Funding you earn now, next payment 00:00 UTC+0.0292%/8h= +32.0% APRnext payment +$1.46 per $10,000 · paid last 24h +0.059%
Price spread now: BingX against Variational Omni−0.440%7-day average +0.016% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.092%+$9 on $10k
+Price spread, last 7 days+0.440%+$44 · spread now −0.440%, 7d avg +0.016%
=Together, before fees+0.532%+ Points / potential airdropVariational Omni: Active · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. BingX is 0.456% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.440% now, against its 7-day average of +0.016%). If the spread goes back, that is −$46 on $10k: about 5.2 days of funding at the current rate (+$9 a day). At the pace of the last 3 days (+0.092% in total) that is about 16 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.092% in total (about 10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni LIGHTER | 4.7291 | −0.0192 | get 0.0096% / 4h | 1h 50m | $9.0M | $7.8M | — |
| Short | BingX LIGHTER-USDT | 4.7083 | 0.0100 | get 0.0050% / 4h | 1h 50m | — | $7.6M | — |
Variational Omni LIGHTER
BingX LIGHTER-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $61.29
- Price spread: −0.440% → +0.016%
- −$45.55
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $5.74
- Costs to cover
- 0.100%
- Break-even
- 6.3 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; BingX: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 4 min ago | 3.77 bp | doesn't fit | 52.3 bp −$523 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.44 bp | 14.2 bp −$14 | 27.0 bp −$270 | 85.9 bp −$8,586 | 430.8 bp −$215.4K |
LIGHTER on 2 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni LIGHTERlong | −0.0192% | 4h | 4.7291 | long leg | $9.0M | $7.8M | — | |
| BingX LIGHTER-USDTshort | +0.0100% | 4h | 4.7083 | −0.440% | — | $7.6M | — |