Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07078 | +0.0100 | pay 0.0100% / 8h | 7h 10m | $1.4M | $349K | 25x | Long Bitget | |
| SHORT | 0.07078 | −0.0084 | pay 0.0084% / 8h | 7h 10m | $152K | $990 | 50x | Short Variational Omni+15% pts |
Price gap−0.002%
Funding gap−0.0184% /8h
The gap pays +$31 on $10k if it goes back to its 7d average, but funding costs $6 a day and eats that in about 5.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$27−0.0184% /8h now · paid −0.274% over the last 7D
Price+$31spread −0.002% now, avg −0.314% → +0.311% if it goes back
Costs−$1601.599% of $10k · taker + slippage, in and out
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−0.002%
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
/8hMANA on 13 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size21.7 / 46.2 bpAt $10k entering Variational Omni costs 46.2 bp, fee and slippage, 2.1× Bitget’s.
- Note: Margin at max leverage$400 + $200Bitget 25x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$5.52Long Bitget: 3 payments, −$3.00; short Variational Omni: 3 payments, −$2.52.
- OK: Entry gap works for you−0.002% vs −0.314%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$152K vs $1.4M 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: KYCBitget Yes · Variational Omni NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0131%/8h × 21 periods−$27.44
Price spread−0.002% → −0.314% (7d avg)+$31.14
Slippage, 4 orderslive order books−$147.86
Fee Bitget bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$156.16
Costs to cover1.599%Break-evennever at this rate
Slippage: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 31 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget5.1421.7 bp−$2249.3 bp−$493doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni7.8246.2 bp−$4681.7 bp−$817doesn’t fitdoesn’t fit
Closing costs about the same again.

