Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 16.897 | +0.0122 | pay 0.0122% / 8h | 1h 07m | $85K | $3K | 20x | Long Variational Omni+15% pts | |
| SHORT | 16.900 | +0.1011 | get 0.1011% / 8h | 1h 07m | $919K | $1.2M | — | Short BingX |
Price gap+0.017%
Funding gap+0.0889% /8h
Funding trade: +$27 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+$19+0.0889% /8h now · paid +0.188% over the last 7D
Price—spread +0.017% now · no price history on both exchanges yet
Costs−$1161.161% of $10k · taker + slippage, in and out
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.188% in total, about +0.0090%/8h on average.
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.017%
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
/8hUVXY on 16 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size24.4 / 16.7 bpAt $10k entering Variational Omni costs 24.4 bp, fee and slippage, 1.5× 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: +$26.66Long Variational Omni: 3 payments, −$3.67; short BingX: 3 payments, +$30.33.
- Note: No 7-day spread history+0.017%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$85K vs $919K 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+0.0090%/8h × 21 periods+$18.82
Price spread+0.017% → 0+$1.69
Slippage, 4 orderslive order books−$106.13
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$95.62
Costs to cover1.161%Break-even42.6 days
Slippage: Variational Omni: RFQ quote, 56 min ago; BingX: live order book, 3 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni11.4624.4 bp−$2437.4 bp−$374doesn’t fitdoesn’t fit
SELL · SHORTBingX8.8716.7 bp−$1769.6 bp−$696122.5 bp−$12.2K757.1 bp−$378.6K
Closing costs about the same again.
QFEX