Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2965 | +0.0100 | pay 0.0050% / 4h | 56m 20s | $550K | $51K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.2982 | +0.0100 | get 0.0050% / 4h | 56m 20s | $1.1M | $2.0M | 50x | Short KuCoin |
Price gap+0.571%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$45 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$530.0000% /8h now · paid −0.531% over the last 7D
Price+$45spread +0.571% now, avg +0.119% → +0.452% if it goes back
Costs−$2732.734% of $10k · taker + slippage, in and out
Result−$281−2.81%+ 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+0.571%
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 size114.5 / 29.0 bpAt $10k entering Variational Omni costs 114.5 bp, fee and slippage, 3.9× KuCoin’s.
- Note: Margin at max leverage$200 + $200Variational Omni 50x, KuCoin 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 Variational Omni: 6 payments, −$3.00; short KuCoin: 6 payments, +$3.00.
- OK: Entry gap works for you+0.571% vs +0.119%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$550K vs $1.1M 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 · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0253%/8h × 21 periods−$53.11
Price spread+0.571% → +0.119% (7d avg)+$45.19
Slippage, 4 orderslive order books−$261.40
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$281.32
Costs to cover2.734%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 17 min ago; KuCoin: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni5.05114.5 bp−$114220.5 bp−$2,205doesn’t fitdoesn’t fit
SELL · SHORTKuCoin1.6829.0 bp−$29468.5 bp−$4,685doesn’t fitdoesn’t fit
Closing costs about the same again.
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