Funding you earn now, next payment 04:00 UTC−0.0366%/8h= −40.1% APRnext payment −$1.83 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Variational Omni−0.207%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Bybit is 0.207% cheaper against Variational Omni than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni TRB | 19.465 | 0.0466 | pay 0.0233% / 4h | 2h 22m | $15K | $4K | — |
| Short | Bybit TRBUSDT | 19.425 | 0.0100 | get 0.0050% / 4h | 2h 22m | $6.4M | $2.0M | 50x |
Variational Omni TRB
Bybit TRBUSDTFunding 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
- −$76.91
- Price spread: −0.207% → 0.000%
- −$20.7
- 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
- −$108.61
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 5 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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 4.90 bp | 27.1 bp −$27 | 111.5 bp −$1,115 | doesn't fit | doesn'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.
TRB on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid TRB | +0.0100% | 1h | 19.411 | −0.279% | $501K | $242K | 3x | as long as short |
| Aster TRBUSDT | +0.0100% | 4h | 19.405 | −0.309% | $9K | $20K | 5x | as long as short |
| Binance TRBUSDT | +0.0100% | 4h | 19.414 | −0.264% | $5.2M | $10.4M | 50x | as long as short |
| Bybit TRBUSDTshort | +0.0100% | 4h | 19.425 | −0.207% | $6.4M | $2.0M | 50x | |
| OKX TRB-USDT-SWAP | +0.0100% | 4h | 19.410 | −0.284% | $4.5M | $4.9M | 20x | as long as short |
| MEXC TRB_USDT | +0.0100% | 4h | 19.406 | −0.305% | $15.1M | $1.0M | 125x | as long as short |
| KuCoin TRBUSDTM | +0.0100% | 4h | 19.412 | −0.274% | $1.2M | $305K | 50x | as long as short |
| Bitget TRBUSDT | +0.0100% | 4h | 19.430 | −0.181% | $1.4M | $1.4M | 50x | as long as short |
| BingX TRB-USDT | +0.0100% | 4h | 19.421 | −0.228% | — | $16.3M | — | as long as short |
| Variational Omni TRBlong | +0.0466% | 4h | 19.465 | long leg | $15K | $4K | — |
Hyperliquid TRB
Aster TRBUSDT
Binance TRBUSDT
OKX TRB-USDT-SWAP
MEXC TRB_USDT
KuCoin TRBUSDTM
Bitget TRBUSDT
BingX TRB-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate TRB_USDT | +0.1120% | 4h | 19.430 | −0.181% | $623K | $1.7M | 50x | as long as short |
| Kraken Futures PF_TRBUSD | +0.1451% | 1h | 19.420 | −0.231% | $103K | $99K | 10x | as long as short |
Gate TRB_USDT
Kraken Futures PF_TRBUSD