Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 91.034 | 0 | 0.0000% / 4h | 2h 28m | $12.9M | $10.9M | 20x | Long Variational Omni+15% pts | |
| SHORT | 91.025 | +0.0048 | get 0.0006% / 1h | 28m 37s | $539K | $771K | 20x | Short Popdex |
Price gap−0.009%
Funding gap+0.0048% /8h
Funding pays +$1 a day on $10k, but the gap is 0.046% under its 7d average: −$5 if it goes back, about 3.2 days of funding. At the last 7 days' pace that is about 36 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.0048% /8h now · paid +0.196% over the last 7D
Price−$5spread −0.009% now, avg +0.037% → −0.046% if it goes back
Costs−$140.139% of $10k · taker + slippage, in and out
Result+$1+0.01%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Entry / ExitPopdex: 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−0.009%
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
/8hCL on 38 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books2.5 / 4.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.44Long Variational Omni: 6 payments, $0.00; short Popdex: 24 payments, +$1.44.
- Watch: Gap narrower than usual−0.009% vs +0.037%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$539K vs $12.9M OIPopdex sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Popdex NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0103%/8h × 21 periods+$21.61
Price spread−0.009% → +0.037% (7d avg)−$4.60
Slippage, 4 orderslive order books−$7.52
Fee Variational Omni bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net · 7 days · $10k+$3.09
Costs to cover0.139%Break-even6.0 days
Slippage: Variational Omni: RFQ quote, just now; Popdex: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni2.282.5 bp−$22.6 bp−$267.6 bp−$764doesn’t fit
SELL · SHORTPopdex1.264.5 bp−$44.6 bp−$4610.2 bp−$1,024doesn’t fit
Closing costs about the same again.
| 09-25 16:46 | Kalshi | Other | BREAKING: WTI oil down nearly 3% in the last 1 hour as Al Jazeera reports US-Iran talks have entered "technical stage" @Kalshi on X ↗ |
| 09-25 13:31 | Vest Markets | Other | At the open, $CL is down around 2%, with Iran proposing on Thursday to reopen the Strait of Hormuz within seven days. Negotiators are exploring a phased arrangement in which Tehran reopens the strait and Washington lifts its economic blockade of Iran, per Reuters. Trade $CL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗ |
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