1,579doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOTlong−0.0336%4h0.0005057long leg$71K$39K
KuCoin NOTUSDTM−0.0186%4h0.0005053−0.079%$464K$129K50xas long as short
Injective NOT/USDC PERP+0.0033%1h0.0004874−3.619%$1K$13K5.5xas long as short
BloFin NOT-USDT+0.0069%4h0.0005072+0.296%$112K$17K50xas long as short
Bybit NOTUSDTshort+0.0070%4h0.0005053−0.079%$2.1M$862K25x
Lighter 1000NOT+0.0096%1h0.0005072+0.290%$11K$4K3xas long as short
Hyperliquid NOT+0.0100%1h0.0005060+0.059%$369K$51K3xas long as short
Aster NOTUSDT+0.0100%4h0.0005063+0.120%$14K$9K5xas long as short
Binance NOTUSDT+0.0100%4h0.0005060+0.059%$2.1M$3.1M50xas long as short
OKX NOT-USDT-SWAP+0.0100%4h0.0005062+0.099%$633K$652K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate NOT_USDT+0.0100%4h0.0005061+0.079%$143K$68K50xas long as short
MEXC NOT_USDT+0.0100%4h0.0005060+0.059%$1.3M$439K200xas long as short
Bitget NOTUSDT+0.0100%4h0.0005065+0.158%$672K$411K50xas long as short
BingX NOT-USDC+0.0100%4h0.0005062+0.099%$721Kas long as short
Extended kNOT-USD+0.0104%1h0.0005059+0.031%$4K$4915xas long as short
Kraken Futures PF_NOTUSD+0.1956%1h0.0005059+0.042%$49K$9K10xas long as short