WET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BinanceWETUSDT	0.06141	−1.1643	get 0.5821% / 4h	2h 53m	$2.1M	$23.8M	25x	Long Binance
SHORT	Variational OmniHUMIDIFI	0.06154	−1.1349	pay 0.5675% / 4h	2h 53m	$59K	$107K	50x	Short Variational Omni+15% pts

Price gap+0.204%

Funding gap+0.0294% /8h

Both sides work: funding pays +$9 a day on $10k, and the gap is 0.359% above its 7d average: +$36 more if it goes back.

If you open now and hold

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

Funding−$44+0.0294% /8h now · paid −0.438% over the last 7D

Price+$36spread +0.204% now, avg −0.155% → +0.359% if it goes back

Costs−$2492.485% of $10k · taker + slippage, in and out

Result−$256−2.56%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

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+0.204%

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

WET on 11 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

Watch: Thin at this size23.6 / 93.0 bp
At $10k entering Variational Omni costs 93.0 bp, fee and slippage, 3.9× Binance’s.
Note: Margin at max leverage$400 + $200
Binance 25x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval4h / 4h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$8.81Long Binance: 6 payments, +$349.28; short Variational Omni: 6 payments, −$340.48.
OK: Entry gap works for you+0.204% vs −0.155%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$59K vs $2.1M 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: KYCBinance Yes · Variational Omni No
Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0209%/8h × 21 periods−$43.82

Price spread+0.204% → −0.155% (7d avg)+$35.93

Slippage, 4 orderslive order books−$238.50

Fee Binance bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$256.40

Costs to cover2.485%Break-evennever at this rate

Slippage: Binance: live order book, 12 min ago; Variational Omni: RFQ quote, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBinance2.4023.6 bp−$2490.9 bp−$909doesn’t fitdoesn’t fit

SELL · SHORTVariational Omni7.2893.0 bp−$93177.2 bp−$1,772doesn’t fitdoesn’t fit

Closing costs about the same again.

WET