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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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG112.40+0.0230pay 0.0230% / 8h5h 31m$978K$8.2M—Long BingX
SHORT112.5100.0000% / 8h5h 31m$1.6M$1.7M20xShort Variational Omni+15% pts
Price gap+0.095%
Funding gap−0.0230% /8h

The gap pays +$13 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 44 hours. At the last 7 days' pace that is about 9.8 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$9−0.0230% /8h now · paid −0.091% over the last 7D
Price+$13spread +0.095% now, avg −0.032% → +0.127% if it goes back
Costs−$420.417% of $10k · taker + slippage, in and out
Result−$38−0.38%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.091% in total, about −0.0043%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.095%
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

HOOD on 32 exchanges

lowest funding first

Before you open

4 ok · 2 to watch
  • OK: Fits both order books6.8 / 10.9 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • 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: −$6.90Long BingX: 3 payments, −$6.90; short Variational Omni: 3 payments, $0.00.
  • OK: Entry gap works for you+0.095% vs −0.032%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$978K vs $1.6M OI
    BingX 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−0.0043%/8h × 21 periods−$9.07
Price spread+0.095% → −0.032% (7d avg)+$12.71
Slippage, 4 orderslive order books−$31.72
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$38.08
Costs to cover0.417%Break-evennever at this rate
Slippage: BingX: live order book, 12 min ago; Variational Omni: RFQ quote, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBingX0.446.8 bp−$713.9 bp−$13948.8 bp−$4,878161.8 bp−$80.9K
SELL · SHORTVariational Omni5.1510.9 bp−$1116.6 bp−$166doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

HOOD news

posts that mention HOOD or Robinhood Markets, from every exchangeSearch all news →
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09-21 13:35gTrade (Gains Network)Listingnew market HOOD/USD ($HOOD) seen by our collector
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09-18 17:30Vest MarketsOther$COIN is rebounding from Tuesday's Senate defeat of the CLARITY Act, up around 12% on the session. The SEC issued a five-year innovation exemption that allows tokenized versions of U.S. stocks to trade on blockchain venues, with a comment period open. Crypto-linked equities are broadly higher, with $MSTR, $HOOD and $CRCL also up on the session. @VestExchange on X ↗