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

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Variational Omni+0.124%7-day average · 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 4 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.124% dearer against Variational Omni than usual: you sell high and buy low, +$12 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni W0.011750.0100pay 0.0050% / 4h3h 59m$71K$41K
ShortBybit WUSDT0.011770.0100get 0.0050% / 4h3h 59m$4.1M$1.5M50x

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
$0
Price spread: +0.124% → 0.000%
$12.41
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
$1.41
Costs to cover
0.110%
Break-even
from the start
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 ago1.28 bp31.8 bp −$32131.6 bp −$1,316doesn'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.

W on 17 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
Deribit W_USDC-PERPETUAL−0.0089%1h0.01179+0.320%$14K$4K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+2.881%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01178+0.243%$2.0M$275K5xas long as short
Binance WUSDT+0.0100%4h0.01178+0.252%$3.0M$5.1M50xas long as short
Bybit WUSDTshort+0.0100%4h0.01177+0.124%$4.1M$1.5M50x
OKX W-USDT-SWAP+0.0100%4h0.01176+0.073%$1.3M$1.5M20xas long as short
Gate W_USDT+0.0100%4h0.01174−0.080%$428K$217K75xas long as short
MEXC W_USDT+0.0100%4h0.01177+0.192%$12.3M$1.3M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01176+0.073%$387K$190K50xas long as short
Bitget WUSDT+0.0100%4h0.01179+0.328%$1.3M$546K50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01177+0.167%$6.7Mas long as short
Backpack W_USDC_PERP+0.0100%1h0.01180+0.439%$46K$52K15xas long as short
Variational Omni Wlong+0.0100%4h0.01175long leg$71K$41K
GRVT W_USDT_Perp+0.0100%4h0.01178+0.241%$126K$387K10xas long as short
Extended W-USD+0.0104%1h0.01177+0.176%$59K$388K5xas long as short
Coinbase International W-PERP-INTX+0.0384%1h0.01186+0.916%$13K$13K50xas long as short
Kraken Futures PF_WUSD+0.1321%1h0.01180+0.441%$147K$53K20xas long as short