Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 11.590 | +0.0050 | pay 0.0050% / 8h | 5h 45m | $929K | $1.2M | — | Long BingX | |
| SHORT | 11.565 | 0 | 0.0000% / 8h | 5h 45m | $41K | $288K | 20x | Short Variational Omni+15% pts |
Price gap−0.216%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.199% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$10−0.0050% /8h now · paid −0.096% over the last 7D
Price−$20spread −0.216% now, avg −0.017% → −0.199% if it goes back
Costs−$1381.375% of $10k · taker + slippage, in and out
Result−$167−1.67%+ 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−0.216%
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
/8hRIVN on 14 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size27.6 / 42.7 bpAt $10k entering Variational Omni costs 42.7 bp, fee and slippage, 1.5× BingX’s.
- Note: Margin at max leverage— + $500BingX —, 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: −$1.50Long BingX: 3 payments, −$1.50; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.216% vs −0.017%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$41K vs $929K 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: KYCBingX Yes · Variational Omni NoAdvanced 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 earned−0.0046%/8h × 21 periods−$9.62
Price spread−0.216% → −0.017% (7d avg)−$19.87
Slippage, 4 orderslive order books−$127.52
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$167.01
Costs to cover1.375%Break-evennever at this rate
Slippage: BingX: live order book, 8 min ago; Variational Omni: RFQ quote, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX12.9627.6 bp−$2849.3 bp−$493136.5 bp−$13.6K589.9 bp−$295.0K
SELL · SHORTVariational Omni15.7242.7 bp−$4369.7 bp−$697doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 15:08 | tradeXYZ | Other | Earnings this week on TradeXYZ: Tue 10/27: Robinhood (HOOD), SK hynix (SKHX, SKHY) Wed 10/28: Microsoft (MSFT), Alphabet (GOOGL), ServiceNow (NOW), GE Vernova (GEV), United Microelectronic Corp (UMC), eBay (EBAY) Thu 10/29: Eli Lilly (LLY), Samsung (SAMSUNG), Amazon (AMZN), Intel (INTC), Sandisk (SNDK), Coinbase (COIN), Strategy (MSTR), Reddit (RDDT), Rivian (RIVN) Fri 10/30: Chevron (CVX), Kioxia (KIOXIA) @tradexyz on X ↗ |
| 10-09 17:31 | Vest Markets | Other | Hims & Hers is rebounding from Thursday's near-5% decline, with $HIMS up around 4% on the session. Truist card data released Thursday showed a 16% month-over-month drop in September GLP-1 billings, with Q3 billings still up 22% quarter-over-quarter. Former Rivian controller Jonathan Franklin also takes over as principal accounting officer at $HIMS today, per an SEC filing. @VestExchange on X ↗ |


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