Funding you earn now, next payment 04:00 UTC−0.2470%/8h= −270.5% APRnext payment −$12.35 per $10,000 · paid last 24h −0.228%
Price spread now: Variational Omni against BingX−0.384%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$74 a day on $10k at the current rate, and Variational Omni is 0.384% cheaper against BingX than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BITLIGHT-USDT | 0.1820 | 0.2570 | pay 0.1285% / 4h | 3h 49m | — | $6.6M | — |
| Short | Variational Omni BITLIGHT | 0.1813 | 0.0100 | get 0.0050% / 4h | 3h 49m | $1K | $1K | — |
BingX BITLIGHT-USDT
Variational Omni BITLIGHTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$518.7
- Price spread: −0.384% → 0.000%
- −$38.36
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$567.06
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: BingX: live order book, 7 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 7 min ago | 5.50 bp | 29.5 bp −$30 | 131.6 bp −$1,316 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BITLIGHT on 2 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BITLIGHTshort | +0.0100% | 4h | 0.1813 | −0.384% | $1K | $1K | — | |
| BingX BITLIGHT-USDTlong | +0.2570% | 4h | 0.1820 | long leg | — | $6.6M | — |