Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against Binance−0.088%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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: Variational Omni is 0.088% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance COWUSDT | 0.1602 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $2.1M | $3.3M | 50x |
| Short | Variational Omni COW | 0.1601 | 0.0100 | get 0.0050% / 4h | 3h 39m | $8K | $3K | — |
Binance COWUSDT
Variational Omni COWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.088% → 0.000%
- −$8.83
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$18.83
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; Variational Omni: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 11 min ago | 3.12 bp | 29.7 bp −$30 | 132.8 bp −$1,328 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
COW on 11 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin COW-USDT | +0.0075% | 4h | 0.1603 | +0.062% | $137K | $32K | 75x | as long as short |
| Aster COWUSDT | +0.0100% | 4h | 0.1604 | +0.115% | $30K | $13K | 5x | as long as short |
| Binance COWUSDTlong | +0.0100% | 4h | 0.1602 | long leg | $2.1M | $3.3M | 50x | |
| Bybit COWUSDT | +0.0100% | 4h | 0.1604 | +0.106% | $961K | $517K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1603 | +0.062% | $128K | $73K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1602 | 0.000% | $595K | $199K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1603 | +0.062% | $220K | $43K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1601 | −0.062% | $373K | $237K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1602 | 0.000% | — | $6.6M | — | as long as short |
| Variational Omni COWshort | +0.0100% | 4h | 0.1601 | −0.088% | $8K | $3K | — |
BloFin COW-USDT
Aster COWUSDT
Bybit COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
BingX COW-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_COWUSD | +0.1657% | 1h | 0.1602 | −0.014% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD