Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.7186 | +0.0221 | pay 0.0028% / 1h | 52m 21s | $468K | $3.9M | 5x | Long Arcus5% off | |
| SHORT | 3.7180 | +0.0100 | get 0.0050% / 4h | 3h 52m | $7.8M | $6.1M | 50x | Short Variational Omni+15% pts |
Price gap−0.015%
Funding gap−0.0121% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $4 a day and eats that in about 2.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$22−0.0121% /8h now · paid −0.219% over the last 7D
Price+$8spread −0.015% now, avg −0.091% → +0.075% if it goes back
Costs−$560.558% of $10k · taker + slippage, in and out
Result−$70−0.70%+ Points / potential airdropArcus: points · Variational 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−0.015%
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
/8hLIT on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size7.2 / 20.1 bpAt $10k entering Variational Omni costs 20.1 bp, fee and slippage, 2.8× Arcus’s.
- Note: Margin at max leverage$2,000 + $200Arcus 5x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.62Long Arcus: 24 payments, −$6.62; short Variational Omni: 6 payments, +$3.00.
- OK: Entry gap works for you−0.015% vs −0.091%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$468K vs $7.8M OIArcus sets your exit cost. Check its book before closing.
- OK: Points on a legArcus points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0104%/8h × 21 periods−$21.87
Price spread−0.015% → −0.091% (7d avg)+$7.51
Slippage, 4 orderslive order books−$51.28
Fee Arcus bp × 2 orders−$4.50
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$70.14
Costs to cover0.558%Break-evennever at this rate
Slippage: Arcus: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus2.557.2 bp−$711.4 bp−$114doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.0720.1 bp−$2036.0 bp−$360doesn’t fitdoesn’t fit
Closing costs about the same again.
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