Funding you earn now, next payment 16:00 UTC−0.0179%/8h= −19.6% APRnext payment −$1.79 per $10,000 · paid last 24h −0.027%
Price spread now: Bybit against Variational Omni−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$5 a day on $10k at the current rate, and Bybit is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 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 ZRX | 0.1184 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $22K | $13K | — |
| Short | Bybit ZRXUSDT | 0.1184 | −0.0079 | pay 0.0079% / 8h | 7h 50m | $1.4M | $341K | 25x |
Variational Omni ZRX
Bybit ZRXUSDTFunding 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
- −$37.61
- Price spread: −0.043% → 0.000%
- −$4.26
- 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
- −$52.87
- 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 | 3.81 bp | 57.8 bp −$58 | 180.5 bp −$1,805 | 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.
ZRX on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ZRX_USDT | −0.0303% | 8h | 0.1181 | −0.304% | $142K | $36K | 75x | as long as short |
| Bybit ZRXUSDTshort | −0.0079% | 8h | 0.1184 | −0.043% | $1.4M | $341K | 25x | |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1185 | +0.010% | $1.7M | $1.4M | 50x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1184 | −0.026% | $520K | $355K | 20x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1185 | +0.050% | $889K | $167K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1185 | +0.050% | $294K | $58K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1184 | −0.034% | $590K | $124K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1185 | +0.050% | — | $2.3M | — | as long as short |
| Variational Omni ZRXlong | +0.0100% | 8h | 0.1184 | long leg | $22K | $13K | — | |
| BloFin ZRX-USDT | +0.0110% | 4h | 0.1181 | −0.287% | $91K | $23K | 50x | as long as short |
Gate ZRX_USDT
Binance ZRXUSDT
OKX ZRX-USDT-SWAP
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDT
BloFin ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSD | +0.0756% | 1h | 0.1188 | +0.277% | $38K | $6K | 10x | as long as short |
Kraken Futures PF_ZRXUSD