Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 47.834 | +0.1233 | pay 0.1233% / 8h | 3h 06m | $167K | $21K | 20x | Long Variational Omni+15% pts | |
| SHORT | 47.810 | +0.1634 | get 0.1634% / 8h | 3h 06m | $910K | $1.4M | — | Short BingX |
Price gap−0.050%
Funding gap+0.0401% /8h
Funding pays +$12 a day on $10k, but the gap is 0.077% under its 7d average: −$8 if it goes back, about 15 hours of funding. At the last 7 days' pace that is about 31 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$42+0.0401% /8h now · paid +0.418% over the last 7D
Price−$8spread −0.050% now, avg +0.026% → −0.077% if it goes back
Costs−$4594.588% of $10k · taker + slippage, in and out
Result−$425−4.25%+ 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−0.050%
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
2 ok · 4 to watch- Watch: Thin at this size216.5 / 52.6 bpAt $10k entering Variational Omni costs 216.5 bp, fee and slippage, 4.1× BingX’s.
- Note: Margin at max leverage$500 + —Variational Omni 20x, BingX —. 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: +$12.02Long Variational Omni: 3 payments, −$37.00; short BingX: 3 payments, +$49.02.
- Watch: Gap narrower than usual−0.050% vs +0.026%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long 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: KYCVariational Omni No · BingX YesAdvanced 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−0.050% → +0.026% (7d avg)−$7.67
Slippage, 4 orderslive order books−$448.81
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$424.69
Costs to cover4.588%Break-even78.1 days
Slippage: Variational Omni: RFQ quote, 64 min ago; BingX: live order book, 11 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni13.26216.5 bp−$217411.5 bp−$4,115doesn’t fitdoesn’t fit
SELL · SHORTBingX18.8452.6 bp−$53146.2 bp−$1,462540.6 bp−$54.1K962.4 bp−$481.2K
Closing costs about the same again.
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