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

COW

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Alert: funding
Alert: spread
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 KuCoin+0.190%7-day average · you sell dearer than you buy
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: Variational Omni is 0.190% dearer against KuCoin than usual: you sell high and buy low, +$19 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COWUSDTM0.15920.0100pay 0.0050% / 4h2h 20m$218K$42K20x
ShortVariational Omni COW0.15950.0100get 0.0050% / 4h2h 20m$8K$3K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against KuCoin. 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: +0.190% → 0.000%
$18.99
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$6.99
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 22 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 22 min ago25.17 bp291.1 bp −$291doesn't fitdoesn't fitdoesn'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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin COW-USDT+0.0071%4h0.1589−0.188%$134K$31K75xas long as short
Aster COWUSDT+0.0100%4h0.1592+0.008%$30K$13K5xas long as short
Binance COWUSDT+0.0100%4h0.1595+0.158%$2.1M$3.2M50xas long as short
Bybit COWUSDT+0.0100%4h0.1594+0.132%$970K$498K25xas long as short
Gate COW_USDT+0.0100%4h0.15920.000%$121K$76K50xas long as short
MEXC COW_USDT+0.0100%4h0.1594+0.126%$583K$208K20xas long as short
KuCoin COWUSDTMlong+0.0100%4h0.1592long leg$218K$42K20x
Bitget COWUSDT+0.0100%4h0.15920.000%$372K$231K50xas long as short
BingX COW-USDT+0.0100%4h0.1593+0.063%$6.6Mas long as short
Variational Omni COWshort+0.0100%4h0.1595+0.190%$8K$3K
Show all 11 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_COWUSD+0.0663%1h0.1594+0.152%$5K$19910xas long as short