Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 3.0342 | +0.0154 | pay 0.0077% / 4h | 42m 04s | $650K | $247K | 20x | Long Variational Omni+15% pts | |
| SHORT | 3.0360 | +0.0656 | get 0.0328% / 4h | 42m 04s | $979K | $2.5M | — | Short BingX |
Price gap+0.059%
Funding gap+0.0502% /8h
Both sides work: funding pays +$15 a day on $10k, and the gap is 0.053% above its 7d average: +$5 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$50+0.0502% /8h now · paid +0.495% over the last 7D
Price+$5spread +0.059% now, avg +0.006% → +0.053% if it goes back
Costs−$310.315% of $10k · taker + slippage, in and out
Result+$23+0.23%+ 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+0.059%
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 books7.6 / 8.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. 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: +$15.05Long Variational Omni: 6 payments, −$4.63; short BingX: 6 payments, +$19.68.
- OK: Entry gap works for you+0.059% vs +0.006%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$650K 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: KYCVariational Omni No · BingX YesAdvanced 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+0.059% → +0.006% (7d avg)+$5.28
Slippage, 4 orderslive order books−$21.46
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k+$23.35
Costs to cover0.315%Break-even3.7 days
Slippage: Variational Omni: RFQ quote, 36 min ago; BingX: live order book, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni4.487.6 bp−$810.6 bp−$106doesn’t fitdoesn’t fit
SELL · SHORTBingX3.308.3 bp−$811.3 bp−$11325.3 bp−$2,52982.9 bp−$41.4K
Closing costs about the same again.
| 09-29 11:00 | gTrade (Gains Network) | Listing | NATGAS/USD no longer reported ($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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