BTC funding arbitrage: bybit vs variational

Long BTCUSDT on bybit against short BTC on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitBTCUSDT0.0095% / 8h+10.43%$4.77B$2.10B
ShortvariationalBTC0.0097% / 8h+10.64%$334.28M$327.16M

Funding spread +0.21% APR. Price spread -0.0428%.

Data generated at 2026-09-01T05:32:58Z. Live numbers load on this page automatically.