Funding you earn now, next payment 08:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.53 per $10,000 · paid last 24h −0.011%
Price spread now: BingX against Variational Omni+0.069%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. BingX is 0.069% dearer against Variational Omni than usual: you sell high and buy low (spread +0.069% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni WAVES | 0.2807 | 0.0377 | pay 0.0377% / 8h | 2h 41m | $275 | $2K | — |
| Short | BingX WAVES-USDT | 0.2809 | 0.0324 | get 0.0324% / 8h | 2h 41m | — | $1.3M | — |
Variational Omni WAVES
BingX WAVES-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Variational Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$11.09
- Price spread: +0.069% → 0.000%
- $6.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$14.19
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; BingX: live order book, 10 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 10 min ago | 7.11 bp | 50.3 bp −$50 | 143.9 bp −$1,439 | 474.6 bp −$47.5K | 556.9 bp −$278.5K |
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
WAVES on 6 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WAVESUSDTM | +0.0100% | 8h | 0.2819 | +0.425% | $361K | $35K | 20x | as long as short |
| BingX WAVES-USDTshort | +0.0324% | 8h | 0.2809 | +0.069% | — | $1.3M | — | |
| MEXC WAVES_USDT | +0.0328% | 8h | 0.2809 | +0.069% | $469K | $127K | 20x | as long as short |
| Bybit WAVESUSDT | +0.0329% | 8h | 0.2805 | −0.074% | $1.6M | $1.5M | 20x | as long as short |
| BloFin WAVES-USDT | +0.0335% | 8h | 0.2810 | +0.105% | $90K | $23K | 20x | as long as short |
| Variational Omni WAVESlong | +0.0377% | 8h | 0.2807 | long leg | $275 | $2K | — |
KuCoin WAVESUSDTM
MEXC WAVES_USDT
Bybit WAVESUSDT
BloFin WAVES-USDT