Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.07870 | +0.0100 | pay 0.0050% / 4h | 2h 34m | $402K | $275K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.07908 | +0.0100 | get 0.0050% / 4h | 2h 34m | $1K | $121K | 10x | Short SunX≤10% back |
Price gap+0.480%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$66 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−$20.0000% /8h now · paid −0.016% over the last 6 days (all we have)
Price+$66spread +0.480% now, avg −0.177% → +0.657% if it goes back
Costs−$2102.097% of $10k · taker + slippage, in and out
Result−$146−1.46%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
SunX price against Variational Omninow
RANGE STATS · 7D
Now+0.480%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hNIL on 14 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size61.1 / 40.1 bpAt $10k entering Variational Omni costs 61.1 bp, fee and slippage, 1.5× SunX’s.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, SunX 10x. 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 SunX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.480% vs −0.177%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$1K vs $402K 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 legVariational Omni No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0009%/8h × 21 periods−$1.90
Price spread+0.480% → −0.177% (7d avg)+$65.67
Slippage, 4 orderslive order books−$201.66
Fee Variational Omni bp × 2 orders$0.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$145.89
Costs to cover2.097%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 10 min ago; SunX: live order book, 24 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.4561.1 bp−$61107.5 bp−$1,075doesn’t fitdoesn’t fit
SELL · SHORTSunX26.8140.1 bp−$40doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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