Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 17.060 | +0.0050 | pay 0.0050% / 8h | 4h 05m | $949K | $1.3M | — | Long BingX | |
| SHORT | 17.147 | 0 | 0.0000% / 8h | 4h 05m | $142K | $318K | 20x | Short Variational Omni+15% pts |
Price gap+0.508%
Funding gap−0.0050% /8h
The gap pays +$67 on $10k if it goes back to its 7d average, but funding costs $2 a day and eats that in about 45 days.
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+$67spread +0.508% now, avg −0.163% → +0.671% if it goes back
Costs−$1061.058% of $10k · taker + slippage, in and out
Result−$48−0.48%+ 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+0.508%
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
/8hSOFI on 16 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size22.3 / 30.5 bpAt $10k entering Variational Omni costs 30.5 bp, fee and slippage, 1.4× 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.
- OK: Entry gap works for you+0.508% vs −0.163%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$142K vs $949K 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+0.508% → −0.163% (7d avg)+$67.10
Slippage, 4 orderslive order books−$95.81
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$48.33
Costs to cover1.058%Break-evennever at this rate
Slippage: BingX: live order book, 10 min ago; Variational Omni: RFQ quote, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX11.7122.3 bp−$2235.9 bp−$35999.9 bp−$9,990607.2 bp−$303.6K
SELL · SHORTVariational Omni9.5030.5 bp−$3151.6 bp−$516doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 10-14 09:14 | OKX | Listing | new market SOFI-USDT-SWAP ($SOFI) seen by our collector |
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| 10-07 16:51 | Avantis | Listing | new market SOFI/USD ($SOFI) seen by our collector |
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