Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.04933+0.0100pay 0.0100% / 8h4h 05m$511K$89K25xLong Gate
SHORT0.04932+0.0100get 0.0100% / 8h4h 05m$120K$11K50xShort Variational Omni+15% pts
Price gap−0.020%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$7 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 forecast
Funding+$150.0000% /8h now · paid +0.149% over the last 7D
Price+$7spread −0.020% now, avg −0.095% → +0.075% if it goes back
Costs−$1811.815% of $10k · taker + slippage, in and out
Result−$159−1.59%+ Points / potential airdropVariational Omni: points · farm board

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−0.020%
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

CRO on 13 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size48.9 / 42.8 bp
    At $10k entering Gate costs 48.9 bp, fee and slippage, 1.1× Variational Omni’s.
  • Note: Margin at max leverage$400 + $200
    Gate 25x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 3 payments, −$3.00; short Variational Omni: 3 payments, +$3.00.
  • OK: Entry gap works for you−0.020% vs −0.095%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$120K vs $511K OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · Variational Omni No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0071%/8h × 21 periods+$14.86
Price spread−0.020% → −0.095% (7d avg)+$7.49
Slippage, 4 orderslive order books−$166.45
Fee Gate bp × 2 orders−$15.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$159.11
Costs to cover1.815%Break-even82.0 days
Slippage: Gate: live order book, 18 min ago; Variational Omni: RFQ quote, 21 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate5.1048.9 bp−$49doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.1042.8 bp−$4372.4 bp−$724doesn’t fitdoesn’t fit

Closing costs about the same again.

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