Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70.914 | +0.0100 | pay 0.0013% / 1h | 54m 53s | $79K | $458K | 5x | Long Reya | |
| SHORT | 71.171 | +0.0231 | get 0.0231% / 8h | 54m 53s | $1.6M | $3.9M | 20x | Short Variational Omni+15% pts |
Price gap+0.362%
Funding gap+0.0131% /8h
Both sides work: funding pays +$4 a day on $10k, and the gap is 0.270% above its 7d average: +$27 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$43+0.0131% /8h now · paid +0.430% over the last 7D
Price+$27spread +0.362% now, avg +0.092% → +0.270% if it goes back
Costsno datano order book for Reya
Result, before costs+$70+0.70%+ Points / potential airdropReya: points · Variational Omni: points · farm boardcosts unknown: no order book for Reya · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.362%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$2,000 + $500Reya 5x, 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: +$3.92Long Reya: 24 payments, −$3.00; short Variational Omni: 3 payments, +$6.92.
- OK: Entry gap works for you+0.362% vs +0.092%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$79K vs $1.6M OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya points · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legReya No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0205%/8h × 21 periods+$42.99
Price spread+0.362% → +0.092% (7d avg)+$27.01
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$64.00
Costs to cover0.060%Break-evenfrom the start
Slippage: Reya: no order-book sample; Variational Omni: RFQ quote, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTVariational Omni2.938.7 bp−$914.5 bp−$145doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya: no data.
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