Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 42.790 | 0 | 0.0000% / 8h | 4h 34m | $19K | $805K | 20x | Long KuCoin | |
| SHORT | 42.617 | 0 | 0.0000% / 8h | 4h 34m | $192K | $11K | 20x | Short Variational Omni+15% pts |
Price gap−0.405%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.317% under its 7d average: the price leg works against you, −$32 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$310.0000% /8h now · paid −0.308% over the last 7D
Price−$32spread −0.405% now, avg −0.088% → −0.317% if it goes back
Costs−$9229.224% of $10k · taker + slippage, in and out
Result−$985−9.85%+ 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−0.405%
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 18 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size100.2 / 305.0 bpAt $10k entering Variational Omni costs 305.0 bp, fee and slippage, 3.0× KuCoin’s.
- Note: Margin at max leverage$500 + $500KuCoin 20x, 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: $0.00Long KuCoin: 3 payments, $0.00; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.405% vs −0.088%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$19K vs $192K OIKuCoin sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni pointsVolume here counts toward the points program.
- Watch: KYCKuCoin Yes · Variational Omni NoStandard KYC (ID and face check) for any product since Aug 2023.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0147%/8h × 21 periods−$30.80
Price spread−0.405% → −0.088% (7d avg)−$31.73
Slippage, 4 orderslive order books−$910.36
Fee KuCoin bp × 2 orders−$12.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$984.89
Costs to cover9.224%Break-evennever at this rate
Slippage: KuCoin: live order book, 39 min ago; Variational Omni: RFQ quote, 13 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGKuCoin17.55100.2 bp−$100doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTVariational Omni12.17305.0 bp−$305595.0 bp−$5,950doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-21 09:00 | KuCoin | Listing | new market URNMUSDTM ($URNM) seen by our collector |
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