Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.17 per $10,000 · paid last 24h 0.000%
Price spread now: BloFin against Variational Omni−0.050%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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.050% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COW | 0.1611 | 0.0100 | pay 0.0050% / 4h | 1h 58m | $6K | $592 | — |
| Short | BloFin COW-USDT | 0.1610 | 0.0065 | get 0.0033% / 4h | 1h 58m | $133K | $30K | 75x |
Variational Omni COW
BloFin COW-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.27
- Price spread: −0.050% → 0.000%
- −$4.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$24.25
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; BloFin: live order book, 7 min ago. 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 7 min ago | 3.11 bp | 22.2 bp −$22 | 77.6 bp −$776 | doesn't fit | doesn'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.
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-USDTshort | +0.0065% | 4h | 0.1610 | −0.050% | $133K | $30K | 75x | |
| Aster COWUSDT | +0.0100% | 4h | 0.1609 | −0.125% | $30K | $12K | 5x | as long as short |
| Binance COWUSDT | +0.0100% | 4h | 0.1610 | −0.050% | $2.1M | $2.8M | 50x | as long as short |
| Gate COW_USDT | +0.0100% | 4h | 0.1608 | −0.174% | $119K | $58K | 50x | as long as short |
| MEXC COW_USDT | +0.0100% | 4h | 0.1608 | −0.174% | $582K | $186K | 20x | as long as short |
| KuCoin COWUSDTM | +0.0100% | 4h | 0.1607 | −0.236% | $237K | $39K | 20x | as long as short |
| Bitget COWUSDT | +0.0100% | 4h | 0.1610 | −0.050% | $384K | $194K | 50x | as long as short |
| Variational Omni COWlong | +0.0100% | 4h | 0.1611 | long leg | $6K | $592 | — | |
| Bybit COWUSDT | +0.0160% | 4h | 0.1610 | −0.062% | $956K | $463K | 25x | as long as short |
| BingX COW-USDT | +0.0198% | 4h | 0.1609 | −0.112% | — | $6.6M | — | as long as short |
Aster COWUSDT
Binance COWUSDT
Gate COW_USDT
MEXC COW_USDT
KuCoin COWUSDTM
Bitget COWUSDT
Bybit 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 | −0.063% | $5K | $212 | 10x | as long as short |
Kraken Futures PF_COWUSD