Settings8H · net · $10k
Funding arb · Price arb /

PUNDIX

all PUNDIX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment $0.15 per $10,000 · paid last 24h −0.009%
Price spread now: BingX against Variational Omni−0.225%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.225% cheaper against Variational Omni than usual: you would sell low and buy high (−$22 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni PUNDIX0.11770.0100pay 0.0050% / 4h2h 05m$2K$57K
ShortBingX PUNDIX-USDT0.11740.0070get 0.0035% / 4h2h 05m$1.2M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$6.3
Price spread: −0.225% → 0.000%
−$22.47
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
−$38.77
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell BingX live order book, 5 min ago2.55 bp36.4 bp −$36126.4 bp −$1,264605.7 bp −$60.6K1123.6 bp −$561.8K
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PUNDIX on 7 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PUNDIX-USDTshort+0.0070%4h0.1174−0.225%$1.2M
Binance PUNDIXUSDT+0.0100%4h0.1175−0.176%$1.4M$1.8M50xas long as short
Bybit PUNDIXUSDT+0.0100%4h0.1177−0.004%$757K$453K20xas long as short
Gate PUNDIX_USDT+0.0100%4h0.1173−0.310%$37K$9K20xas long as short
MEXC PUNDIX_USDT+0.0100%4h0.1174−0.182%$2.4M$106K50xas long as short
Bitget PUNDIXUSDT+0.0100%4h0.1174−0.208%$236K$235K20xas long as short
Variational Omni PUNDIXlong+0.0100%4h0.1177long leg$2K$57K