Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3158 | −0.0167 | get 0.0083% / 4h | 2h 20m | $1.7M | $2.7M | 20x | Long OKX | |
| SHORT | 0.3149 | +0.0100 | get 0.0050% / 4h | 2h 20m | $560K | $84K | 50x | Short Variational Omni+15% pts |
Price gap−0.288%
Funding gap+0.0267% /8h
Funding pays +$8 a day on $10k, but the gap is 0.175% under its 7d average: −$18 if it goes back, about 2.2 days of funding. At the last 7 days' pace that is about 6.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$19+0.0267% /8h now · paid +0.189% over the last 7D
Price−$18spread −0.288% now, avg −0.113% → −0.175% if it goes back
Costs−$2392.387% of $10k · taker + slippage, in and out
Result−$237−2.37%+ 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−0.288%
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 size20.4 / 84.2 bpAt $10k entering Variational Omni costs 84.2 bp, fee and slippage, 4.1× OKX’s.
- Note: Margin at max leverage$500 + $200OKX 20x, 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: +$8.01Long OKX: 6 payments, +$5.01; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.288% vs −0.113%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 $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: KYCOKX Yes · Variational Omni NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0090%/8h × 21 periods+$18.86
Price spread−0.288% → −0.113% (7d avg)−$17.50
Slippage, 4 orderslive order books−$228.73
Fee OKX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$237.37
Costs to cover2.387%Break-even95.1 days
Slippage: OKX: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX1.5920.4 bp−$20doesn’t fitdoesn’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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