Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 30.207 | 0 | 0.0000% / 8h | 4h 45m | $63K | $98K | 20x | Long Variational Omni+15% pts | |
| SHORT | 30.240 | 0 | 0.0000% / 8h | 4h 45m | $1.1M | $739K | 20x | Short Bitget |
Price gap+0.109%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$11 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$20.0000% /8h now · paid −0.019% over the last 7D
Price—spread +0.109% now · no price history on both exchanges yet
Costs−$2122.120% of $10k · taker + slippage, in and out
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+0.109%
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
/8hIONQ on 15 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size73.6 / 28.1 bpAt $10k entering Variational Omni costs 73.6 bp, fee and slippage, 2.6× Bitget’s.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, Bitget 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 Bitget: 3 payments, $0.00.
- Note: No 7-day spread history+0.109%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$63K vs $1.1M OIVariational Omni 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 · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0009%/8h × 21 periods−$1.88
Price spread+0.109% → 0+$10.89
Slippage, 4 orderslive order books−$200.04
Fee Variational Omni bp × 2 orders$0.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k−$203.03
Costs to cover2.120%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 2 min ago; Bitget: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.7473.6 bp−$74141.8 bp−$1,418doesn’t fitdoesn’t fit
SELL · SHORTBitget4.9628.1 bp−$2858.1 bp−$581doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 15:39 | Variational Omni | Listing | IonQ $IONQ perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 10-21 02:21 | Variational Omni | Listing | new market IONQ ($IONQ) seen by our collector |

