Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 84.280 | +0.0393 | pay 0.0393% / 8h | 4h 05m | $931K | $7.3M | — | Long BingX | |
| SHORT | 84.289 | +0.0322 | get 0.0322% / 8h | 4h 05m | $2.5M | $1.4M | 20x | Short Variational Omni+15% pts |
Price gap+0.011%
Funding gap−0.0071% /8h
The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 2.2 days. At the last 7 days' pace that is about 16 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$49−0.0071% /8h now · paid −0.488% over the last 7D
Price+$5spread +0.011% now, avg −0.035% → +0.046% if it goes back
Costs−$280.276% of $10k · taker + slippage, in and out
Result−$72−0.72%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.011%
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
/8hCRCL on 37 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books6.2 / 6.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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: −$2.12Long BingX: 3 payments, −$11.79; short Variational Omni: 3 payments, +$9.67.
- OK: Entry gap works for you+0.011% vs −0.035%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$931K vs $2.5M OIBingX 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−0.0232%/8h × 21 periods−$48.80
Price spread+0.011% → −0.035% (7d avg)+$4.56
Slippage, 4 orderslive order books−$17.63
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$71.88
Costs to cover0.276%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.196.2 bp−$67.8 bp−$7815.1 bp−$1,51570.8 bp−$35.4K
SELL · SHORTVariational Omni3.566.7 bp−$79.8 bp−$98doesn’t fitdoesn’t fit
Closing costs about the same again.
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