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Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / Crypto

WET

All WET markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Variational OmniHUMIDIFI
0.06220−1.0255get 0.5127% / 4h2h 12m$60K$108K50xLong Variational Omni+15% pts
SHORT
GateWET_USDT
0.06237−0.8891pay 0.8891% / 8h6h 12m$739K$1.9M50xShort Gate
Price gap+0.279%
Funding gap+0.1364% /8h

Both sides work: funding pays +$41 a day on $10k, and the gap is 0.110% above its 7d average: +$11 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$53+0.1364% /8h now · paid +0.530% over the last 7D
Price+$11spread +0.279% now, avg +0.170% → +0.110% if it goes back
Costs−$4174.174% of $10k · taker + slippage, in and out
Result−$353−3.53%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.530% in total, about +0.0253%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.279%
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

2 ok · 4 to watch
  • Watch: Thin at this size113.3 / 102.2 bp
    At $10k entering Variational Omni costs 113.3 bp, fee and slippage, 1.1× Gate’s.
  • Note: Margin at max leverage$200 + $200
    Variational Omni 50x, Gate 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$40.91Long Variational Omni: 6 payments, +$307.64; short Gate: 3 payments, −$266.73.
  • OK: Entry gap works for you+0.279% vs +0.170%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$60K vs $739K 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 · Gate Yes
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0253%/8h × 21 periods+$53.03
Price spread+0.279% → +0.170% (7d avg)+$10.96
Slippage, 4 orderslive order books−$402.39
Fee Variational Omni bp × 2 orders$0.00
Fee Gate bp × 2 orders−$15.00
Net · 7 days · $10k−$353.41
Costs to cover4.174%Break-even53.7 days
Slippage: Variational Omni: RFQ quote, 46 min ago; Gate: live order book, 4 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 · SHORTGate10.44102.2 bp−$102doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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