Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005615 | +0.0100 | pay 0.0013% / 1h | 52m 20s | $210K | $5.4M | 10x | Long Arcus5% off | |
| SHORT | 0.005615 | −0.0060 | pay 0.0030% / 4h | 3h 52m | $6.7M | $22.6M | 50x | Short Variational Omni+15% pts |
Price gap−0.004%
Funding gap−0.0160% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 2.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$24−0.0160% /8h now · paid −0.244% over the last 7D
Price+$10spread −0.004% now, avg −0.107% → +0.103% if it goes back
Costs−$360.358% of $10k · taker + slippage, in and out
Result−$50−0.50%+ Points / potential airdropArcus: points · Variational 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−0.004%
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
/8hPUMP on 47 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books6.6 / 10.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $200Arcus 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.81Long Arcus: 24 payments, −$3.00; short Variational Omni: 6 payments, −$1.81.
- OK: Entry gap works for you−0.004% vs −0.107%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$210K vs $6.7M OIArcus sets your exit cost. Check its book before closing.
- OK: Points on a legArcus points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legArcus No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0116%/8h × 21 periods−$24.38
Price spread−0.004% → −0.107% (7d avg)+$10.30
Slippage, 4 orderslive order books−$31.30
Fee Arcus bp × 2 orders−$4.50
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$49.88
Costs to cover0.358%Break-evennever at this rate
Slippage: Arcus: live order book, 6 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus1.776.6 bp−$715.4 bp−$154doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.4610.7 bp−$1115.2 bp−$15252.6 bp−$5,259doesn’t fit
Closing costs about the same again.
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