Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 58.830 | 0 | 0.0000% / 8h | 2h 25m | $492K | $3.5M | 10x | Long Binance | |
| SHORT | 59.311 | 0 | 0.0000% / 8h | 2h 25m | $25K | $274K | 20x | Short Variational Omni+15% pts |
Price gap+0.817%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$94 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−$30.0000% /8h now · paid −0.030% over the last 7D
Price+$94spread +0.817% now, avg −0.119% → +0.937% if it goes back
Costs−$1891.888% of $10k · taker + slippage, in and out
Result−$98−0.98%+ 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+0.817%
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
/8hPENG on 14 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size31.7 / 83.5 bpAt $10k entering Variational Omni costs 83.5 bp, fee and slippage, 2.6× Binance’s.
- Note: Margin at max leverage$1,000 + $500Binance 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 Binance: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- OK: Entry gap works for you+0.817% vs −0.119%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$25K vs $492K 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: KYCBinance Yes · Variational Omni NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$2.96
Price spread+0.817% → −0.119% (7d avg)+$93.68
Slippage, 4 orderslive order books−$180.82
Fee Binance bp × 2 orders−$8.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$98.11
Costs to cover1.888%Break-evennever at this rate
Slippage: Binance: live order book, 5 min ago; Variational Omni: RFQ quote, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance7.5731.7 bp−$32115.8 bp−$1,158doesn’t fitdoesn’t fit
SELL · SHORTVariational Omni2.6383.5 bp−$83146.9 bp−$1,469doesn’t fitdoesn’t fit
Closing costs about the same again.
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