Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

FWDI

RWAAll FWDI markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Variational OmniFWDI
7.9649+0.0141pay 0.0141% / 8h7h 58m$96K$60K20xLong Variational Omni+15% pts
SHORT
BingXNCSKFWDI2USD-USDT
7.9450−0.0122pay 0.0122% / 8h7h 58m$945K$1.2M—Short BingX
Price gap−0.249%
Funding gap−0.0263% /8h

Both sides work against this direction now: funding costs $8 a day on $10k and the gap is 0.249% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$18−0.0263% /8h now · paid −0.177% over the last 7D
Price—spread −0.249% now · no price history on both exchanges yet
Costs−$5305.300% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.177% in total, about −0.0084%/8h on average.

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.249%
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 size233.2 / 19.4 bp
    At $10k entering Variational Omni costs 233.2 bp, fee and slippage, 12.0× 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 / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$7.89Long Variational Omni: 3 payments, −$4.23; short BingX: 3 payments, −$3.66.
  • Note: No 7-day spread history−0.249%
    The gap cannot be compared with its average yet.
  • Watch: Long 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: KYCVariational Omni No · BingX Yes
    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−0.0084%/8h × 21 periods−$17.65
Price spread−0.249% → 0−$24.94
Slippage, 4 orderslive order books−$519.95
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$572.54
Costs to cover5.300%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 59 min ago; BingX: live order book, 13 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni7.81233.2 bp−$233447.9 bp−$4,479doesn’t fitdoesn’t fit
SELL · SHORTBingX0.6319.4 bp−$1982.2 bp−$822230.8 bp−$23.1K819.9 bp−$409.9K

Closing costs about the same again.

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