Funding arb · Price arb / Crypto
LIGHT
All LIGHT markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2406 | +0.0100 | pay 0.0050% / 4h | 3h 47m | $948K | $8.4M | — | Long BingX | |
| SHORT | 0.2403 | +0.0100 | get 0.0050% / 4h | 3h 47m | $14K | $149K | 50x | Short Variational Omni+15% pts |
Price gap−0.129%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.034% under its 7d average: the price leg works against you, −$3 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$290.0000% /8h now · paid −0.288% over the last 7D
Price−$3spread −0.129% now, avg −0.095% → −0.034% if it goes back
Costs−$6846.835% of $10k · taker + slippage, in and out
Result−$716−7.16%+ Points / potential airdropVariational Omni: points · farm boardWhat 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−0.129%
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
/8hLIGHT on 11 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size40.5 / 240.0 bpAt $10k entering Variational Omni costs 240.0 bp, fee and slippage, 5.9× BingX’s.
- Note: Margin at max leverage— + $200BingX —, Variational Omni 50x. 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 BingX: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.129% vs −0.095%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$14K vs $948K 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: KYCBingX Yes · Variational Omni NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0137%/8h × 21 periods−$28.78
Price spread−0.129% → −0.095% (7d avg)−$3.38
Slippage, 4 orderslive order books−$673.51
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$715.66
Costs to cover6.835%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Variational Omni: RFQ quote, 15 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX6.1440.5 bp−$40143.1 bp−$1,431doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni8.21240.0 bp−$240451.4 bp−$4,514doesn’t fitdoesn’t fit
Closing costs about the same again.

