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 | 0.2417 | +0.0100 | get 0.0100% / 8h | 6h 48m | $1.7M | $5.6M | 10x | Short Gate |
Price gap+0.303%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$30 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$00.0000% /8h now · paid 0.000% over the last 7D
Price+$30spread +0.303% now, avg +0.002% → +0.301% if it goes back
Costs−$7407.402% of $10k · taker + slippage, in and out
Result−$710−7.10%+ 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+0.303%
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 size276.7 / 90.7 bpAt $10k entering Variational Omni costs 276.7 bp, fee and slippage, 3.1× Gate’s.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, Gate 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long Variational Omni: 6 payments, −$3.00; short Gate: 3 payments, +$3.00.
- OK: Entry gap works for you+0.303% vs +0.002%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$12K vs $1.7M 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 · Gate YesKYC 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 earned0.0000%/8h × 21 periods$0.00
Price spread+0.303% → +0.002% (7d avg)+$30.13
Slippage, 4 orderslive order books−$725.15
Fee Variational Omni bp × 2 orders$0.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$710.02
Costs to cover7.402%Break-even382012358979721344.0 days
Slippage: Variational Omni: RFQ quote, 10 min ago; Gate: live order book, 4 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 · SHORTGate4.1490.7 bp−$91doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.