Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.001999 | −0.4183 | get 0.0523% / 1h | 59m 38s | $35K | $312K | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.001998 | −0.1740 | pay 0.0870% / 4h | 3h 59m | $719K | $15.8M | 25x | Short Bitget |
Price gap−0.068%
Funding gap+0.2443% /8h
Funding trade: +$73 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$57+0.2443% /8h now · paid +0.566% over the last 7D
Price+$1spread −0.068% now, avg −0.082% → +0.014% if it goes back
Costs−$1971.972% of $10k · taker + slippage, in and out
Result−$139−1.39%+ 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 +0.566% in total, about +0.0269%/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−0.068%
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
1 ok · 4 to watch- Watch: Thin at this size56.6 / 41.3 bpAt $10k entering Variational Omni costs 56.6 bp, fee and slippage, 1.4× Bitget’s.
- Note: Margin at max leverage$200 + $400Variational Omni 50x, Bitget 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$73.30Long Variational Omni: 24 payments, +$125.50; short Bitget: 6 payments, −$52.20.
- Note: Gap at its usual level−0.068% vs −0.082%The price leg adds little either way.
- Watch: Long leg is thinner$35K vs $719K 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 · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0269%/8h × 21 periods+$56.57
Price spread−0.068% → −0.082% (7d avg)+$1.40
Slippage, 4 orderslive order books−$185.20
Fee Variational Omni bp × 2 orders$0.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$139.24
Costs to cover1.972%Break-even24.2 days
Slippage: Variational Omni: RFQ quote, 23 min ago; Bitget: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni14.7656.6 bp−$5798.4 bp−$984doesn’t fitdoesn’t fit
SELL · SHORTBitget2.5141.3 bp−$41180.5 bp−$1,805doesn’t fitdoesn’t fit
Closing costs about the same again.