Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 511.63 | 0 | 0.0000% / 8h | 2h 26m | $95K | $80K | 20x | Long Variational Omni+15% pts | |
| SHORT | 511.42 | +0.0050 | get 0.0050% / 8h | 2h 26m | $927K | $1.7M | — | Short BingX |
Price gap−0.041%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.076% under its 7d average: −$8 if it goes back, about 5.0 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.0050% /8h now · paid +0.133% over the last 7D
Price−$8spread −0.041% now, avg +0.035% → −0.076% if it goes back
Costs−$820.815% of $10k · taker + slippage, in and out
Result−$76−0.76%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.041%
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
/8hAMAT on 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size26.0 / 12.7 bpAt $10k entering Variational Omni costs 26.0 bp, fee and slippage, 2.0× BingX’s.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. 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: +$1.50Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Watch: Gap narrower than usual−0.041% vs +0.035%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$95K vs $927K 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: KYCVariational Omni No · BingX YesAdvanced 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+0.0063%/8h × 21 periods+$13.27
Price spread−0.041% → +0.035% (7d avg)−$7.56
Slippage, 4 orderslive order books−$71.54
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$75.83
Costs to cover0.815%Break-even47.0 days
Slippage: Variational Omni: RFQ quote, 41 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.0526.0 bp−$2646.8 bp−$468doesn’t fitdoesn’t fit
SELL · SHORTBingX0.1012.7 bp−$1328.4 bp−$28495.3 bp−$9,531696.5 bp−$348.2K
Closing costs about the same again.