Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04933 | +0.0100 | pay 0.0100% / 8h | 4h 05m | $511K | $89K | 25x | Long Gate | |
| SHORT | 0.04932 | +0.0100 | get 0.0100% / 8h | 4h 05m | $120K | $11K | 50x | Short 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 forecastFunding+$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
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−0.020%
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
/8hCRO on 13 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size48.9 / 42.8 bpAt $10k entering Gate costs 48.9 bp, fee and slippage, 1.1× Variational Omni’s.
- Note: Margin at max leverage$400 + $200Gate 25x, Variational Omni 50x. 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: $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 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: KYCGate Yes · Variational Omni NoKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.

