Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3160 | −0.0060 | get 0.0030% / 4h | 2h 21m | $731K | $519K | 25x | Long Bitget | |
| SHORT | 0.3149 | +0.0100 | get 0.0050% / 4h | 2h 21m | $560K | $84K | 50x | Short Variational Omni+15% pts |
Price gap−0.351%
Funding gap+0.0160% /8h
Funding pays +$5 a day on $10k, but the gap is 0.253% under its 7d average: −$25 if it goes back, about 5.3 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$34+0.0160% /8h now · paid +0.337% over the last 7D
Price−$25spread −0.351% now, avg −0.098% → −0.253% if it goes back
Costs−$2422.422% of $10k · taker + slippage, in and out
Result−$234−2.34%+ 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−0.351%
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
/8hMET on 21 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size19.3 / 84.2 bpAt $10k entering Variational Omni costs 84.2 bp, fee and slippage, 4.4× 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$4.80Long Bitget: 6 payments, +$1.80; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.351% vs −0.098%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$560K vs $731K 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+0.0161%/8h × 21 periods+$33.72
Price spread−0.351% → −0.098% (7d avg)−$25.26
Slippage, 4 orderslive order books−$230.17
Fee Bitget bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$233.71
Costs to cover2.422%Break-even55.5 days
Slippage: Bitget: live order book, 42 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget6.4019.3 bp−$1968.7 bp−$687doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni7.9484.2 bp−$84157.2 bp−$1,572doesn’t fitdoesn’t fit
Closing costs about the same again.
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