Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 1,711.8 | +0.1078 | pay 0.0539% / 4h | 5m 08s | $924K | $1.5M | — | Long BingX | |
| SHORT | 1,709.8 | +0.0566 | get 0.0283% / 4h | 5m 08s | $268K | $418K | 20x | Short Variational Omni+15% pts |
Price gap−0.119%
Funding gap−0.0512% /8h
Both sides work against this direction now: funding costs $15 a day on $10k and the gap is 0.094% 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−$65−0.0512% /8h now · paid −0.648% over the last 7D
Price−$9spread −0.119% now, avg −0.025% → −0.094% if it goes back
Costs−$430.426% of $10k · taker + slippage, in and out
Result−$117−1.17%+ 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−0.119%
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
/8hXPT on 23 exchanges
lowest funding firstBefore you open
3 ok · 3 to watch- OK: Fits both order books8.5 / 6.5 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- 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 interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$15.37Long BingX: 6 payments, −$32.34; short Variational Omni: 6 payments, +$16.97.
- Watch: Gap narrower than usual−0.119% vs −0.025%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$268K vs $924K 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−0.0309%/8h × 21 periods−$64.84
Price spread−0.119% → −0.025% (7d avg)−$9.45
Slippage, 4 orderslive order books−$32.55
Fee BingX bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$116.85
Costs to cover0.426%Break-evennever at this rate
Slippage: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 8 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX1.358.5 bp−$915.1 bp−$15190.1 bp−$9,007315.0 bp−$157.5K
SELL · SHORTVariational Omni2.196.5 bp−$79.5 bp−$95doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-29 17:00 | MEXC | Other | 7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗ |
| 09-23 13:33 | Kalshi | Listing | new market KXPLATINUMPERP ($XPT) seen by our collector |
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