Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 7.0518 | 0 | 0.0000% / 8h | 3h 14m | $12K | $82K | 20x | Long Variational Omni+15% pts | |
| SHORT | 7.0650 | 0 | 0.0000% / 8h | 3h 14m | $210K | $2.2M | 25x | Short Bybit |
Price gap+0.187%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$19 on $10k if the gap goes back to zero (no 7-day history yet).
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$10.0000% /8h now · paid +0.011% over the last 7D
Price—spread +0.187% now · no price history on both exchanges yet
Costs−$3953.953% of $10k · taker + slippage, in and out
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+0.187%
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
/8hWEN on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Watch: Thin at this size93.2 / 98.3 bpAt $10k entering Bybit costs 98.3 bp, fee and slippage, 1.1× Variational Omni’s.
- Note: Margin at max leverage$500 + $400Variational Omni 20x, Bybit 25x. 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 Variational Omni: 3 payments, $0.00; short Bybit: 3 payments, $0.00.
- Note: No 7-day spread history+0.187%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$12K vs $210K 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 · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0005%/8h × 21 periods+$1.10
Price spread+0.187% → 0+$18.72
Slippage, 4 orderslive order books−$384.31
Fee Variational Omni bp × 2 orders$0.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$375.49
Costs to cover3.953%Break-even2400.3 days
Slippage: Variational Omni: RFQ quote, 23 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni6.3893.2 bp−$93174.3 bp−$1,743doesn’t fitdoesn’t fit
SELL · SHORTBybit0.7198.3 bp−$98262.5 bp−$2,625doesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-27 00:18 | Ondo Perps | Listing | new market WEN-USD.P ($WEN) seen by our collector |
Ondo Perps