Funding you earn now, next payment 04:00 UTC−0.0171%/8h= −18.7% APRnext payment −$0.85 per $10,000 · paid last 24h −0.001%
Price spread now: KuCoin against Variational Omni+0.447%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.556%−$56 · spread now +0.447%, 7d avg +0.036%
=Together, before fees−0.557%+ Points / potential airdropVariational Omni: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.411% dearer against Variational Omni than usual: you sell high and buy low (spread +0.447% now, against its 7-day average of +0.036%): +$41 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 8.0 days. At the pace of the last 3 days (−0.001% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NIL | 0.07101 | 0.0271 | pay 0.0135% / 4h | 2h 06m | $192K | $268K | — |
| Short | KuCoin NILUSDTM | 0.07133 | 0.0100 | get 0.0050% / 4h | 2h 06m | $541K | $655K | 30x |
Variational Omni NIL
KuCoin NILUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$35.82
- Price spread: +0.447% → +0.036%
- $41.05
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$6.77
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; KuCoin: live order book, 32 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 RFQ quote, 63 min ago | 9.40 bp | doesn't fit | 233.6 bp −$2,336 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 32 min ago | 10.86 bp | 61.4 bp −$61 | 550.6 bp −$5,506 | doesn't fit | doesn't fit |
NIL 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 NILUSDT | +0.0100% | 4h | 0.07130 | +0.408% | $23K | $339K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07141 | +0.560% | $5.6M | $74.6M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07132 | +0.433% | $3.9M | $13.5M | 20x | as long as short |
| Gate NIL_USDT | +0.0100% | 4h | 0.07130 | +0.405% | $454K | $1.9M | 50x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07135 | +0.475% | $2.4M | $4.6M | 100x | as long as short |
| KuCoin NILUSDTMshort | +0.0100% | 4h | 0.07133 | +0.447% | $541K | $655K | 30x | |
| Bitget NILUSDT | +0.0100% | 4h | 0.07147 | +0.644% | $1.8M | $8.1M | 50x | as long as short |
| BingX NIL-USDT | +0.0100% | 4h | 0.07137 | +0.503% | — | $8.4M | — | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07138 | +0.516% | $17K | $91K | 5x | as long as short |
| Variational Omni NILlong | +0.0271% | 4h | 0.07101 | long leg | $192K | $268K | — |
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
Gate NIL_USDT
MEXC NIL_USDT
Bitget NILUSDT
BingX NIL-USDT
Extended NIL-USDShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid NIL | +0.2379% | 1h | 0.07163 | +0.874% | $4.5M | $4.4M | 3x | as long as short |
Hyperliquid NIL