Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.921 | 0 | 0.0000% / 8h | 3h 13m | $134K | $350K | 20x | Long Variational Omni+15% pts | |
| SHORT | 16.900 | +0.0032 | get 0.0004% / 1h | 13m 29s | $60K | $114K | 10x | Short Lighter RH+10% pts |
Price gap−0.124%
Funding gap+0.0032% /8h
Funding pays +$1 a day on $10k, but the gap is 0.126% under its 7d average: −$13 if it goes back, about 13 days of funding. At the last 7 days' pace that is about 3.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$23+0.0032% /8h now · paid +0.230% over the last 7D
Price−$13spread −0.124% now, avg +0.003% → −0.126% if it goes back
Costs−$1001.003% of $10k · taker + slippage, in and out
Result−$90−0.90%+ Points / potential airdropVariational Omni: points · Lighter RH: Points live · 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−0.124%
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
2 ok · 4 to watch- Watch: Thin at this size45.4 / 6.4 bpAt $10k entering Variational Omni costs 45.4 bp, fee and slippage, 7.1× Lighter RH’s.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, Lighter RH 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$0.96Long Variational Omni: 3 payments, $0.00; short Lighter RH: 24 payments, +$0.96.
- Watch: Gap narrower than usual−0.124% vs +0.003%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$60K vs $134K OILighter RH sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · Lighter RH Points liveVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Lighter RH NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0110%/8h × 21 periods+$23.01
Price spread−0.124% → +0.003% (7d avg)−$12.63
Slippage, 4 orderslive order books−$100.27
Fee Variational Omni bp × 2 orders$0.00
Fee Lighter RH bp × 2 orders$0.00
Net · 7 days · $10k−$89.90
Costs to cover1.003%Break-even34.3 days
Slippage: Variational Omni: RFQ quote, 24 min ago; Lighter RH: live order book, 53 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni9.4545.4 bp−$4581.3 bp−$813doesn’t fitdoesn’t fit
SELL · SHORTLighter RH3.526.4 bp−$658.4 bp−$584doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-28 08:42 | Bitget | Other | $SOFI surged after beating both EPS and revenue expectations. What's your take on the move? @bitget on X ↗ |
| 10-23 16:53 | Backpack | Other | Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗ |
| 10-14 09:14 | OKX | Listing | new market SOFI-USDT-SWAP ($SOFI) seen by our collector |
| 10-12 09:00 | KuCoin | Listing | new market SOFIUSDTM ($SOFI) seen by our collector |
| 10-08 18:33 | Avantis | Other | 3/ Mobility and fintech $UBER: rides, delivery and robotaxis. $GRAB: Southeast Asia superapp for rides, food and payments. $SOFI: the digital bank for loans, banking and investing. @verantaxyz on X ↗ |
| 10-07 16:51 | Avantis | Listing | new market SOFI/USD ($SOFI) seen by our collector |


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