Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 547.41 | −0.0050 | get 0.0050% / 8h | 2h 26m | $981K | $1.7M | — | Long BingX | |
| SHORT | 548.61 | 0 | 0.0000% / 8h | 2h 26m | $145K | $92K | 20x | Short Variational Omni+15% pts |
Price gap+0.218%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.257% above its 7d average: +$26 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2+0.0050% /8h now · paid −0.023% over the last 7D
Price+$26spread +0.218% now, avg −0.038% → +0.257% if it goes back
Costs−$710.710% 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
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.218%
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
/8hDELL on 22 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size5.3 / 25.7 bpAt $10k entering Variational Omni costs 25.7 bp, fee and slippage, 4.9× 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: +$1.50Long BingX: 3 payments, +$1.50; short Variational Omni: 3 payments, $0.00.
- OK: Entry gap works for you+0.218% vs −0.038%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$145K vs $981K 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−0.0011%/8h × 21 periods−$2.25
Price spread+0.218% → −0.038% (7d avg)+$25.67
Slippage, 4 orderslive order books−$60.99
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$47.56
Costs to cover0.710%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Variational Omni: RFQ quote, 41 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.095.3 bp−$513.8 bp−$13857.1 bp−$5,711283.6 bp−$141.8K
SELL · SHORTVariational Omni4.0525.7 bp−$2646.3 bp−$463doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-18 17:43 | Avantis | Other | AI infra. $ARM — AGI CPU upside, or competing with the licensees who pay the royalties? $DELL — AI server winner, or custom racks eating the margin? $WDC — pricing power that's structurally re-rated, or peak-cycle earnings on a multiple that assumes it never breaks? $LITE — OCS and in-rack optics expanding the TAM, or a supply-constrained component vendor with three customers? $NBIS — Meta-scale neocloud winner, or thin-margin GPU landlord? $IREN — miner→AI cloud with real MW, or leveraged GPU financing? $BE — fuel cells unlocking AI power, or a multiple that needs a broken grid? @verantaxyz on X ↗ |


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