Settings8H · net · $10k
LanguageThe language of the site
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FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.6894+0.0030pay 0.0030% / 8h4h 02m$1.2M$22K50xLong Variational Omni+15% pts
SHORT0.6917+0.0021get 0.0003% / 1h2m 50s$25K$181K50xShort TxFlow5% off
Price gap+0.332%
Funding gap−0.0009% /8h

The gap pays +$29 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 4 months.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$12−0.0009% /8h now · paid +0.118% over the last 7D
Price+$29spread +0.332% now, avg +0.037% → +0.295% if it goes back
Costs−$450.445% of $10k · taker + slippage, in and out
Result−$3−0.03%+ Points / potential airdropVariational Omni: points · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.332%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

APT on 31 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Large against open interest11.6 / 9.4 bp
    $10k is over 10% of TxFlow’s open interest.
  • Note: Margin at max leverage$200 + $200
    Variational Omni 50x, TxFlow 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$0.28Long Variational Omni: 3 payments, −$0.91; short TxFlow: 24 payments, +$0.63.
  • OK: Entry gap works for you+0.332% vs +0.037%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$25K vs $1.2M OI
    TxFlow sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · TxFlow points
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · TxFlow No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0056%/8h × 21 periods+$11.77
Price spread+0.332% → +0.037% (7d avg)+$29.47
Slippage, 4 orderslive order books−$35.51
Fee Variational Omni bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$3.26
Costs to cover0.445%Break-even8.9 days
Slippage: Variational Omni: RFQ quote, 1 min ago; TxFlow: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni5.0711.6 bp−$1218.1 bp−$181doesn’t fitdoesn’t fit
SELL · SHORTTxFlow0.729.4 bp−$924.4 bp−$244116.6 bp−$11.7Kdoesn’t fit

Closing costs about the same again.

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