Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,048.7 | 0 | 0.0000% / 4h | 1h 08m | $484K | $47K | 20x | Long Variational Omni+15% pts | |
| SHORT | 1,050.1 | +0.0226 | get 0.0113% / 4h | 1h 08m | $935K | $6.6M | — | Short BingX |
Price gap+0.137%
Funding gap+0.0226% /8h
Both sides work: funding pays +$7 a day on $10k, and the gap is 0.037% above its 7d average: +$4 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$29+0.0226% /8h now · paid +0.285% over the last 7D
Price+$4spread +0.137% now, avg +0.099% → +0.037% if it goes back
Costs−$500.499% of $10k · taker + slippage, in and out
Result−$18−0.18%+ Points / potential airdropVariational Omni: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.137%
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
/8hXPD on 19 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- Watch: Thin at this size17.8 / 6.7 bpAt $10k entering Variational Omni costs 17.8 bp, fee and slippage, 2.6× 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$6.78Long Variational Omni: 6 payments, $0.00; short BingX: 6 payments, +$6.78.
- OK: Entry gap works for you+0.137% vs +0.099%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$484K vs $935K 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+0.0136%/8h × 21 periods+$28.51
Price spread+0.137% → +0.099% (7d avg)+$3.74
Slippage, 4 orderslive order books−$39.95
Fee Variational Omni bp × 2 orders$0.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$17.69
Costs to cover0.499%Break-even11.3 days
Slippage: Variational Omni: RFQ quote, 11 min ago; BingX: live order book, 14 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni2.5217.8 bp−$1830.9 bp−$309doesn’t fitdoesn’t fit
SELL · SHORTBingX0.386.7 bp−$712.7 bp−$12744.1 bp−$4,407462.1 bp−$231.1K
Closing costs about the same again.
Kalshi