Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Variational Omni against Bybit−2.442%7-day average −2.971% · 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)+0.045%+$5 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now −2.442%, 7d avg −2.971%
=Together, before fees−0.066%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.529% dearer against Bybit than usual: you sell high and buy low: +$53 more if the spread goes back to its 7-day average of −2.971%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit OPENAIUSDT | 1,678.1 | 0 | get 0.0000% / 8h | 3h 31m | $755K | $221K | 25x |
| Short | Variational Omni OPENAI | 1,637.1 | 0.0050 | get 0.0050% / 8h | 3h 31m | $2.7M | $680K | — |
Bybit OPENAIUSDT
Variational Omni OPENAIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- $10.5
- Price spread: −2.442% → −2.971%
- $52.89
- 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
- $52.39
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 14 min ago; Variational Omni: RFQ quote, 4 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 Bybit live order book, 14 min ago | 14.64 bp | 78.3 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.60 bp | doesn't fit | 119.3 bp −$1,193 | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0337% | 1h | 1,636 | −2.508% | — | $3 | 5x | as long as short |
| Entropy io:OAI | −0.0137% | 1h | 1,671.8 | −0.375% | $7.4M | $2.2M | 6x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,707.3 | +1.737% | $1.4M | $373K | 5x | as long as short |
| Bybit OPENAIUSDTlong | 0.0000% | 8h | 1,678.1 | long leg | $755K | $221K | 25x | |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,663.1 | −0.894% | $5.1M | $1.4M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,632.6 | −2.710% | $53.1M | $52.0M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,638 | −2.393% | $5.5M | $4.9M | 20x | as long as short |
| SunX OPENAI-USDT | 0.0000% | 8h | 1,636.9 | −2.455% | — | $2.6M | 10x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,638.8 | −2.345% | $79K | $211K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,635.3 | −2.548% | $1.6M | $595K | 10x | as long as short |
Deribit OPENAI_USDC-PERPETUAL
Entropy io:OAI
Lighter OPENAI
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
SunX OPENAI-USDT
HTX OPENAI-USDT
Phemex OPENAIUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX OPENAI-USD | +0.0003% | 1h | 1,635.9 | −2.514% | $1.2M | $369K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,668.8 | −0.553% | $2.6M | $6.2M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,635.4 | −2.544% | $136K | $655K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0050% | 8h | 1,635 | −2.567% | $476K | $290K | 20x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.6 | −2.532% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,635.6 | −2.534% | $23.4M | $21.4M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,635.8 | −2.524% | $13.0M | $3.1M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,641.4 | −2.188% | $376K | $66K | 20x | as long as short |
| Variational Omni OPENAIshort | +0.0050% | 8h | 1,637.1 | −2.442% | $2.7M | $680K | — | |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,633.7 | −2.646% | $2K | $154K | 10x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,635.9 | −2.516% | — | — | 10x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.1928% | 1h | 1,638.7 | −2.346% | $238K | $107K | 5x | as long as short |
QFEX OPENAI-USD
Lighter RH OPENAI
Extended OPENAI-USD
BloFin OPENAI-USDT
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
GRVT OPENAI_USDT_Perp
Aevo OPENAI-PERP
Coinbase International OPENAI-PERP-INTX