Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 641.09 | 0 | 0.0000% / 8h | 7h 26m | $3.2M | $1.5M | 20x | Long Variational Omni+15% pts | |
| SHORT | 641.49 | +0.0050 | get 0.0006% / 1h | 26m 42s | $789K | $43K | 10x | Short Backpack |
Price gap+0.063%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.042% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$56+0.0050% /8h now · paid +0.565% over the last 7D
Price+$4spread +0.063% now, avg +0.021% → +0.042% if it goes back
Costs−$300.303% of $10k · taker + slippage, in and out
Result+$30+0.30%+ 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+0.063%
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
/8hMETA on 44 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books8.1 / 5.7 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$1.50Long Variational Omni: 3 payments, $0.00; short Backpack: 24 payments, +$1.50.
- OK: Entry gap works for you+0.063% vs +0.021%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$789K vs $3.2M OIBackpack 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 · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0269%/8h × 21 periods+$56.49
Price spread+0.063% → +0.021% (7d avg)+$4.22
Slippage, 4 orderslive order books−$20.32
Fee Variational Omni bp × 2 orders$0.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k+$30.38
Costs to cover0.303%Break-even3.2 days
Slippage: Variational Omni: RFQ quote, 3 min ago; Backpack: live order book, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni2.498.1 bp−$813.3 bp−$133doesn’t fitdoesn’t fit
SELL · SHORTBackpack0.315.7 bp−$6doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-23 12:16 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-23 12:15 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |
| 10-23 08:35 | Phemex | Other | $META beat on revenue. Then spent its way to −7%. Wall Street's closed. We're not. Buy the beat 🟢 or fade the spend 🔴? 👇 @Phemex_official on X ↗ |
| 10-22 22:57 | Injective | Token | The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗ |
| 10-22 13:30 | Vest Markets | Other | Trade $META post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-22 13:30 | Vest Markets | Other | $META reported Q3 revenue of $64.60B, up 26% YoY, versus the $63.3B expected, with GAAP EPS of $3.83. At the open, $META is down close to 3%, with the $73B-$76B Q4 revenue outlook weighed against the $175B-$179B 2026 expense outlook. → Revenue: $64.60B vs. $63.3B consensus, versus Meta's $61B-$64B outlook → EPS: $3.83 GAAP vs. $3.57 expected, or $7.40 excluding a $9.89B legal charge → Capex: $34.91B, versus $31.08B in Q2 → Q4 revenue outlook: $73B-$76B $META also plans non-voting Class C stock from January 19, 2027, with a dividend expected to work as a 2-for-1 split and no change to shareholder voting power. @VestExchange on X ↗ |


SoDEX
Phemex
Injective