Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 96.130 | 0 | 0.0000% / 8h | 5h 45m | $1K | $695K | 10x | Long SunX≤10% back | |
| SHORT | 95.787 | 0 | 0.0000% / 8h | 5h 45m | $1.6M | $1.5M | 20x | Short Variational Omni+15% pts |
Price gap−0.356%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.131% under its 7d average: the price leg works against you, −$13 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price−$13spread −0.356% now, avg −0.225% → −0.131% if it goes back
Costs−$1531.530% of $10k · taker + slippage, in and out
Result−$166−1.66%+ 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−0.356%
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
/8hHOOD on 40 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size63.5 / 9.5 bpAt $10k entering SunX costs 63.5 bp, fee and slippage, 6.7× Variational Omni’s.
- Note: Margin at max leverage$1,000 + $500SunX 10x, Variational Omni 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 SunX: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.356% vs −0.225%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$1K vs $1.6M OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legSunX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−0.356% → −0.225% (7d avg)−$13.10
Slippage, 4 orderslive order books−$144.95
Fee SunX bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$166.05
Costs to cover1.530%Break-evennever at this rate
Slippage: SunX: live order book, 46 min ago; Variational Omni: RFQ quote, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX45.1563.5 bp−$64doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni3.419.5 bp−$915.3 bp−$153doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 15:08 | tradeXYZ | Other | Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗ |
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