WET

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniHUMIDIFI	0.06220	−1.0255	get 0.5127% / 4h	2h 12m	$60K	$108K	50x	Long Variational Omni+15% pts
SHORT	BingXWET-USDT	0.06234	−1.0408	pay 0.5204% / 4h	2h 12m	$396K	$1.1M	—	Short BingX

Price gap+0.231%

Funding gap−0.0153% /8h

The gap pays +$9 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 46 hours.

If you open now and hold

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

Funding+$86−0.0153% /8h now · paid +0.857% over the last 7D

Price+$9spread +0.231% now, avg +0.143% → +0.088% if it goes back

Costs−$2442.441% of $10k · taker + slippage, in and out

Result−$150−1.50%+ 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+0.231%

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 size113.3 / 20.0 bp
At $10k entering Variational Omni costs 113.3 bp, fee and slippage, 5.7× BingX’s.
Note: Margin at max leverage$200 + —
Variational Omni 50x, BingX —. 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: −$4.60Long Variational Omni: 6 payments, +$307.64; short BingX: 6 payments, −$312.24.
OK: Entry gap works for you+0.231% vs +0.143%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$60K vs $396K 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: KYCVariational Omni No · BingX Yes
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+0.231% → +0.143% (7d avg)+$8.78

Slippage, 4 orderslive order books−$234.05

Fee Variational Omni bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$149.57

Costs to cover2.441%Break-even19.2 days

Slippage: Variational Omni: RFQ quote, 46 min ago; BingX: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni7.28113.3 bp−$113212.8 bp−$2,128doesn’t fitdoesn’t fit

SELL · SHORTBingX0.8020.0 bp−$2075.7 bp−$757873.4 bp−$87.3Kdoesn’t fit

Closing costs about the same again.

WET