Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01892 | −0.0661 | get 0.0331% / 4h | 1h 33m | $839K | $1.5M | 20x | Long OKX | |
| SHORT | 0.01888 | +0.0100 | get 0.0050% / 4h | 1h 33m | $52K | $5K | 50x | Short Variational Omni+15% pts |
Price gap−0.200%
Funding gap+0.0761% /8h
Funding pays +$23 a day on $10k, but the gap is 0.200% under zero (no 7-day history yet): −$20 if it goes back, about 21 hours of funding. At the last 7 days' pace that is about 4.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$29+0.0761% /8h now · paid +0.294% over the last 7D
Price—spread −0.200% now · no price history on both exchanges yet
Costs−$4034.027% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.294% in total, about +0.0140%/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−0.200%
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
/8hSENT on 12 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size23.9 / 188.8 bpAt $10k entering Variational Omni costs 188.8 bp, fee and slippage, 7.9× OKX’s.
- Note: Margin at max leverage$500 + $200OKX 20x, Variational Omni 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: +$22.83Long OKX: 6 payments, +$19.83; short Variational Omni: 6 payments, +$3.00.
- Note: No 7-day spread history−0.200%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$52K vs $839K 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: KYCOKX Yes · Variational Omni NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0140%/8h × 21 periods+$29.44
Price spread−0.200% → 0−$19.99
Slippage, 4 orderslive order books−$392.73
Fee OKX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$393.28
Costs to cover4.027%Break-even100.5 days
Slippage: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 19 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX2.6423.9 bp−$241329.3 bp−$13.3K95324.6 bp−$9.53Mdoesn’t fit
SELL · SHORTVariational Omni7.98188.8 bp−$189348.3 bp−$3,483doesn’t fitdoesn’t fit
Closing costs about the same again.

