Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2542+0.0100pay 0.0050% / 4h18m 17s$114K$12K50xLong Variational Omni+15% pts
SHORT0.2539+0.0100get 0.0050% / 4h18m 17s$2.9M$822K50xShort Gate
Price gap−0.118%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$9 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$100.0000% /8h now · paid +0.097% over the last 7D
Price+$9spread −0.118% now, avg −0.205% → +0.087% if it goes back
Costs−$3803.795% of $10k · taker + slippage, in and out
Result−$361−3.61%+ Points / potential airdropVariational Omni: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.118%
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

/8h

SOON on 12 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size156.6 / 79.4 bp
    At $10k entering Variational Omni costs 156.6 bp, fee and slippage, 2.0× Gate’s.
  • Note: Margin at max leverage$200 + $200
    Variational Omni 50x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both 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 Gate: 6 payments, +$3.00.
  • OK: Entry gap works for you−0.118% vs −0.205%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$114K vs $2.9M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0046%/8h × 21 periods+$9.68
Price spread−0.118% → −0.205% (7d avg)+$8.73
Slippage, 4 orderslive order books−$364.53
Fee Variational Omni bp × 2 orders$0.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$361.13
Costs to cover3.795%Break-even268.2 days
Slippage: Variational Omni: RFQ quote, 26 min ago; Gate: live order book, 5 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni13.71156.6 bp−$157295.7 bp−$2,957doesn’t fitdoesn’t fit
SELL · SHORTGate5.8979.4 bp−$79doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

SOON news

posts that mention SOON, from every exchange
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