Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.002152 | −0.2225 | get 0.1113% / 4h | 3h 06m | $5.2M | $113.5M | 10x | Long Binance | |
| SHORT | 0.002159 | −0.0789 | pay 0.0099% / 1h | 6m 53s | $37K | $299K | 50x | Short Variational Omni+15% pts |
Price gap+0.345%
Funding gap+0.1436% /8h
Both sides work: funding pays +$43 a day on $10k, and the gap is 0.454% above its 7d average: +$45 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$27+0.1436% /8h now · paid +0.268% over the last 7D
Price+$45spread +0.345% now, avg −0.109% → +0.454% if it goes back
Costs−$1741.741% of $10k · taker + slippage, in and out
Result−$102−1.02%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.268% in total, about +0.0128%/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+0.345%
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
/8hSOPH on 10 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size17.7 / 64.8 bpAt $10k entering Variational Omni costs 64.8 bp, fee and slippage, 3.7× Binance’s.
- Note: Margin at max leverage$1,000 + $200Binance 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$43.09Long Binance: 6 payments, +$66.76; short Variational Omni: 24 payments, −$23.67.
- OK: Entry gap works for you+0.345% vs −0.109%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$37K vs $5.2M 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: KYCBinance Yes · Variational Omni NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0128%/8h × 21 periods+$26.80
Price spread+0.345% → −0.109% (7d avg)+$45.43
Slippage, 4 orderslive order books−$164.15
Fee Binance bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$101.92
Costs to cover1.741%Break-even33.6 days
Slippage: Binance: live order book, just now; Variational Omni: RFQ quote, just nowCost to enter
taker + slippage from mid, one sideBUY · LONGBinance2.3317.7 bp−$1894.4 bp−$944doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni11.5864.8 bp−$65118.1 bp−$1,181doesn’t fitdoesn’t fit
Closing costs about the same again.