Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.05 per $10,000 · paid last 24h 0.000%
Price spread now: Variational Omni against BloFin+0.065%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Variational Omni is 0.065% dearer against BloFin than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 22 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin COW-USDT | 0.1612 | 0.0110 | pay 0.0055% / 4h | 1h 07m | $134K | $31K | 75x |
| Short | Variational Omni COW | 0.1613 | 0.0100 | get 0.0050% / 4h | 1h 07m | $6K | $592 | — |
BloFin COW-USDT
Variational Omni COWFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$2.07
- Price spread: +0.065% → 0.000%
- $6.52
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$7.54
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 59 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 BloFin live order book, 59 min ago | 3.11 bp | 17.6 bp −$18 | 75.3 bp −$753 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster COWUSDT | +0.0100% | 4h | 0.1613 | +0.031% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1611 | −0.087% | $2.1M | $2.9M | 50x | as long as short |
| Bybit COWUSDT | +0.0100% | 4h | 0.1610 | −0.093% | $950K | $470K | 25x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1610 | −0.124% | $118K | $60K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1611 | −0.062% | $575K | $191K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1610 | −0.124% | $228K | $42K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1609 | −0.186% | $374K | $174K | 50x | as long as short |
| BingX COW-USDT | +0.0100% | 4h | 0.1611 | −0.062% | — | $6.6M | — | as long as short |
| Variational Omni COWshort | +0.0100% | 4h | 0.1613 | +0.065% | $6K | $592 | — | |
| BloFin COW-USDTlong | +0.0110% | 4h | 0.1612 | long leg | $134K | $31K | 75x |
Aster COWUSDT
Binance 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 | +0.0943% | 1h | 0.1610 | −0.112% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD