Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 75,751 | +0.0096 | pay 0.0096% / 8h | 4h 05m | $163.4M | $640.6M | 50x | Long Variational Omni+15% pts | |
| SHORT | 75,859.9 | +0.0055 | get 0.0055% / 8h | 4h 05m | $7.19B | $21.05B | 150x | Short Binance |
Price gap+0.144%
Funding gap−0.0041% /8h
Funding costs $1 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$1−0.0041% /8h now · paid −0.009% over the last 7D
Price+$2spread +0.144% now, avg +0.127% → +0.017% if it goes back
Costs−$110.111% of $10k · taker + slippage, in and out
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+0.144%
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
/8hBTC on 55 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- OK: Fits both order books0.5 / 5.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $67Variational Omni 50x, Binance 150x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.24Long Variational Omni: 3 payments, −$2.89; short Binance: 3 payments, +$1.64.
- Note: Gap at its usual level+0.144% vs +0.127%The price leg adds little either way.
- Watch: Long leg is thinner$163.4M vs $7.19B OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCVariational Omni No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0004%/8h × 21 periods−$0.85
Price spread+0.144% → +0.127% (7d avg)+$1.67
Slippage, 4 orderslive order books−$1.06
Fee Variational Omni bp × 2 orders$0.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$10.24
Costs to cover0.111%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 1 min ago; Binance: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni0.520.5 bp−$10.5 bp−$51.3 bp−$131doesn’t fit
SELL · SHORTBinance0.015.0 bp−$55.0 bp−$505.1 bp−$5116.6 bp−$3,309
Closing costs about the same again.
BTC news
posts that mention BTC, from every exchange| 11-06 03:30 | KuCoin | Other | Your BTC plans: Long-term. 📈 Your liquidity needs: Right now. ⚡ Who says you have to choose? With KuCoin Crypto Loan, use your crypto as collateral to access liquidity without selling your holdings. 🔗 @kucoincom on X ↗ |
| 11-06 02:50 | Derive | Other | GM BTC dumps to $76k → Derive BTC options volume surges 124%. $231M traded yesterday, $189M of it options, BTC options alone: $135M. Volatility is traded on Derive 🔥🐴 @DeriveXYZ on X ↗ |
| 11-06 02:30 | MEXC | Other | Market mood changed fast. 👀 🔴 Crypto got hit 🔴 AI stocks got hit 🔴 Leverage got flushed What turns the mood first: $BTC bouncing or tech catching a bid? @MEXC on X ↗ |
| 11-06 00:13 | GMX | Other | One month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗ |
| 11-05 22:36 | Deribit | Other | 🚨 Options Expiry Alert 🚨 At 08:00 UTC Friday, ~$2.86B in BTC and ETH options are set to expire on Deribit. $BTC: ~$2.64B notional | P/C: 0.38 | Max Pain: $79K $ETH: ~$224.5M notional | P/C: 1.27 | Max Pain: $2.35K BTC positioning is heavily call-weighted, with notable concentrations at $82K and $85K. ETH shows the opposite, with puts outweighing calls and significant put interest around $2.1K. Track the full breakdown ↓ @DeribitOfficial on X ↗ |
| 11-05 21:00 | MEXC | Other | $BTC did $75K → $80K in hours. No big news. No major buyers. ETFs were actually bleeding $1.16B. Watch the full breakdown of why. 👇 Markets are moving. Long or short from here? @MEXC on X ↗ |


KuCoin
Derive
MEXC
GMX
Deribit