Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG186.75+0.0281pay 0.0281% / 8h2h 29m$944K$7.3M—Long BingX
SHORT186.5400.0000% / 8h2h 29m$962K$1.2M20xShort Variational Omni+15% pts
Price gap−0.110%
Funding gap−0.0281% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.077% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$10−0.0281% /8h now · paid +0.101% over the last 7D
Price−$8spread −0.110% now, avg −0.033% → −0.077% if it goes back
Costs−$500.499% of $10k · taker + slippage, in and out
Result−$48−0.48%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.101% in total, about +0.0048%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.110%
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

COIN on 28 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Thin at this size8.3 / 16.7 bp
    At $10k entering Variational Omni costs 16.7 bp, fee and slippage, 2.0× BingX’s.
  • Note: Margin at max leverage— + $500
    BingX —, Variational Omni 20x. 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.
    Next 24h at the current rates, on $10k a leg: −$8.43Long BingX: 3 payments, −$8.43; short Variational Omni: 3 payments, $0.00.
  • Watch: Gap narrower than usual−0.110% vs −0.033%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Long leg is thinner$944K vs $962K OI
    BingX sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCBingX Yes · Variational Omni No
    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
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0048%/8h × 21 periods+$10.11
Price spread−0.110% → −0.033% (7d avg)−$7.72
Slippage, 4 orderslive order books−$39.93
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$47.54
Costs to cover0.499%Break-even39.9 days
Slippage: BingX: live order book, 10 min ago; Variational Omni: RFQ quote, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.278.3 bp−$812.0 bp−$12026.1 bp−$2,607212.8 bp−$106.4K
SELL · SHORTVariational Omni2.9216.7 bp−$1727.2 bp−$272doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

COIN news

posts that mention COIN or Coinbase Global, from every exchangeSearch all news →
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09-21 13:35gTrade (Gains Network)Listingnew market COIN/USD ($COIN) seen by our collector
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