Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.030 | −0.4771 | get 0.4771% / 8h | 54m 02s | $925K | $4.5M | — | Long BingX | |
| SHORT | 41.923 | −0.7340 | pay 0.7340% / 8h | 54m 02s | $196K | $262K | 20x | Short Variational Omni+15% pts |
Price gap−0.254%
Funding gap−0.2569% /8h
Both sides work against this direction now: funding costs $77 a day on $10k and the gap is 0.254% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$23−0.2569% /8h now · paid −0.235% over the last 7D
Price—spread −0.254% now · no price history on both exchanges yet
Costs−$1791.793% of $10k · taker + slippage, in and out
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.235% in total, about −0.0112%/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−0.254%
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
/8hEWZ on 16 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size15.9 / 91.2 bpAt $10k entering Variational Omni costs 91.2 bp, fee and slippage, 5.7× 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: −$77.07Long BingX: 3 payments, +$143.13; short Variational Omni: 3 payments, −$220.20.
- Note: No 7-day spread history−0.254%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$196K vs $925K 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−0.0112%/8h × 21 periods−$23.48
Price spread−0.254% → 0−$25.40
Slippage, 4 orderslive order books−$169.29
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$228.16
Costs to cover1.793%Break-evennever at this rate
Slippage: BingX: live order book, 5 min ago; Variational Omni: RFQ quote, 39 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX5.9915.9 bp−$1652.3 bp−$523228.6 bp−$22.9K807.2 bp−$403.6K
SELL · SHORTVariational Omni9.9391.2 bp−$91167.2 bp−$1,672doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 11:27 | Kraken Futures | Listing | new market PF_EWZUSD ($EWZ) seen by our collector |
| 10-20 16:58 | Extended | Listing | Now available to trade: $NOW and $LYTE (ServiceNow and Roundhill Photonics & Optics ETF) with up to 10x leverage, $EWZ (iShares MSCI Brazil ETF) with up to 20x leverage and $BOT (RoboStrategy) with up to 5x leverage @extendedapp on X ↗ |
| 10-20 14:51 | Extended | Listing | new market EWZ-USD ($EWZ) seen by our collector |
| 10-05 03:15 | Backpack | Other | JUST IN: Flávio Bolsonaro finishes ahead of Lula in the first round of Brazil’s presidential election. The two advance to an Oct. 25 runoff. $EWZ +9.8% overnight. @Backpack on X ↗ |


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