Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 41.380 | +0.0050 | pay 0.0050% / 8h | 2h 20m | $998K | $1.3M | — | Long BingX | |
| SHORT | 41.636 | 0 | 0.0000% / 8h | 2h 20m | $74K | $52K | 20x | Short Variational Omni+15% pts |
Price gap+0.618%
Funding gap−0.0050% /8h
The gap pays +$62 on $10k if it goes back to zero (no 7-day history yet), but funding costs $2 a day and eats that in about 41 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$15−0.0050% /8h now · paid −0.154% over the last 7D
Price—spread +0.618% now · no price history on both exchanges yet
Costs−$1041.036% of $10k · taker + slippage, in and out
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.618%
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
/8hSMCI on 19 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size15.1 / 30.7 bpAt $10k entering Variational Omni costs 30.7 bp, fee and slippage, 2.0× 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.
- Note: No 7-day spread history+0.618%The gap cannot be compared with its average yet.
- Watch: Short leg is thinner$74K vs $998K 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−0.0074%/8h × 21 periods−$15.44
Price spread+0.618% → 0+$61.78
Slippage, 4 orderslive order books−$93.63
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$57.30
Costs to cover1.036%Break-evennever at this rate
Slippage: BingX: live order book, 1 min ago; Variational Omni: RFQ quote, 47 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.2015.1 bp−$1568.6 bp−$686272.0 bp−$27.2K821.0 bp−$410.5K
SELL · SHORTVariational Omni7.5730.7 bp−$3153.9 bp−$539doesn’t fitdoesn’t fit
Closing costs about the same again.
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