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 44m | $49K | $140K | 20x | Long Variational Omni+15% pts | |
| SHORT | 5.9370 | 0 | 0.0000% / 8h | 6h 44m | $173K | $460K | 20x | Short Bitget |
Price gap+0.156%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$3 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10.0000% /8h now · paid −0.010% over the last 7D
Price+$3spread +0.156% now, avg +0.131% → +0.025% if it goes back
Costs−$1181.185% 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+0.156%
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
3 ok · 3 to watch- Watch: Thin at this size33.4 / 34.1 bpAt $10k entering Bitget costs 34.1 bp, fee and slippage, 1.0× Variational Omni’s.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, Bitget 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 Variational Omni: 3 payments, $0.00; short Bitget: 3 payments, $0.00.
- OK: Entry gap works for you+0.156% vs +0.131%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$49K vs $173K 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 · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0005%/8h × 21 periods−$0.98
Price spread+0.156% → +0.131% (7d avg)+$2.54
Slippage, 4 orderslive order books−$106.45
Fee Variational Omni bp × 2 orders$0.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$116.90
Costs to cover1.185%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 64 min ago; Bitget: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.7733.4 bp−$3356.6 bp−$566doesn’t fitdoesn’t fit
SELL · SHORTBitget1.6934.1 bp−$3472.5 bp−$725doesn’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 |