Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.6830 | 0 | 0.0000% / 8h | 5h 29m | $45K | $113K | 20x | Long Bitget | |
| SHORT | 5.6990 | 0 | 0.0000% / 8h | 5h 29m | $13K | $343K | 20x | Short Variational Omni+15% pts |
Price gap+0.281%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$40 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.008% over the last 7D
Price+$40spread +0.281% now, avg −0.121% → +0.402% if it goes back
Costs−$2892.889% of $10k · taker + slippage, in and out
Result−$248−2.48%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.281%
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
/8hDJT on 10 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size48.0 / 96.6 bpAt $10k entering Variational Omni costs 96.6 bp, fee and slippage, 2.0× Bitget’s.
- Note: Margin at max leverage$500 + $500Bitget 20x, 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: $0.00Long Bitget: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- OK: Entry gap works for you+0.281% vs −0.121%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$13K vs $45K 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: KYCBitget Yes · Variational Omni NoKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0004%/8h × 21 periods+$0.77
Price spread+0.281% → −0.121% (7d avg)+$40.16
Slippage, 4 orderslive order books−$276.94
Fee Bitget bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$248.01
Costs to cover2.889%Break-even2264.4 days
Slippage: Bitget: live order book, 3 min ago; Variational Omni: RFQ quote, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBitget4.3948.0 bp−$4888.8 bp−$888doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.0596.6 bp−$97179.1 bp−$1,791doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-05 19:56 | Variational Omni | Listing | Trump Media & Technology Group $DJT perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-05 17:24 | Variational Omni | Listing | new market DJT ($DJT) seen by our collector |