Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3130 | +0.0100 | pay 0.0050% / 4h | 3h 19m | $571K | $75K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.3138 | −0.0082 | pay 0.0041% / 4h | 3h 19m | $904K | $2.3M | — | Short BingX |
Price gap+0.257%
Funding gap−0.0182% /8h
The gap pays +$18 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 3.3 days. At the last 7 days' pace that is about 13 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0182% /8h now · paid −0.093% over the last 7D
Price+$18spread +0.257% now, avg +0.079% → +0.178% if it goes back
Costs−$2592.595% of $10k · taker + slippage, in and out
Result−$251−2.51%+ 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+0.257%
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- Watch: Thin at this size122.7 / 15.8 bpAt $10k entering Variational Omni costs 122.7 bp, fee and slippage, 7.8× BingX’s.
- Note: Margin at max leverage$200 + —Variational Omni 50x, BingX —. 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: −$5.46Long Variational Omni: 6 payments, −$3.00; short BingX: 6 payments, −$2.46.
- OK: Entry gap works for you+0.257% vs +0.079%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$571K vs $904K 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: KYCVariational Omni No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0044%/8h × 21 periods−$9.31
Price spread+0.257% → +0.079% (7d avg)+$17.78
Slippage, 4 orderslive order books−$249.49
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$251.02
Costs to cover2.595%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 10 min ago; BingX: live order book, 20 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni6.46122.7 bp−$123235.6 bp−$2,356doesn’t fitdoesn’t fit
SELL · SHORTBingX1.6315.8 bp−$1657.2 bp−$572doesn’t fitdoesn’t fit
Closing costs about the same again.
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