Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Funding arb · Price arb / RWA

VRT

RWAAll VRT markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
BinanceVRTUSDT
251.4200.0000% / 8h3h 04m$1.1M$735K25xLong Binance
SHORT
BingXNCSKVRT2USD-USDT
251.39+0.0033get 0.0033% / 8h3h 04m$996K$1.3M—Short BingX
Price gap−0.013%
Funding gap+0.0033% /8h

Funding pays +$1 a day on $10k, but the gap is 0.028% under its 7d average: −$3 if it goes back, about 2.8 days of funding. At the last 7 days' pace that is about 16 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$30+0.0033% /8h now · paid +0.296% over the last 7D
Price−$3spread −0.013% now, avg +0.015% → −0.028% if it goes back
Costs−$1481.476% of $10k · taker + slippage, in and out
Result−$121−1.21%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now−0.013%
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

/8h

VRT on 10 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size33.9 / 41.3 bp
    At $10k entering BingX costs 41.3 bp, fee and slippage, 1.2× Binance’s.
  • Note: Margin at max leverage$400 + —
    Binance 25x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.99Long Binance: 3 payments, $0.00; short BingX: 3 payments, +$0.99.
  • Watch: Gap narrower than usual−0.013% vs +0.015%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$996K vs $1.1M OI
    BingX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Yes · BingX Yes
    Verified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0141%/8h × 21 periods+$29.62
Price spread−0.013% → +0.015% (7d avg)−$2.79
Slippage, 4 orderslive order books−$129.56
Fee Binance bp × 2 orders−$8.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$120.73
Costs to cover1.476%Break-even35.5 days
Slippage: Binance: live order book, 7 min ago; BingX: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance1.7933.9 bp−$34136.0 bp−$1,360doesn’t fitdoesn’t fit
SELL · SHORTBingX5.7741.3 bp−$4193.7 bp−$937412.9 bp−$41.3K935.8 bp−$467.9K

Closing costs about the same again.

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