Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 41.180 | 0 | 0.0000% / 8h | 6h 35m | $226K | $90K | 20x | Long Variational Omni+15% pts | |
| SHORT | 41.160 | +0.0187 | get 0.0187% / 8h | 6h 35m | $908K | $1.8M | — | Short BingX |
Price gap−0.049%
Funding gap+0.0187% /8h
Funding pays +$6 a day on $10k, but the gap is 0.085% under its 7d average: −$8 if it goes back, about 36 hours of funding. At the last 7 days' pace that is about 5.4 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$11+0.0187% /8h now · paid +0.110% over the last 7D
Price−$8spread −0.049% now, avg +0.036% → −0.085% if it goes back
Costs−$650.648% of $10k · taker + slippage, in and out
Result−$62−0.62%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.110% in total, about +0.0052%/8h on average.
Price and funding
1h · loading 5m…Entry / ExitVariational Omni: thin, under $1M open interest · BingX: thin, under $1M open interest
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−0.049%
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
/8hIREN on 21 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size30.8 / 8.4 bpAt $10k entering Variational Omni costs 30.8 bp, fee and slippage, 3.7× BingX’s.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. 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: +$5.61Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$5.61.
- Watch: Gap narrower than usual−0.049% vs +0.036%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$226K vs $908K 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 · BingX YesAdvanced 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 outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0052%/8h × 21 periods+$11.01
Price spread−0.049% → +0.036% (7d avg)−$8.48
Slippage, 4 orderslive order books−$54.84
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$62.30
Costs to cover0.648%Break-even46.6 days
Slippage: Variational Omni: RFQ quote, 63 min ago; BingX: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.7630.8 bp−$3153.1 bp−$531doesn’t fitdoesn’t fit
SELL · SHORTBingX1.218.4 bp−$822.5 bp−$22588.3 bp−$8,833530.2 bp−$265.1K
Closing costs about the same again.
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BloFin
gTrade (Gains Network)
Avantis
Paragon