Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 5.9277 | 0 | 0.0000% / 8h | 6h 43m | $49K | $140K | 20x | Long Variational Omni+15% pts | |
| SHORT | 5.9350 | +0.0050 | get 0.0050% / 8h | 6h 43m | $957K | $1.3M | — | Short BingX |
Price gap+0.122%
Funding gap+0.0050% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.0050% /8h now · paid +0.133% over the last 7D
Price−$1spread +0.122% now, avg +0.128% → −0.006% if it goes back
Costs−$920.921% of $10k · taker + slippage, in and out
Result−$79−0.79%+ 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+0.122%
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 · 3 to watch- Watch: Thin at this size33.4 / 23.6 bpAt $10k entering Variational Omni costs 33.4 bp, fee and slippage, 1.4× BingX’s.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. 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 Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Note: Gap at its usual level+0.122% vs +0.128%The price leg adds little either way.
- Watch: Long leg is thinner$49K vs $957K 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: KYCVariational Omni No · BingX YesAdvanced 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+0.0064%/8h × 21 periods+$13.35
Price spread+0.122% → +0.128% (7d avg)−$0.57
Slippage, 4 orderslive order books−$82.15
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$79.36
Costs to cover0.921%Break-even48.6 days
Slippage: Variational Omni: RFQ quote, 64 min ago; BingX: live order book, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.7733.4 bp−$3356.6 bp−$566doesn’t fitdoesn’t fit
SELL · SHORTBingX2.5423.6 bp−$2445.2 bp−$452115.0 bp−$11.5K686.2 bp−$343.1K
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 |