Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 15.752 | 0 | 0.0000% / 8h | 7h 59m | $31K | $70K | 20x | Long Variational Omni+15% pts | |
| SHORT | 15.754 | +0.0148 | get 0.0019% / 1h | 59m 51s | $209K | $34K | 10x | Short Paragon |
Price gap+0.010%46s
Funding gap+0.0148% /8h
Funding trade: +$4 a day on $10k at the current rate, before costs. The price gap is at zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0148% /8h now · no funding history yet
Price—spread +0.010%46s now · prices read too far apart to compare
Costs−$1971.965% of $10k · taker + slippage, in and out
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+0.010%
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 11 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size70.7 / 29.5 bpAt $10k entering Variational Omni costs 70.7 bp, fee and slippage, 2.4× Paragon’s.
- Note: Margin at max leverage$500 + $1,000Variational Omni 20x, Paragon 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: +$4.45Long Variational Omni: 3 payments, $0.00; short Paragon: 24 payments, +$4.45.
- Watch: Prices read 46 s apart+0.010% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$31K vs $209K OIVariational Omni sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Paragon NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$31.13
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$194.71
Fee Variational Omni bp × 2 orders$0.00
Fee Paragon bp × 2 orders−$1.80
Net · 7 days · $10k−$165.37
price spread not counted: prices read too far apartCosts to cover1.965%Break-even44.2 days
Slippage: Variational Omni: RFQ quote, 14 min ago; Paragon: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni10.0970.7 bp−$71127.9 bp−$1,279doesn’t fitdoesn’t fit
SELL · SHORTParagon28.2829.5 bp−$30138.1 bp−$1,381doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 20:41 | Variational Omni | Listing | SoFi Technologies $SOFI perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗ |
| 09-30 20:06 | Variational Omni | Listing | new market SOFI ($SOFI) seen by our collector |
| 09-25 16:59 | Paragon | Other | SoFi opened crypto transfers to outside wallets, with bank custody and a fixed network fee. $SOFI trades 24/7 on Hyperliquid. Up to 10x leverage. Trade now on Hyperliquid: @tradeparagon on X ↗ |

