Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04147 | +0.0100 | pay 0.0050% / 4h | 3h 07m | $3K | $111K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.04061 | +0.0100 | get 0.0050% / 4h | 3h 07m | $2K | $915K | 20x | Short SunX≤10% back |
Price gap−2.075%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$13 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price+$13spread −2.075% now, avg −2.208% → +0.133% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$13+0.13%+ Points / potential airdropVariational Omni: points · farm boardcosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−2.075%
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
/8hARC on 14 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $500Variational Omni 50x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short SunX: 6 payments, +$3.00.
- OK: Entry gap works for you−2.075% vs −2.208%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $3K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−2.075% → −2.208% (7d avg)+$13.27
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Variational Omni bp × 2 orders$0.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Variational Omni: RFQ quote, 11 min ago; SunX: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni7.23839.0 bp−$8391639.3 bp−$16.4Kdoesn’t fitdoesn’t fit
SELL · SHORTSunX270.86doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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