Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.3671 | +0.0311 | pay 0.0311% / 8h | 2h 24m | $51K | $65K | 20x | Long Variational Omni+15% pts | |
| SHORT | 7.3700 | 0 | 0.0000% / 8h | 2h 24m | $80K | $145K | 20x | Short KuCoin |
Price gap+0.039%
Funding gap−0.0311% /8h
The gap pays +$4 on $10k if it goes back to zero (no 7-day history yet), but funding costs $9 a day and eats that in about 10 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0311% /8h now · no funding history yet
Price—spread +0.039% now · no price history on both exchanges yet
Costs−$7697.693% of $10k · taker + slippage, in and out
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+0.039%
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 size98.1 / 268.5 bpAt $10k entering KuCoin costs 268.5 bp, fee and slippage, 2.7× Variational Omni’s.
- Note: Margin at max leverage$500 + $500Variational Omni 20x, KuCoin 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: −$9.32Long Variational Omni: 3 payments, −$9.32; short KuCoin: 3 payments, $0.00.
- Note: No 7-day spread history+0.039%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$51K vs $80K 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 · KuCoin YesStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$65.27
Price spread+0.039% → 0+$3.91
Slippage, 4 orderslive order books−$757.33
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$830.69
Costs to cover7.693%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 15 min ago; KuCoin: live order book, 70 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.3298.1 bp−$98186.8 bp−$1,868doesn’t fitdoesn’t fit
SELL · SHORTKuCoin6.80268.5 bp−$269doesn’t fitdoesn’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 |

