Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.02023 | +0.0100 | pay 0.0050% / 4h | 1h 10m | $58K | $4K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.02027 | +0.0100 | get 0.0050% / 4h | 1h 10m | $3K | $927K | 20x | Short SunX≤10% back |
Price gap+0.191%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price—spread +0.191% now · no price history on both exchanges yet
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories
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+0.191%
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
3 ok · 2 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $500Variational Omni 50x, SunX 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: $0.00Long Variational Omni: 6 payments, −$3.00; short SunX: 6 payments, +$3.00.
- Note: No 7-day spread history+0.191%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$3K vs $58K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.191% → 0+$19.07
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Variational Omni bp × 2 orders$0.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Variational Omni: RFQ quote, 9 min ago; SunX: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni7.39106.0 bp−$106199.7 bp−$1,997doesn’t fitdoesn’t fit
SELL · SHORTSunX501.10doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

