Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,601.6 | +0.0050 | pay 0.0050% / 8h | 3h 39m | $1.4M | $1.2M | 20x | Long Variational Omni+15% pts | |
| SHORT | 1,604.1 | +0.0050 | get 0.0050% / 8h | 3h 39m | — | $1.7M | — | Short BingX |
Price gap+0.151%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$11 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price+$11spread +0.151% now, avg +0.042% → +0.109% if it goes back
Costs−$940.942% of $10k · taker + slippage, in and out
Result−$83−0.83%+ 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+0.151%
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
/8hOPENAI on 23 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size45.7 / 8.7 bpAt $10k entering Variational Omni costs 45.7 bp, fee and slippage, 5.2× 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: $0.00Long Variational Omni: 3 payments, −$1.50; short BingX: 3 payments, +$1.50.
- OK: Entry gap works for you+0.151% vs +0.042%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Open interest unknown$1.4M vs — OIBingX reports no open interest, so the legs cannot be compared.
- 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 earned0.0000%/8h × 21 periods$0.00
Price spread+0.151% → +0.042% (7d avg)+$10.90
Slippage, 4 orderslive order books−$84.20
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$83.29
Costs to cover0.942%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 34 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni3.2545.7 bp−$4682.8 bp−$828doesn’t fitdoesn’t fit
SELL · SHORTBingX0.038.7 bp−$923.9 bp−$239133.3 bp−$13.3Kdoesn’t fit
Closing costs about the same again.
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