Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.5748 | 0 | 0.0000% / 8h | 2h 24m | $19K | $75K | 20x | Long Variational Omni+15% pts | |
| SHORT | 7.6000 | +0.0050 | get 0.0050% / 8h | 2h 24m | $918K | $1.2M | — | Short BingX |
Price gap+0.333%
Funding gap+0.0050% /8h
Both sides work: funding pays +$2 a day on $10k, and the gap is 0.333% above zero (no 7-day history yet): +$33 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0050% /8h now · no funding history yet
Price—spread +0.333% now · no price history on both exchanges yet
Costs−$1831.826% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.333%
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
2 ok · 3 to watch- Watch: Thin at this size63.3 / 26.9 bpAt $10k entering Variational Omni costs 63.3 bp, fee and slippage, 2.4× BingX’s.
- 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 interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.50Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$1.50.
- Note: No 7-day spread history+0.333%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$19K vs $918K 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 earnedno history yet: current rate+$10.50
Price spread+0.333% → 0+$33.25
Slippage, 4 orderslive order books−$172.60
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$138.85
Costs to cover1.826%Break-even99.6 days
Slippage: Variational Omni: RFQ quote, 43 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni8.6463.3 bp−$63112.3 bp−$1,123doesn’t fitdoesn’t fit
SELL · SHORTBingX9.9626.9 bp−$2785.2 bp−$852264.4 bp−$26.4K744.2 bp−$372.1K
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 |