Funding arb · Price arb / Crypto
USELESS
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| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2473 | +0.0100 | pay 0.0050% / 4h | 1h 28m | $1.2M | $1.3M | 50x | Long Variational Omni+15% pts | |
| SHORT | 0.2479 | +0.0800 | get 0.0100% / 1h | 28m 37s | $262K | $1.7M | 10x | Short Arcus5% off |
Price gap+0.271%
Funding gap+0.0700% /8h
Both sides work: funding pays +$21 a day on $10k, and the gap is 0.138% above its 7d average: +$14 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$63+0.0700% /8h now · paid +0.633% over the last 5 days (all we have)
Price+$14spread +0.271% now, avg +0.133% → +0.138% if it goes back
Costs−$810.813% of $10k · taker + slippage, in and out
Result−$4−0.04%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Arcus price against Variational Omninow
RANGE STATS · 7D
Now+0.271%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size28.3 / 5.1 bpAt $10k entering Variational Omni costs 28.3 bp, fee and slippage, 5.6× Arcus’s.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, Arcus 10x. 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: +$21.00Long Variational Omni: 6 payments, −$3.00; short Arcus: 24 payments, +$24.00.
- OK: Entry gap works for you+0.271% vs +0.133%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$262K vs $1.2M OIArcus sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0431%/8h × 21 periods+$90.51
Price spread+0.271% → +0.133% (7d avg)+$13.84
Slippage, 4 orderslive order books−$76.80
Fee Variational Omni bp × 2 orders$0.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k+$23.05
Costs to cover0.813%Break-even5.2 days
Slippage: Variational Omni: RFQ quote, just now; Arcus: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni6.0728.3 bp−$2846.5 bp−$465doesn’t fitdoesn’t fit
SELL · SHORTArcus2.015.1 bp−$524.2 bp−$242doesn’t fitdoesn’t fit
Closing costs about the same again.
Nado