Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.3166 | +0.0100 | pay 0.0050% / 4h | 1h 11m | $562K | $85K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.3178 | −0.0198 | pay 0.0099% / 4h | 1h 11m | $263K | $219K | 50x | Short Gate |
Price gap+0.388%
Funding gap−0.0298% /8h
The gap pays +$27 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 3.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$44−0.0298% /8h now · paid −0.437% over the last 7D
Price+$27spread +0.388% now, avg +0.114% → +0.273% if it goes back
Costs−$2632.625% of $10k · taker + slippage, in and out
Result−$279−2.79%+ 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+0.388%
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 size116.7 / 28.0 bpAt $10k entering Variational Omni costs 116.7 bp, fee and slippage, 4.2× Gate’s.
- Note: Margin at max leverage$200 + $200Variational Omni 50x, Gate 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: −$8.94Long Variational Omni: 6 payments, −$3.00; short Gate: 6 payments, −$5.94.
- OK: Entry gap works for you+0.388% vs +0.114%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$263K vs $562K OIGate 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0208%/8h × 21 periods−$43.66
Price spread+0.388% → +0.114% (7d avg)+$27.33
Slippage, 4 orderslive order books−$247.52
Fee Variational Omni bp × 2 orders$0.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$278.86
Costs to cover2.625%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 9 min ago; Gate: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni6.31116.7 bp−$117227.1 bp−$2,271doesn’t fitdoesn’t fit
SELL · SHORTGate4.7228.0 bp−$28doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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