Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.8929 | 0 | 0.0000% / 8h | 5h 46m | $1.7M | $4.0M | 20x | Long Binance | |
| SHORT | 5.8701 | 0 | 0.0000% / 8h | 5h 46m | $48K | $130K | 20x | Short Variational Omni+15% pts |
Price gap−0.386%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.266% under its 7d average: the price leg works against you, −$27 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10.0000% /8h now · paid −0.012% over the last 7D
Price−$27spread −0.386% now, avg −0.120% → −0.266% if it goes back
Costs−$890.893% of $10k · taker + slippage, in and out
Result−$117−1.17%+ 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−0.386%
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
/8hFLNC on 14 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size15.4 / 26.6 bpAt $10k entering Variational Omni costs 26.6 bp, fee and slippage, 1.7× Binance’s.
- Note: Margin at max leverage$500 + $500Binance 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 Binance: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.386% vs −0.120%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$48K vs $1.7M 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: KYCBinance Yes · Variational Omni NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0006%/8h × 21 periods−$1.18
Price spread−0.386% → −0.120% (7d avg)−$26.61
Slippage, 4 orderslive order books−$81.28
Fee Binance bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$117.08
Costs to cover0.893%Break-evennever at this rate
Slippage: Binance: live order book, 15 min ago; Variational Omni: RFQ quote, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance3.3915.4 bp−$1529.3 bp−$293doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni4.9126.6 bp−$2741.1 bp−$411doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-06 17:57 | Variational Omni | Listing | Fluence Energy $FLNC perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-06 13:44 | Variational Omni | Listing | new market FLNC ($FLNC) seen by our collector |