Funding you earn now, next payment 12:00 UTC−0.0682%/8h= −74.7% APRpaid last 24h −0.028%
Price spread now: Variational Omni against KuCoin−0.394%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 −$20 a day on $10k at the current rate, and Variational Omni is 0.394% cheaper against KuCoin than usual: you would sell low and buy high (−$39 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 ORDERUSDTM | 0.03942 | 0.0782 | pay 0.0391% / 4h | 52m 31s | $243K | $50K | 30x |
| Short | Variational Omni ORDER | 0.03926 | 0.0100 | get 0.0100% / 8h | 4h 52m | $10K | $2K | — |
KuCoin ORDERUSDTM
Variational Omni ORDERFunding 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
- −$143.22
- Price spread: −0.394% → 0.000%
- −$39.42
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$194.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 41 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, 41 min ago | 16.45 bp | 483.5 bp −$483 | 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.
ORDER on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance ORDERUSDT | +0.0100% | 4h | 0.03935 | −0.190% | $1.3M | $1.7M | 50x | as long as short |
| Bybit ORDERUSDT | +0.0100% | 8h | 0.03922 | −0.507% | $1.3M | $684K | 20x | as long as short |
| OKX ORDER-USDT-SWAP | +0.0100% | 4h | 0.03926 | −0.406% | $163K | $208K | 20x | as long as short |
| Gate ORDER_USDT | +0.0100% | 4h | 0.03939 | −0.076% | $72K | $26K | 20x | as long as short |
| MEXC ORDER_USDT | +0.0100% | 4h | 0.03934 | −0.203% | $262K | $93K | 20x | as long as short |
| Bitget ORDERUSDT | +0.0100% | 4h | 0.03931 | −0.279% | $482K | $176K | 20x | as long as short |
| BingX ORDER-USDT | +0.0100% | 4h | 0.03931 | −0.279% | — | $1.3M | — | as long as short |
| Variational Omni ORDERshort | +0.0100% | 8h | 0.03926 | −0.394% | $10K | $2K | — | |
| BloFin ORDER-USDT | +0.0119% | 8h | 0.03932 | −0.254% | $62K | $6K | 16x | as long as short |
| Orderly PERP_ORDER_USDC | +0.0724% | 4h | 0.03934 | −0.203% | $184K | $307K | 10x | as long as short |
Binance ORDERUSDT
Bybit ORDERUSDT
OKX ORDER-USDT-SWAP
Gate ORDER_USDT
MEXC ORDER_USDT
Bitget ORDERUSDT
BingX ORDER-USDT
BloFin ORDER-USDT
Orderly PERP_ORDER_USDCShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin ORDERUSDTMlong | +0.0782% | 4h | 0.03942 | long leg | $243K | $50K | 30x |