Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 181.03 | 0 | 0.0000% / 8h | 2h 27m | $377K | $370K | 20x | Long Variational Omni+15% pts | |
| SHORT | 181.29 | +0.0208 | get 0.0208% / 8h | 2h 27m | $916K | $1.7M | — | Short BingX |
Price gap+0.146%
Funding gap+0.0208% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.120% above its 7d average: +$12 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0208% /8h now · paid +0.059% over the last 7D
Price+$12spread +0.146% now, avg +0.026% → +0.120% if it goes back
Costs−$570.569% of $10k · taker + slippage, in and out
Result−$39−0.39%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.059% in total, about +0.0028%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.146%
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
/8hCBRS on 28 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size23.7 / 7.1 bpAt $10k entering Variational Omni costs 23.7 bp, fee and slippage, 3.4× 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: +$6.25Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$6.25.
- OK: Entry gap works for you+0.146% vs +0.026%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$377K vs $916K 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+0.0028%/8h × 21 periods+$5.87
Price spread+0.146% → +0.026% (7d avg)+$11.95
Slippage, 4 orderslive order books−$46.86
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$39.04
Costs to cover0.569%Break-even53.6 days
Slippage: Variational Omni: RFQ quote, 40 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.1223.7 bp−$2441.9 bp−$419doesn’t fitdoesn’t fit
SELL · SHORTBingX0.277.1 bp−$719.8 bp−$19862.9 bp−$6,290227.7 bp−$113.8K
Closing costs about the same again.
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