Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.9100 | 0 | 0.0000% / 8h | 5h 44m | $122K | $388K | 20x | Long KuCoin | |
| SHORT | 5.8701 | 0 | 0.0000% / 8h | 5h 44m | $48K | $130K | 20x | Short Variational Omni+15% pts |
Price gap−0.675%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.581% under its 7d average: the price leg works against you, −$58 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid +0.003% over the last 7D
Price−$58spread −0.675% now, avg −0.094% → −0.581% if it goes back
Costs−$3233.228% of $10k · taker + slippage, in and out
Result−$381−3.81%+ 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−0.675%
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 size143.1 / 26.6 bpAt $10k entering KuCoin costs 143.1 bp, fee and slippage, 5.4× Variational Omni’s.
- Note: Margin at max leverage$500 + $500KuCoin 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 KuCoin: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.675% vs −0.094%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 $122K 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: KYCKuCoin Yes · Variational Omni NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0001%/8h × 21 periods+$0.29
Price spread−0.675% → −0.094% (7d avg)−$58.09
Slippage, 4 orderslive order books−$310.80
Fee KuCoin bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$380.59
Costs to cover3.228%Break-even9119.1 days
Slippage: KuCoin: live order book, 11 min ago; Variational Omni: RFQ quote, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin8.45143.1 bp−$143doesn’t fitdoesn’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 |