Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 264.68 | −0.0559 | get 0.0559% / 8h | 3h 00m | $934K | $1.2M | — | Long BingX | |
| SHORT | 264.48 | 0 | 0.0000% / 8h | 3h 00m | $83K | $384K | 20x | Short Variational Omni+15% pts |
Price gap−0.075%
Funding gap+0.0559% /8h
Funding pays +$17 a day on $10k, but the gap is 0.048% under its 7d average: −$5 if it goes back, about 7 hours of funding. At the last 7 days' pace that is about 40 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$20+0.0559% /8h now · paid +0.200% over the last 7D
Price−$5spread −0.075% now, avg −0.027% → −0.048% if it goes back
Costs−$1141.137% of $10k · taker + slippage, in and out
Result−$99−0.99%+ 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 +0.200% in total, about +0.0095%/8h on average.
Price and funding
1h · historyEntry / Exit
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−0.075%
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
/8hCRWD on 19 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size19.5 / 37.5 bpAt $10k entering Variational Omni costs 37.5 bp, fee and slippage, 1.9× 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: +$16.77Long BingX: 3 payments, +$16.77; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.075% vs −0.027%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$83K vs $934K 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+0.0095%/8h × 21 periods+$19.96
Price spread−0.075% → −0.027% (7d avg)−$4.80
Slippage, 4 orderslive order books−$103.75
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$98.59
Costs to cover1.137%Break-even41.6 days
Slippage: BingX: live order book, 13 min ago; Variational Omni: RFQ quote, 44 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.8619.5 bp−$1947.9 bp−$479148.7 bp−$14.9K730.0 bp−$365.0K
SELL · SHORTVariational Omni3.3537.5 bp−$3863.4 bp−$634doesn’t fitdoesn’t fit
Closing costs about the same again.
BloFin