Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 988.13 | −0.0493 | get 0.0062% / 1h | 6m 31s | $1.3M | $1.0M | 10x | Long Backpack | |
| SHORT | 988.24 | 0 | 0.0000% / 8h | 4h 06m | $4.8M | $5.7M | 20x | Short Variational Omni+15% pts |
Price gap+0.011%
Funding gap+0.0493% /8h
Funding pays +$15 a day on $10k, but the gap is 0.033% under its 7d average: −$3 if it goes back, about 5 hours of funding. At the last 7 days' pace that is about 2.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9+0.0493% /8h now · paid +0.091% over the last 7D
Price−$3spread +0.011% now, avg +0.045% → −0.033% if it goes back
Costs−$200.195% of $10k · taker + slippage, in and out
Result−$14−0.14%+ 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 +0.091% in total, about +0.0043%/8h on average.
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+0.011%
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
/8hMU on 46 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- OK: Fits both order books6.8 / 3.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $500Backpack 10x, Variational Omni 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$14.79Long Backpack: 24 payments, +$14.79; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.011% vs +0.045%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Long leg is thinner$1.3M vs $4.8M OIBoth legs are deep; Backpack is the smaller one.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCBackpack Yes · Variational Omni NoKYC (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+0.0043%/8h × 21 periods+$9.10
Price spread+0.011% → +0.045% (7d avg)−$3.35
Slippage, 4 orderslive order books−$9.55
Fee Backpack bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$13.79
Costs to cover0.195%Break-even17.6 days
Slippage: Backpack: live order book, 1 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.866.8 bp−$734.1 bp−$341doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni1.873.6 bp−$45.3 bp−$53doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 17:38 | QFEX | Other | Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗ |
| 10-28 04:09 | HTX | Other | 10 trading opportunities. 3 tickers to watch 👀 $MU → Storage upcycle continues $BTC → $1.37B in spot ETF inflows $AAPL → Touchscreen MacBook Pro event on What charts are you watching? Trade the action 24/7 on @HTXFutures @HTX_Global on X ↗ |
| 10-27 04:32 | HTX | Other | 10 Trade Opportunities. 3 to Watch: $MU → Memory stocks are rallying $BTC → ETF outflows ease after two days $NVDA → Meta raises $95B for AI with them What’s your play? 👇 Trade the action 24/7 on @HTXFutures @HTX_Global 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 10:40 | Reya | Listing | $AMD $MU $INTC perps are live on Reya. Accelerators, memory and fabs. Three more ways to be right. Or wrong. Trade RWAs Up to 15x, around the clock. Not inside yet? Join the waitlist. @reya_xyz on X ↗ |
| 10-21 03:55 | HTX | Other | 10 trades on the radar. 3 setups worth watching: $XRP → Spot ETF inflows hit $591M $MU → AI memory demand stays strong $USOIL → Hormuz mine strikes, supply down What’s on your watchlist? 👇 Trade 24/7 on @HTXFutures @HTX_Global on X ↗ |


HTX
Injective