Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 107.20 | +0.0050 | pay 0.0050% / 8h | 4h 11m | $933K | $1.7M | — | Long BingX | |
| SHORT | 106.91 | 0 | 0.0000% / 8h | 4h 11m | $75K | $99K | 20x | Short Variational Omni+15% pts |
Price gap−0.271%
Funding gap−0.0050% /8h
Both sides work against this direction now: funding costs $2 a day on $10k and the gap is 0.228% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$16−0.0050% /8h now · paid −0.161% over the last 7D
Price−$23spread −0.271% now, avg −0.043% → −0.228% if it goes back
Costs−$1801.804% of $10k · taker + slippage, in and out
Result−$219−2.19%+ 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−0.271%
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
/8hWMT on 17 exchanges
lowest funding firstBefore you open
2 ok · 4 to watch- Watch: Thin at this size30.8 / 57.0 bpAt $10k entering Variational Omni costs 57.0 bp, fee and slippage, 1.8× BingX’s.
- Note: Margin at max leverage— + $500BingX —, Variational Omni 20x. 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: −$1.50Long BingX: 3 payments, −$1.50; short Variational Omni: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.271% vs −0.043%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$75K vs $933K 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: KYCBingX Yes · Variational Omni NoAdvanced 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−0.0077%/8h × 21 periods−$16.11
Price spread−0.271% → −0.043% (7d avg)−$22.82
Slippage, 4 orderslive order books−$170.40
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$219.33
Costs to cover1.804%Break-evennever at this rate
Slippage: BingX: live order book, 14 min ago; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX13.5330.8 bp−$3157.0 bp−$570112.3 bp−$11.2K533.0 bp−$266.5K
SELL · SHORTVariational Omni5.2857.0 bp−$57103.6 bp−$1,036doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-28 19:52 | gTrade (Gains Network) | Listing | WMT/USD no longer reported ($WMT) seen by our collector |
| 09-28 16:43 | Avantis | Other | 3/ Consumer, health, and industrials $AMGN $ABNB $BKNG $TMUS $WMT $ISRG $GILD $VRTX $REGN $LIN $ADP $HON $CSCO Trade the REAL economy via travel, health and retail @verantaxyz on X ↗ |
| 09-24 14:15 | Avantis | Listing | new market WMT/USD ($WMT) seen by our collector |
| 09-21 13:35 | gTrade (Gains Network) | Listing | new market WMT/USD ($WMT) seen by our collector |
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