Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 262.44 | +0.0050 | pay 0.0050% / 8h | 5h 31m | $939K | $2.8M | — | Long BingX | |
| SHORT | 262.16 | 0 | 0.0000% / 8h | 5h 31m | $711K | $158K | 20x | Short Variational Omni+15% pts |
Price gap−0.108%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.055% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$9−0.0050% /8h now · paid −0.089% over the last 7D
Price−$6spread −0.108% now, avg −0.053% → −0.055% if it goes back
Costs−$360.358% of $10k · taker + slippage, in and out
Result−$50−0.50%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / ExitBingX: thin, under $1M open interest · Variational Omni: 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−0.108%
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
/8hMRVL on 33 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books7.1 / 10.1 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage— + $500BingX —, 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: −$1.50Long BingX: 3 payments, −$1.50; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.108% vs −0.053%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$711K vs $939K 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: KYCBingX Yes · Variational Omni NoAdvanced 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−0.0043%/8h × 21 periods−$8.94
Price spread−0.108% → −0.053% (7d avg)−$5.52
Slippage, 4 orderslive order books−$25.84
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$50.30
Costs to cover0.358%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 62 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX0.197.1 bp−$79.3 bp−$9327.4 bp−$2,74183.9 bp−$41.9K
SELL · SHORTVariational Omni3.5410.1 bp−$1016.6 bp−$166doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market MRVL/USD ($MRVL) seen by our collector |
| 09-16 13:44 | Deribit | Listing | 🚨 Always Open. To More. Now live on Deribit: Trade 17 new equity and ETF perpetuals across technology, ETFs, semiconductors, fintech, and crypto linked equities. All settled in USDC. MSTR · CRCL · NVDA · MSFT · META · TSLA · AAPL · GOOGL · AMZN · QQQ · SPY · AMD · HOOD · INTC · MRVL · SPCX · TSM This launch is part of Deribit’s biggest-ever product expansion: more than 90 new USDC-settled perpetuals across crypto, listed equities and ETFs, commodities, the COIN50 index and private-market valuations. Read more: Deribit. Always Open. Equity, Commodity and Pre-IPO perpetuals are offered under the Limited Licence Approval Deribit FZE received from VARA, and are subject to the conditions, eligibility requirements and restrictions applicable to that approval. @DeribitOfficial on X ↗ |
gTrade (Gains Network)
Deribit