Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2542 | +0.0100 | pay 0.0050% / 4h | 18m 17s | $114K | $12K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.2539 | +0.0100 | get 0.0050% / 4h | 18m 17s | $2.9M | $822K | 50x | Short 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 forecastFunding+$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
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−0.118%
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
/8hSOON on 12 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size156.6 / 79.4 bpAt $10k entering Variational Omni costs 156.6 bp, fee and slippage, 2.0× Gate’s.
- Note: Margin at max leverage$200 + $200Variational Omni 50x, Gate 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: $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 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 · Gate YesKYC before the futures account opens; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding 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 agoCost to enter
taker + slippage from mid, one sideBUY · 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.
SOON news
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