Funding you earn now, next payment 08:00 UTC−0.0852%/8h= −93.3% APRnext payment −$4.26 per $10,000 · paid last 24h −0.033%
Price spread now: Variational Omni against KuCoin−0.344%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 −$26 a day on $10k at the current rate, and Variational Omni is 0.344% cheaper against KuCoin than usual: you would sell low and buy high (−$34 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 | KuCoin METISUSDTM | 3.5190 | 0.0952 | pay 0.0476% / 4h | 3h 54m | $633K | $194K | 30x |
| Short | Variational Omni METIS | 3.5069 | 0.0100 | get 0.0050% / 4h | 3h 54m | $33K | $34K | — |
KuCoin METISUSDTM
Variational Omni METISFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$178.92
- Price spread: −0.344% → 0.000%
- −$34.42
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$225.34
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 20 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 KuCoin live order book, 20 min ago | 15.56 bp | 311.0 bp −$311 | doesn't fit | 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.
METIS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −8.781% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5101 | −0.252% | $11K | $25K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5100 | −0.257% | $2.1M | $4.3M | 50x | as long as short |
| Bybit METISUSDT | +0.0100% | 4h | 3.5130 | −0.171% | $693K | $591K | 20x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5040 | −0.426% | $386K | $991K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5100 | −0.256% | $152K | $130K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5100 | −0.256% | $709K | $234K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5010 | −0.512% | $207K | $451K | 50x | as long as short |
| Variational Omni METISshort | +0.0100% | 4h | 3.5069 | −0.344% | $33K | $34K | — | |
| Kraken Futures PF_METISUSD | +0.0184% | 1h | 3.4940 | −0.710% | $2K | $3K | 10x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
Bybit METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
Kraken Futures PF_METISUSDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METISUSDTMlong | +0.0952% | 4h | 3.5190 | long leg | $633K | $194K | 30x | |
| BingX METIS-USDT | +0.1460% | 4h | 3.5090 | −0.284% | — | $2.4M | — | as long as short |
BingX METIS-USDT