Funding arb · Price arb / RWA

BE

RWAAll BE markets →

LONGVariational Omni▾Avantis −0.0839%Deribit −0.0474%Aster 0.0000%QFEX 0.0000%Gate 0.0000%SunX 0.0000%Lighter +0.0032%Arcus +0.0038%Vest Markets +0.0046%AZverse +0.0093%Aevo +0.0104%OKX +0.0139%Bybit +0.0193%Bitget +0.0240%MEXC +0.0243%KuCoin +0.0253%Variational Omni +0.0334%Binance +0.0358%Extended +0.0360%BloFin +0.0374%GRVT +0.0391%HTX +0.0817%Lighter RH +0.0864%tradeXYZ +0.1016%

⇄⇅

SHORTBingX▾tradeXYZ +0.1016%Lighter RH +0.0864%HTX +0.0817%GRVT +0.0391%BloFin +0.0374%Extended +0.0360%Binance +0.0358%KuCoin +0.0253%MEXC +0.0243%Bitget +0.0240%Bybit +0.0193%OKX +0.0139%Aevo +0.0104%BingX +0.0093%AZverse +0.0093%Vest Markets +0.0046%Arcus +0.0038%Lighter +0.0032%Aster 0.0000%QFEX 0.0000%Gate 0.0000%SunX 0.0000%Deribit −0.0474%Avantis +0.1365%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniBE	193.41	+0.0334	pay 0.0334% / 8h	55m 04s	$580K	$704K	20x	Long Variational Omni+15% pts
SHORT	BingXNCSKBE2USD-USDT	193.24	+0.0093	get 0.0093% / 8h	55m 04s	$934K	$1.6M	—	Short BingX

Price gap−0.090%

Funding gap−0.0241% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.207% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.084% in total, about −0.0040%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.090%

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

24H3D7D14D30D90D

Variational OmniBingX

BE on 25 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• !
  Watch: Thin at this size19.5 / 8.3 bp

  At $10k entering Variational Omni costs 19.5 bp, fee and slippage, 2.3× BingX’s.
• i
  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 / 8h

  Both legs pay at the same time.

  Long Variational Omni · 8h−$10.02

  Short BingX · 8h+$2.79

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$7.23Long Variational Omni: 3 payments, −$10.02; short BingX: 3 payments, +$2.79.
• !
  Watch: Gap narrower than usual−0.090% vs +0.117%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$580K vs $934K 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

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0040%/8h × 21 periods−$8.41

Price spread−0.090% → +0.117% (7d avg)−$20.72

Slippage, 4 orderslive order books−$48.83

Fee Variational Omni bp × 2 orders$0.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k−$87.96

Costs to cover0.588%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 38 min ago; BingX: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGVariational Omni1.8719.5 bp−$2037.2 bp−$372doesn’t fitdoesn’t fit

SELL · SHORTBingX1.558.3 bp−$813.8 bp−$13891.2 bp−$9,125764.8 bp−$382.4K

Closing costs about the same again.

Alert

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Tell me when it goes above%/8hNot more often than everymin

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BE news

posts that mention BE or Bloom Energy, from every exchangeSearch all news →

10-25 09:09	AZAZverse	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 ↗