Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 6.7721 | 0 | 0.0000% / 8h | 3h 55m | $68K | $162K | 20x | Long Variational Omni+15% pts | |
| SHORT | 6.7660 | 0 | 0.0000% / 8h | 3h 55m | $7K | $634K | 20x | Short KuCoin |
Price gap−0.090%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.109% under its 7d average: the price leg works against you, −$11 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$550.0000% /8h now · paid +0.549% over the last 6 days (all we have)
Price−$11spread −0.090% now, avg +0.019% → −0.109% if it goes back
Costs−$1,51215.123% of $10k · taker + slippage, in and out
Result−$1,468−14.68%+ 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−0.090%
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
/8hFWDI on 10 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size388.8 / 329.4 bpAt $10k entering Variational Omni costs 388.8 bp, fee and slippage, 1.2× KuCoin’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.
- Watch: Gap narrower than usual−0.090% vs +0.019%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$7K vs $68K OIKuCoin 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+0.0333%/8h × 21 periods+$69.88
Price spread−0.090% → +0.019% (7d avg)−$10.92
Slippage, 4 orderslive order books−$1,500.32
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$1,453.36
Costs to cover15.123%Break-even152.6 days
Slippage: Variational Omni: RFQ quote, 63 min ago; KuCoin: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni13.78388.8 bp−$389752.0 bp−$7,520doesn’t fitdoesn’t fit
SELL · SHORTKuCoin20.82329.4 bp−$329doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.