Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 108.08 | −0.0050 | get 0.0050% / 8h | 1h 10m | $941K | $1.3M | — | Long BingX | |
| SHORT | 107.92 | 0 | 0.0000% / 8h | 1h 10m | $47K | $38K | 20x | Short Variational Omni+15% pts |
Price gap−0.146%
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.146% under zero (no 7-day history yet): −$15 if it goes back, about 9.7 days of funding.
Funding on this pair cost 0.200% over the last 7 days: the rate has only just turned.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20+0.0050% /8h now · paid −0.200% over the last 7D
Price—spread −0.146% now · no price history on both exchanges yet
Costs−$1821.823% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.146%
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
/8hEBAY on 10 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size38.9 / 51.5 bpAt $10k entering Variational Omni costs 51.5 bp, fee and slippage, 1.3× 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.
- Note: No 7-day spread history−0.146%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$47K vs $941K 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−$20.04
Price spread−0.146% → 0−$14.56
Slippage, 4 orderslive order books−$172.30
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$216.90
Costs to cover1.823%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; Variational Omni: RFQ quote, 52 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX15.7338.9 bp−$3957.2 bp−$572117.8 bp−$11.8K513.7 bp−$256.9K
SELL · SHORTVariational Omni14.1451.5 bp−$5283.9 bp−$839doesn’t fitdoesn’t fit
Closing costs about the same again.

