Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.610 | +0.0689 | pay 0.0689% / 8h | 5h 22m | $910K | $1.4M | — | Long BingX | |
| SHORT | 47.784 | 0 | 0.0000% / 8h | 5h 22m | $167K | $22K | 20x | Short Variational Omni+15% pts |
Price gap+0.365%
Funding gap−0.0689% /8h
The gap pays +$39 on $10k if it goes back to its 7d average, but funding costs $21 a day and eats that in about 46 hours. At the last 7 days' pace that is about 6.6 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$42−0.0689% /8h now · paid −0.418% over the last 7D
Price+$39spread +0.365% now, avg −0.029% → +0.394% if it goes back
Costs−$5375.373% of $10k · taker + slippage, in and out
Result−$540−5.40%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.418% in total, about −0.0199%/8h on average.
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+0.365%
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
/8hURNM on 16 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size46.2 / 134.3 bpAt $10k entering Variational Omni costs 134.3 bp, fee and slippage, 2.9× 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: −$20.67Long BingX: 3 payments, −$20.67; short Variational Omni: 3 payments, $0.00.
- OK: Entry gap works for you+0.365% vs −0.029%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$167K vs $910K 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−0.0199%/8h × 21 periods−$41.79
Price spread+0.365% → −0.029% (7d avg)+$39.43
Slippage, 4 orderslive order books−$527.28
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$539.64
Costs to cover5.373%Break-evennever at this rate
Slippage: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 58 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX25.2046.2 bp−$46115.2 bp−$1,152540.2 bp−$54.0K975.3 bp−$487.7K
SELL · SHORTVariational Omni8.90134.3 bp−$134252.8 bp−$2,528doesn’t fitdoesn’t fit
Closing costs about the same again.
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