FWDI

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BingXNCSKFWDI2USD-USDT	7.9980	−0.0122	get 0.0122% / 8h	7h 11m	$945K	$1.2M	—	Long BingX
SHORT	Variational OmniFWDI	7.9877	+0.0041	get 0.0041% / 8h	7h 11m	$96K	$59K	20x	Short Variational Omni+15% pts

Price gap−0.129%

Funding gap+0.0163% /8h

Funding pays +$5 a day on $10k, but the gap is 0.129% under zero (no 7-day history yet): −$13 if it goes back, about 2.6 days of funding.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$28+0.0163% /8h now · paid +0.281% over the last 7D

Price—spread −0.129% now · no price history on both exchanges yet

Costs−$2632.633% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

Price and funding

1h · loading 5m…

Entry / ExitBingX: thin, under $1M open interest · Variational Omni: thin, under $1M open interest

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−0.129%

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

/8h

FWDI on 8 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Watch: Thin at this size18.0 / 128.3 bp
At $10k entering Variational Omni costs 128.3 bp, fee and slippage, 7.1× BingX’s.
Note: Margin at max leverage— + $500
BingX —, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval8h / 8h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$4.88Long BingX: 3 payments, +$3.66; short Variational Omni: 3 payments, +$1.22.
Note: No 7-day spread history−0.129%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$96K vs $945K OI
Variational Omni sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points
Volume here counts toward the points program.
Watch: KYCBingX Yes · Variational Omni No
Advanced 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 out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0134%/8h × 21 periods+$28.10

Price spread−0.129% → 0−$12.92

Slippage, 4 orderslive order books−$253.25

Fee BingX bp × 2 orders−$10.00

Fee Variational Omni bp × 2 orders$0.00

Net · 7 days · $10k−$248.08

Costs to cover2.633%Break-even68.8 days

Slippage: BingX: live order book, 14 min ago; Variational Omni: RFQ quote, 26 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBingX0.6318.0 bp−$1896.2 bp−$962242.0 bp−$24.2K788.7 bp−$394.4K

SELL · SHORTVariational Omni11.92128.3 bp−$128229.2 bp−$2,292doesn’t fitdoesn’t fit

Closing costs about the same again.