Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.5400 | 0 | 0.0000% / 8h | 3h 05m | $879 | $154K | 10x | Long SunX≤10% back | |
| SHORT | 7.5552 | 0 | 0.0000% / 8h | 3h 05m | $36K | $58K | 20x | Short Variational Omni+15% pts |
Price gap+0.202%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$20 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—0.0000% /8h now · no funding history yet
Price—spread +0.202% now · no price history on both exchanges yet
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds funding history
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.202%
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
/8hONDS on 13 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $500SunX 10x, 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: $0.00Long SunX: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Note: No 7-day spread history+0.202%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$879 vs $36K 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 legSunX No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate$0.00
Price spread+0.202% → 0+$20.22
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 58 min ago; Variational Omni: RFQ quote, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX508.02doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni8.6467.3 bp−$67121.7 bp−$1,217doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 16:22 | Variational Omni | Listing | Ondas $ONDS perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 09-29 14:35 | Variational Omni | Listing | new market ONDS ($ONDS) seen by our collector |