Settings8H · net · $10k
Funding arb · Price arb /

COOKIE

all COOKIE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%
Price spread now: KuCoin against Variational Omni−1.048%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 1.048% cheaper against Variational Omni than usual: you would sell low and buy high, −$105 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni COOKIE0.012590.0100pay 0.0050% / 4h2h 40m$12K$20K
ShortKuCoin COOKIEUSDTM0.012460.0100get 0.0050% / 4h2h 40m$224K$161K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −1.048% → 0.000%
−$104.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$116.77
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 16 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni no order-book sample
Sell KuCoin live order book, 16 min ago15.70 bp495.3 bp −$495doesn't fitdoesn't fitdoesn't fit
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COOKIE on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance COOKIEUSDT+0.0100%4h0.01243−1.263%$2.1M$9.6M20xas long as short
Bybit COOKIEUSDT+0.0100%4h0.01249−0.809%$868K$1.5M25xas long as short
Gate COOKIE_USDT+0.0100%4h0.01249−0.809%$124K$232K25xas long as short
MEXC COOKIE_USDT+0.0100%4h0.01249−0.809%$634K$366K100xas long as short
KuCoin COOKIEUSDTMshort+0.0100%4h0.01246−1.048%$224K$161K20x
Bitget COOKIEUSDT+0.0100%4h0.01250−0.730%$362K$310K5xas long as short
BingX COOKIE-USDT+0.0100%4h0.01250−0.722%$6.6Mas long as short
Variational Omni COOKIElong+0.0100%4h0.01259long leg$12K$20K
Kraken Futures PF_COOKIEUSD+0.0439%1h0.01248−0.926%$12K$40K10xas long as short