Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 123.70 | 0 | 0.0000% / 8h | 2h 23m | $159K | $140K | 20x | Long Variational Omni+15% pts | |
| SHORT | 123.75 | 0 | 0.0000% / 8h | 2h 23m | $1K | $709K | 10x | Short SunX≤10% back |
Price gap+0.044%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.025% under its 7d average: the price leg works against you, −$2 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$100.0000% /8h now · paid −0.095% over the last 7D
Price−$2spread +0.044% now, avg +0.069% → −0.025% if it goes back
Costs−$2282.284% of $10k · taker + slippage, in and out
Result−$240−2.40%+ 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+0.044%
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
/8hNOW on 21 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size37.5 / 66.8 bpAt $10k entering SunX costs 66.8 bp, fee and slippage, 1.8× Variational Omni’s.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, SunX 10x. 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: $0.00Long Variational Omni: 3 payments, $0.00; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual+0.044% vs +0.069%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$1K vs $159K OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0045%/8h × 21 periods−$9.50
Price spread+0.044% → +0.069% (7d avg)−$2.45
Slippage, 4 orderslive order books−$220.40
Fee Variational Omni bp × 2 orders$0.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$240.35
Costs to cover2.284%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 9 min ago; SunX: live order book, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.1937.5 bp−$3762.7 bp−$627doesn’t fitdoesn’t fit
SELL · SHORTSunX47.9766.8 bp−$67doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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