Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 228.84 | +0.0050 | pay 0.0006% / 1h | 3m 55s | $5.9M | $6.9M | 10x | Long tradeXYZ | |
| SHORT | 228.52 | 0 | 0.0000% / 8h | 4h 03m | $576K | $365K | 20x | Short Variational Omni+15% pts |
Price gap−0.138%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.143% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20−0.0050% /8h now · paid −0.203% over the last 7D
Price−$14spread −0.138% now, avg +0.005% → −0.143% if it goes back
Costs−$460.465% of $10k · taker + slippage, in and out
Result−$81−0.81%+ Points / potential airdroptradeXYZ: points · Variational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / 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−0.138%
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
/8hBE on 25 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size3.2 / 18.4 bpAt $10k entering Variational Omni costs 18.4 bp, fee and slippage, 5.8× tradeXYZ’s.
- Note: Margin at max leverage$1,000 + $500tradeXYZ 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.50Long tradeXYZ: 24 payments, −$1.50; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.138% vs +0.005%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$576K vs $5.9M OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legtradeXYZ points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legtradeXYZ No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0096%/8h × 21 periods−$20.25
Price spread−0.138% → +0.005% (7d avg)−$14.29
Slippage, 4 orderslive order books−$44.66
Fee tradeXYZ bp × 2 orders−$1.80
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$81.00
Costs to cover0.465%Break-evennever at this rate
Slippage: tradeXYZ: live order book, 3 min ago; Variational Omni: RFQ quote, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGtradeXYZ0.663.2 bp−$311.2 bp−$11267.3 bp−$6,731doesn’t fit
SELL · SHORTVariational Omni4.7418.4 bp−$1829.6 bp−$296doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-25 09:09 | AZverse | Listing | new market be_usdt ($BE) seen by our collector |
| 10-23 13:30 | Vest Markets | Other | Trade $BE post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-23 13:30 | Vest Markets | Other | $BE reported Q3 revenue of $1.24B, up 138% YoY, versus the $1.07B expected, with non-GAAP EPS of $0.94 versus $0.67. At the open, $BE is down around 6.3%, with the raised $4.4B-$4.6B revenue outlook weighed against an unchanged gross margin outlook of about 34%. → Revenue: $1.24B vs. $1.07B consensus → Non-GAAP EPS: $0.94 vs. $0.67 expected → Gross margin: 34.5% vs. 34.3% in Q2 → 2026 guide: $4.4B-$4.6B in revenue, versus $3.9B-$4.2B prior $BE also raised its 2026 non-GAAP EPS outlook to $3.10-$3.40 from $2.55-$2.85, and was added to the S&P 500. @VestExchange on X ↗ |
| 10-22 19:30 | Vest Markets | Other | Trade $BE pre-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-22 19:30 | Vest Markets | Other | $BE reports Q3 results after today's close, with consensus at $1.07B in revenue and $0.67 adjusted EPS. Bloom's record Q2 sales rose 166% YoY and non-GAAP profit reached $0.78 a share, against $0.41 expected. → Guidance: $3.9B-$4.2B in 2026 revenue and $2.55-$2.85 in non-GAAP EPS, raised in Q2 → Margin: 34.3% non-GAAP gross margin in Q2, with about 34% guided for the full year $BE is down around 10% on the session ahead of the report, with full-year guidance, gross margin and AI data center demand the focus areas. @VestExchange on X ↗ |
| 10-22 09:52 | Arcus | Other | $LMT reports before the open, $BE after the close big day for anyone positioned in defense or AI power @arcus_xyz on X ↗ |

