WET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXWET-USDT	0.06150	−0.4104	get 0.2052% / 4h	2h 53m	$386K	$1.1M	—	Long BingX
SHORT	Variational OmniHUMIDIFI	0.06154	−1.1349	pay 0.5675% / 4h	2h 53m	$59K	$107K	50x	Short Variational Omni+15% pts

Price gap+0.063%

Funding gap−0.7245% /8h

The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $217 a day and eats that in about 2 hours. At the last 7 days' pace that is about 40 hours.

If you open now and hold

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

Funding−$86−0.7245% /8h now · paid −0.857% over the last 7D

Price+$21spread +0.063% now, avg −0.143% → +0.205% if it goes back

Costs−$2472.474% of $10k · taker + slippage, in and out

Result−$313−3.13%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.857% in total, about −0.0408%/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+0.063%

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 size19.8 / 93.0 bp
At $10k entering Variational Omni costs 93.0 bp, fee and slippage, 4.7× BingX’s.
Note: Margin at max leverage— + $200
BingX —, 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: −$217.36Long BingX: 6 payments, +$123.12; short Variational Omni: 6 payments, −$340.48.
OK: Entry gap works for you+0.063% vs −0.143%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$59K vs $386K 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: KYCBingX Yes · Variational Omni No
Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0408%/8h × 21 periods−$85.70

Price spread+0.063% → −0.143% (7d avg)+$20.54

Slippage, 4 orderslive order books−$237.41

Fee BingX bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$312.57

Costs to cover2.474%Break-evennever at this rate

Slippage: BingX: live order book, 5 min ago; Variational Omni: RFQ quote, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX3.2519.8 bp−$2085.4 bp−$854961.6 bp−$96.2K1311.4 bp−$655.7K

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

Closing costs about the same again.

WET