SOPH

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	OKXSOPH-USDT-SWAP	0.001639	−0.2689	get 0.0672% / 2h	52m 33s	$845K	$46.6M	10x	Long OKX
SHORT	Variational OmniSOPHON	0.001648	+0.0100	get 0.0012% / 1h	52m 33s	$20K	$372K	50x	Short Variational Omni+15% pts

Price gap+0.547%

Funding gap+0.2789% /8h

Both sides work: funding pays +$84 a day on $10k, and the gap is 0.500% above its 7d average: +$50 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$39+0.2789% /8h now · paid −0.386% over the last 7D

Price+$50spread +0.547% now, avg +0.047% → +0.500% if it goes back

Costs−$4134.133% of $10k · taker + slippage, in and out

Result−$402−4.02%+ 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 −0.386% in total, about −0.0184%/8h on average.

Price and funding

1h · history

Entry / 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+0.547%

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

SOPH on 10 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

Watch: Thin at this size61.9 / 130.1 bp
At $10k entering Variational Omni costs 130.1 bp, fee and slippage, 2.1× OKX’s.
Note: Margin at max leverage$1,000 + $200
OKX 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ2h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: +$83.66Long OKX: 12 payments, +$80.66; short Variational Omni: 24 payments, +$3.00.
OK: Entry gap works for you+0.547% vs +0.047%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$20K vs $845K 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: KYCOKX Yes · Variational Omni No
Advanced verification before trading, deposits or withdrawals.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0184%/8h × 21 periods−$38.64

Price spread+0.547% → +0.047% (7d avg)+$50.01

Slippage, 4 orderslive order books−$403.31

Fee OKX bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$401.94

Costs to cover4.133%Break-evennever at this rate

Slippage: OKX: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGOKX3.0761.9 bp−$62388.1 bp−$3,881doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni12.10130.1 bp−$130248.0 bp−$2,480doesn’t fitdoesn’t fit

Closing costs about the same again.