Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.01900 | +0.0100 | pay 0.0050% / 4h | 2h 12m | $52K | $5K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.01900 | −0.0684 | pay 0.0342% / 4h | 2h 12m | $843K | $1.5M | 20x | Short OKX |
Price gap+0.005%
Funding gap−0.0784% /8h
Funding costs $24 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$29−0.0784% /8h now · paid −0.294% over the last 7D
Price—spread +0.005% now · no price history on both exchanges yet
Costs−$4174.173% of $10k · taker + slippage, in and out
The current funding rate is far below 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+0.005%
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 size169.8 / 33.5 bpAt $10k entering Variational Omni costs 169.8 bp, fee and slippage, 5.1× OKX’s.
- Note: Margin at max leverage$200 + $500Variational Omni 50x, OKX 20x. 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: −$23.51Long Variational Omni: 6 payments, −$3.00; short OKX: 6 payments, −$20.51.
- Note: No 7-day spread history+0.005%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$52K vs $843K 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: KYCVariational Omni No · OKX YesAdvanced 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+0.005% → 0+$0.54
Slippage, 4 orderslive order books−$407.26
Fee Variational Omni bp × 2 orders$0.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k−$446.15
Costs to cover4.173%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 46 min ago; OKX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni10.61169.8 bp−$170323.6 bp−$3,236doesn’t fitdoesn’t fit
SELL · SHORTOKX2.6333.5 bp−$34doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

