Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000005051 | +0.0100 | pay 0.0100% / 8h | 6h 53m | $768K | $5.1M | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.000005082 | −0.1104 | pay 0.1104% / 8h | 6h 53m | $1.2M | $2.6M | 10x | Short GRVT |
Price gap+0.601%
Funding gap−0.1204% /8h
The gap pays +$37 on $10k if it goes back to its 7d average, but funding costs $36 a day and eats that in about 25 hours. At the last 7 days' pace that is about 19 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13−0.1204% /8h now · paid −0.135% over the last 7D
Price+$37spread +0.601% now, avg +0.233% → +0.369% if it goes back
Costs−$460.462% of $10k · taker + slippage, in and out
Result−$23−0.23%+ Points / potential airdropVariational Omni: points · GRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.135% in total, about −0.0064%/8h on average.
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+0.601%
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
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
5 ok · 1 to watch- OK: Fits both order books13.9 / 9.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$36.12Long Variational Omni: 3 payments, −$3.00; short GRVT: 3 payments, −$33.12.
- OK: Entry gap works for you+0.601% vs +0.233%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$768K vs $1.2M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · GRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · GRVT NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0064%/8h × 21 periods−$13.47
Price spread+0.601% → +0.233% (7d avg)+$36.88
Slippage, 4 orderslive order books−$37.19
Fee Variational Omni bp × 2 orders$0.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$22.78
Costs to cover0.462%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 5 min ago; GRVT: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.9613.9 bp−$1422.8 bp−$228doesn’t fitdoesn’t fit
SELL · SHORTGRVT2.079.1 bp−$918.5 bp−$185doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 16:00 | OKX | Other | Europe, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗ |
| 10-22 06:00 | KuCoin | Other | Fresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗ |
| 09-28 17:53 | Phoenix | Listing | Now live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗ |
| 09-24 15:00 | Phoenix | Listing | new market kPEPE ($PEPE) seen by our collector |
| 09-23 09:30 | Phemex | Other | BTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗ |


OKX
KuCoin
Phoenix
Phemex