Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 189.79 | +0.0050 | pay 0.0050% / 8h | 1h 08m | $989K | $1.7M | — | Long BingX | |
| SHORT | 190.22 | 0 | 0.0000% / 8h | 1h 08m | $152K | $38K | 20x | Short Variational Omni+15% pts |
Price gap+0.225%
Funding gap−0.0050% /8h
The gap pays +$27 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 18 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$3−0.0050% /8h now · paid +0.030% over the last 7D
Price+$27spread +0.225% now, avg −0.044% → +0.270% if it goes back
Costs−$1141.136% of $10k · taker + slippage, in and out
Result−$84−0.84%+ 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+0.225%
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
/8hCRDO on 17 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size9.9 / 42.3 bpAt $10k entering Variational Omni costs 42.3 bp, fee and slippage, 4.3× 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.
- OK: Entry gap works for you+0.225% vs −0.044%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$152K vs $989K 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+0.0014%/8h × 21 periods+$3.03
Price spread+0.225% → −0.044% (7d avg)+$26.98
Slippage, 4 orderslive order books−$103.59
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$83.58
Costs to cover1.136%Break-even199.9 days
Slippage: BingX: live order book, 7 min ago; Variational Omni: RFQ quote, 54 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.269.9 bp−$1017.4 bp−$17493.9 bp−$9,388642.8 bp−$321.4K
SELL · SHORTVariational Omni3.4842.3 bp−$4275.2 bp−$752doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 10:22 | BloFin | Listing | new market CRDO-USDT ($CRDO) seen by our collector |
| 09-28 08:57 | BloFin | Listing | BloFin Futures will list the $IREN-USDT, $APP-USDT, $ADBE-USDT, $CRDO-USDT, and. $COST-USDT Perpetual Contracts 👀 Trade and take advantage of: ✅ 0% Maker Fees ✅ 50% off Taker Fees Details: @BloFin_Official on X ↗ |
| 09-25 14:38 | Paragon | Other | $TREAD led Paragon markets over the last 24h at +40.63%, with $SMCI +7.48%, $ANSEM +7.43% and $CRDO +7.06% rounding out the top of the board. @tradeparagon on X ↗ |
BloFin
Paragon