Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.597 | +0.0587 | pay 0.0587% / 8h | 3h 07m | $92K | $226K | 20x | Long OKX | |
| SHORT | 22.574 | +0.0650 | get 0.0650% / 8h | 3h 07m | $79K | $3K | 20x | Short Variational Omni+15% pts |
Price gap−0.101%
Funding gap+0.0063% /8h
Funding pays +$2 a day on $10k, but the gap is 0.101% under zero (no 7-day history yet): −$10 if it goes back, about 5.3 days of funding. At the last 7 days' pace that is about 2.5 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$28+0.0063% /8h now · paid +0.278% over the last 7D
Price—spread −0.101% now · no price history on both exchanges yet
Costs−$3413.412% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Variational Omni price against OKXnow
RANGE STATS · 7D
Now−0.101%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hKSTR on 13 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size115.3 / 56.9 bpAt $10k entering OKX costs 115.3 bp, fee and slippage, 2.0× Variational Omni’s.
- Note: Margin at max leverage$500 + $500OKX 20x, 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: +$1.90Long OKX: 3 payments, −$17.61; short Variational Omni: 3 payments, +$19.51.
- Note: No 7-day spread history−0.101%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$79K vs $92K 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: KYCOKX Yes · Variational Omni NoAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0135%/8h × 21 periods+$28.36
Price spread−0.101% → 0−$10.06
Slippage, 4 orderslive order books−$331.19
Fee OKX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$322.89
Costs to cover3.412%Break-even86.7 days
Slippage: OKX: live order book, 18 min ago; Variational Omni: RFQ quote, 22 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGOKX7.32115.3 bp−$115doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni9.0056.9 bp−$5797.2 bp−$972doesn’t fitdoesn’t fit
Closing costs about the same again.