Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 98.290 | +0.0274 | pay 0.0274% / 8h | 7h 11m | $921K | $1.8M | — | Long BingX | |
| SHORT | 98.355 | +0.0112 | get 0.0112% / 8h | 7h 11m | $111K | $134K | 20x | Short Variational Omni+15% pts |
Price gap+0.067%
Funding gap−0.0162% /8h
The gap pays +$10 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 2.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$39−0.0162% /8h now · paid −0.393% over the last 7D
Price+$10spread +0.067% now, avg −0.032% → +0.098% if it goes back
Costs−$480.476% of $10k · taker + slippage, in and out
Result−$77−0.77%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Entry / ExitBingX: thin, under $1M open interest · Variational Omni: thin, under $1M open interest
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+0.067%
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
/8hAAOI on 22 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books6.0 / 11.8 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$4.86Long BingX: 3 payments, −$8.22; short Variational Omni: 3 payments, +$3.36.
- OK: Entry gap works for you+0.067% vs −0.032%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$111K vs $921K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCBingX Yes · Variational Omni NoAdvanced 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 outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0187%/8h × 21 periods−$39.33
Price spread+0.067% → −0.032% (7d avg)+$9.82
Slippage, 4 orderslive order books−$37.55
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$77.07
Costs to cover0.476%Break-evennever at this rate
Slippage: BingX: live order book, 20 min ago; Variational Omni: RFQ quote, 27 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.516.0 bp−$610.0 bp−$10034.5 bp−$3,448177.2 bp−$88.6K
SELL · SHORTVariational Omni4.4511.8 bp−$1218.1 bp−$181doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 12:57 | Paragon | Listing | Ciena ($CIEN), IREN ($IREN) and Applied Optoelectronics ($AAOI) sit on different layers of the same AI build: line systems, cloud capacity, and optical transceivers. All three are live as perpetuals, 24/7 on Hyperliquid. Up to 10x. @tradeparagon on X ↗ |
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