Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0410 | +0.0630 | pay 0.0315% / 4h | 4m 53s | $979K | $2.5M | — | Long BingX | |
| SHORT | 3.0432 | +0.0150 | get 0.0075% / 4h | 4m 53s | $659K | $255K | 20x | Short Variational Omni+15% pts |
Price gap+0.073%
Funding gap−0.0480% /8h
The gap pays +$8 on $10k if it goes back to its 7d average, but funding costs $14 a day and eats that in about 13 hours. At the last 7 days' pace that is about 27 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$50−0.0480% /8h now · paid −0.495% over the last 7D
Price+$8spread +0.073% now, avg −0.006% → +0.079% if it goes back
Costs−$330.328% of $10k · taker + slippage, in and out
Result−$75−0.75%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.073%
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
/8hNATGAS on 26 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books8.3 / 6.5 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$14.40Long BingX: 6 payments, −$18.90; short Variational Omni: 6 payments, +$4.50.
- OK: Entry gap works for you+0.073% vs −0.006%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$659K vs $979K 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−0.0236%/8h × 21 periods−$49.54
Price spread+0.073% → −0.006% (7d avg)+$7.87
Slippage, 4 orderslive order books−$22.85
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$74.51
Costs to cover0.328%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX3.288.3 bp−$811.6 bp−$11623.9 bp−$2,38776.3 bp−$38.2K
SELL · SHORTVariational Omni4.456.5 bp−$68.5 bp−$85doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($NATGAS) seen by our collector |
| 09-17 19:02 | tradeXYZ | Other | CVX references 1 share of Chevron Corporation common stock (NYSE: CVX), quoted in USD. Chevron produces crude oil and natural gas and manufactures transportation fuels, lubricants, and petrochemicals. @tradexyz on X ↗ |
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