Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.9660 | +0.0050 | pay 0.0050% / 8h | 6h 29m | $910K | $1.2M | — | Long BingX | |
| SHORT | 5.9611 | 0 | 0.0000% / 8h | 6h 29m | $109K | $154K | 20x | Short Variational Omni+15% pts |
Price gap−0.082%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.060% 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−$42−0.0050% /8h now · paid −0.425% over the last 7D
Price−$6spread −0.082% now, avg −0.022% → −0.060% if it goes back
Costs−$2252.248% of $10k · taker + slippage, in and out
Result−$273−2.73%+ 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−0.082%
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
/8hBNC on 10 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size26.5 / 91.3 bpAt $10k entering Variational Omni costs 91.3 bp, fee and slippage, 3.4× BingX’s.
- 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: −$1.50Long BingX: 3 payments, −$1.50; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.082% vs −0.022%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$109K vs $910K 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−0.0202%/8h × 21 periods−$42.47
Price spread−0.082% → −0.022% (7d avg)−$5.99
Slippage, 4 orderslive order books−$214.82
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$273.27
Costs to cover2.248%Break-evennever at this rate
Slippage: BingX: live order book, 18 min ago; Variational Omni: RFQ quote, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.8626.5 bp−$2684.3 bp−$843doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.5091.3 bp−$91172.2 bp−$1,722doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-23 15:32 | Aster | Points | Epoch 3 is a wrap. Did you show up? Epoch 4 is now live with more hot markets: $MOONSHOT, $POLYMARKET, $BNC, $OURA and more. Trade for USD1 rewards and hold positions for $WLFI rewards. Make your moves. @Aster_DEX on X ↗ |
| 09-18 14:20 | Aster | Listing | New RWA perp listing: $BNC (CEA Industries Inc) with up to 10x leverage. @Aster_DEX on X ↗ |
Aster