ETH funding arbitrage: bybit vs variational

Long ETHPERP on bybit against short ETH on variational.

SideExchangeSymbolFundingFunding APR24h volumeOpen interest
LongbybitETHPERP0.0085% / 8h+9.26%$15.02M$18.40M
ShortvariationalETH0.0089% / 8h+9.71%$196.28M$254.44M

Funding spread +0.45% APR. Price spread -0.0105%.

Data generated at 2026-09-01T05:32:54Z. Live numbers load on this page automatically.