Funding arb · Price arb / Crypto
LIGHT
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2410 | +0.0100 | pay 0.0050% / 4h | 2h 48m | $12K | $131K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.2418 | +0.0100 | get 0.0050% / 4h | 2h 48m | $948K | $8.4M | — | Short BingX |
Price gap+0.345%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$25 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+$290.0000% /8h now · paid +0.288% over the last 7D
Price+$25spread +0.345% now, avg +0.098% → +0.247% if it goes back
Costs−$5565.563% of $10k · taker + slippage, in and out
Result−$503−5.03%+ 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+0.345%
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
3 ok · 3 to watch- Watch: Thin at this size276.7 / 39.7 bpAt $10k entering Variational Omni costs 276.7 bp, fee and slippage, 7.0× BingX’s.
- Note: Margin at max leverage$200 + —Variational Omni 50x, BingX —. 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 Variational Omni: 6 payments, −$3.00; short BingX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.345% vs +0.098%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$12K 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: KYCVariational Omni No · BingX YesAdvanced 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+0.345% → +0.098% (7d avg)+$24.69
Slippage, 4 orderslive order books−$546.33
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$502.86
Costs to cover5.563%Break-even129.3 days
Slippage: Variational Omni: RFQ quote, 10 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni8.26276.7 bp−$277524.6 bp−$5,246doesn’t fitdoesn’t fit
SELL · SHORTBingX6.2139.7 bp−$40134.6 bp−$1,346doesn’t fitdoesn’t fit
Closing costs about the same again.