BTC funding arbitrage: bybit vs variational

Long BTCPERP on bybit against short BTC on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitBTCPERP0.0062% / 8h+6.83%$59.81M$66.91M
ShortvariationalBTC0.0097% / 8h+10.64%$334.28M$327.16M

Funding spread +3.81% APR. Price spread -0.0067%.

Data generated at 2026-09-01T05:32:47Z. Live numbers load on this page automatically.