Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 14.259 | 0 | 0.0000% / 8h | 3h 00m | $113K | $104K | 20x | Long Variational Omni+15% pts | |
| SHORT | 14.270 | +0.0231 | get 0.0231% / 8h | 3h 00m | $911K | $1.6M | — | Short BingX |
Price gap+0.076%
Funding gap+0.0231% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.033% above its 7d average: +$3 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$31+0.0231% /8h now · paid +0.310% over the last 7D
Price+$3spread +0.076% now, avg +0.042% → +0.033% if it goes back
Costs−$1471.468% of $10k · taker + slippage, in and out
Result−$112−1.12%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.076%
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
/8hUSAR on 17 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size68.0 / 12.9 bpAt $10k entering Variational Omni costs 68.0 bp, fee and slippage, 5.3× 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: +$6.93Long Variational Omni: 3 payments, $0.00; short BingX: 3 payments, +$6.93.
- OK: Entry gap works for you+0.076% vs +0.042%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$113K vs $911K 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+0.0148%/8h × 21 periods+$31.00
Price spread+0.076% → +0.042% (7d avg)+$3.33
Slippage, 4 orderslive order books−$136.79
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$112.46
Costs to cover1.468%Break-even32.4 days
Slippage: Variational Omni: RFQ quote, 7 min ago; BingX: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni9.7468.0 bp−$68116.1 bp−$1,161doesn’t fitdoesn’t fit
SELL · SHORTBingX3.5212.9 bp−$1328.1 bp−$281124.2 bp−$12.4K643.2 bp−$321.6K
Closing costs about the same again.