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 41m | $49K | $140K | 20x | Long Variational Omni+15% pts | |
| SHORT | 5.9400 | 0 | 0.0000% / 8h | 6h 41m | $114K | $368K | 20x | Short KuCoin |
Price gap+0.207%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$11 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$00.0000% /8h now · paid −0.003% over the last 7D
Price+$11spread +0.207% now, avg +0.093% → +0.114% if it goes back
Costs−$3343.339% of $10k · taker + slippage, in and out
Result−$323−3.23%+ 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+0.207%
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 size26.4 / 163.8 bpAt $10k entering KuCoin costs 163.8 bp, fee and slippage, 6.2× Variational Omni’s.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, KuCoin 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 KuCoin: 3 payments, $0.00.
- OK: Entry gap works for you+0.207% vs +0.093%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$49K vs $114K 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 · KuCoin YesStandard 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+0.207% → +0.093% (7d avg)+$11.36
Slippage, 4 orderslive order books−$321.90
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$322.83
Costs to cover3.339%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 1 min ago; KuCoin: live order book, 28 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.9126.4 bp−$2644.0 bp−$440doesn’t fitdoesn’t fit
SELL · SHORTKuCoin17.04163.8 bp−$164doesn’t fitdoesn’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 |