Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2970 | +0.0100 | pay 0.0050% / 4h | 3h 59m | $2K | $801K | 20x | Long SunX≤10% back | |
| SHORT | 0.2965 | +0.0100 | get 0.0050% / 4h | 3h 59m | $545K | $59K | 50x | Short Variational Omni+15% pts |
Price gap−0.171%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.022% under its 7d average: the price leg works against you, −$2 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price−$2spread −0.171% now, avg −0.149% → −0.022% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$2−0.02%+ Points / potential airdropVariational Omni: points · farm boardcosts unknown: book too thin at $10k · What 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−0.171%
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
3 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $200SunX 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: $0.00Long SunX: 6 payments, −$3.00; short Variational Omni: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.171% vs −0.149%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$2K vs $545K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−0.171% → −0.149% (7d avg)−$2.18
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 45 min ago; Variational Omni: RFQ quote, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX498.16doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.0590.9 bp−$91169.9 bp−$1,699doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-10 00:13 | Orderly | Listing | new market PERP_MET_USDC_mythos ($MET) seen by our collector |
| 10-09 09:44 | edgeX | Listing | new market METUSDC ($MET) seen by our collector |
| 10-09 08:46 | edgeX | Listing | New Crypto Perp Listings on edgeX $STRK ZK rollup scaling network on Ethereum. $MET Liquidity and DEX protocol on Solana. Trade on Arc. Unlock Triple Rewards. @edgeX_exchange on X ↗ |
| 10-08 18:00 | Binance | Contest | Nice to MET you. The MET Trading Tournament is live, with up to 400 BNB in token vouchers to share. Join now → @binance on X ↗ |
| 09-28 15:16 | Phoenix | Contest | It’s Solana Ecosystem week on Frontier Traders. Trade SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, and FARTCOIN perpetuals on Phoenix to compete for a $25,000 prize pool across Volume and PnL leaderboards. @PhoenixTrade on X ↗ |
| 09-25 14:48 | Phoenix | Contest | $SOL went up, and so did the rewards. Earn an additional $25k in rewards for trading @solana ecosystem tokens on Phoenix this week, courtesy of @joinfrontier SOL, JUP, PUMP, SKR, MET, ANSEM, STONK, JTO, FART @PhoenixTrade on X ↗ |


edgeX
Binance
Phoenix