Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 123.24 | +0.0050 | pay 0.0006% / 1h | 52m 44s | $189K | $368K | 10x | Long Ondo Perps5% off | |
| SHORT | 123.05 | +0.0096 | get 0.0096% / 8h | 1h 52m | $70K | $55K | 20x | Short Variational Omni+15% pts |
Price gap−0.153%
Funding gap+0.0046% /8h
Funding pays +$1 a day on $10k, but the gap is 0.153% under zero (no 7-day history yet): −$15 if it goes back, about 11 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$13+0.0046% /8h now · paid −0.131% over the last 7D
Price—spread −0.153% now · no price history on both exchanges yet
Costs−$610.615% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropOndo Perps: points · Variational Omni: points · farm boardneeds both price histories
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−0.153%
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
/8hGLW on 21 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size5.7 / 22.1 bpAt $10k entering Variational Omni costs 22.1 bp, fee and slippage, 3.9× Ondo Perps’s.
- Note: Margin at max leverage$1,000 + $500Ondo Perps 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.37Long Ondo Perps: 24 payments, −$1.51; short Variational Omni: 3 payments, +$2.88.
- Note: No 7-day spread history−0.153%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$70K vs $189K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legOndo Perps points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legOndo Perps No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0062%/8h × 21 periods−$13.05
Price spread−0.153% → 0−$15.26
Slippage, 4 orderslive order books−$56.49
Fee Ondo Perps bp × 2 orders−$5.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$89.80
Costs to cover0.615%Break-evennever at this rate
Slippage: Ondo Perps: live order book, 54 min ago; Variational Omni: RFQ quote, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOndo Perps3.205.7 bp−$635.9 bp−$359doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni5.8422.1 bp−$2236.8 bp−$368doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-08 12:54 | Variational Omni | Listing | Corning $GLW perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-08 12:31 | Variational Omni | Listing | new market GLW ($GLW) seen by our collector |
| 10-07 14:33 | BingX | Other | what’s driving Corning’s $GLW higher? 🚀 Marvell’s AI interconnect outlook and AT&T’s fiber expansion are lifting sentiment. Read the full breakdown below👇 @BingXOfficial on X ↗ |
| 10-06 17:49 | tradeXYZ | Listing | new market xyz:GLW ($GLW) seen by our collector |
| 10-01 15:30 | Vest Markets | Other | Optical and foundry names are leading the tape, with $LITE up around 10% and $TSEM around 8%. $TSEM joined the PHLX Semiconductor Sector Index, while Bernstein started $LITE at Outperform with a $1,220 target. $LITE revenue more than doubled to $1.01B. Equipment names are also higher, with $AMAT up around 3%, $GLW around 3% and $CRDO around 5%. @VestExchange on X ↗ |

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