Funding you earn now, next payment 00:00 UTC+0.1156%/8h= +126.6% APRnext payment +$5.78 per $10,000 · paid last 24h +0.322%
Price spread now: KuCoin against Variational Omni+0.485%7-day average +0.094% · 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)+0.586%+$59 on $10k
+Price spread, last 3 days (all we have)−0.867%−$87 · spread now +0.485%, 7d avg +0.094%
=Together, before fees−0.281%+ Points / potential airdropVariational Omni: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$35 a day on $10k at the current rate, and KuCoin is 0.390% dearer against Variational Omni than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of +0.094%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.03927 | −0.1056 | get 0.0528% / 4h | 2m 35s | $611K | $31K | — |
| Short | KuCoin SUSDTM | 0.03946 | 0.0100 | get 0.0050% / 4h | 2m 35s | $1.8M | $2.9M | 50x |
Funding 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
- $242.81
- Price spread: +0.485% → +0.094%
- $39.04
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $269.85
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 11 min ago; KuCoin: live order book, 5 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, 11 min ago | 5.10 bp | doesn't fit | 114.7 bp −$1,147 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 3.81 bp | 107.6 bp −$108 | 285.1 bp −$2,851 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.6104% | 1h | 0.03840 | −2.215% | $23K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2116% | 1h | 0.03941 | +0.351% | $33K | $23K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1336% | 1h | 0.03826 | −2.571% | $47K | $5K | 25x | as long as short |
| Variational Omni Slong | −0.1056% | 4h | 0.03927 | long leg | $611K | $31K | — | |
| GMX S/USD [WBTC.b-USDC] | L −0.0205% / S +0.0197% | 1h | 0.03951 | +0.614% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.03945 | +0.451% | $4 | — | 15x | as long as short |
| Deribit S_USDC-PERPETUAL | −0.0003% | 1h | 0.03949 | +0.561% | $66K | $10K | 10x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.03950 | +0.595% | $609 | — | 150x | as long as short |
| Orderly PERP_S_USDC | +0.0025% | 4h | 0.03947 | +0.510% | $101K | $337K | 10x | as long as short |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +4.406% | $2K | $37K | 12x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter S | +0.0096% | 1h | 0.03949 | +0.561% | $165K | $217K | 5x | as long as short |
| Hyperliquid S | +0.0100% | 1h | 0.03944 | +0.434% | $988K | $664K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.03949 | +0.559% | $43K | $142K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.03944 | +0.434% | $5.4M | $16.7M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.03940 | +0.332% | $5.6M | $5.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.03943 | +0.408% | $984K | $4.8M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.03938 | +0.281% | $321K | $259K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.03943 | +0.408% | $3.6M | $1.9M | 200x | as long as short |
| KuCoin SUSDTMshort | +0.0100% | 4h | 0.03946 | +0.485% | $1.8M | $2.9M | 50x | |
| Bitget SUSDT | +0.0100% | 4h | 0.03945 | +0.459% | $1.2M | $2.5M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.03942 | +0.383% | — | $6.7M | — | as long as short |
| Backpack S_USDC_PERP | +0.0100% | 1h | 0.03950 | +0.586% | $115K | $313K | 5x | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.03940 | +0.332% | $25K | $448K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.03942 | +0.377% | $221K | $877K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.03935 | +0.204% | $265K | $125K | 75x | as long as short |
Variational Omni S
KuCoin SUSDTM
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
Deribit S_USDC-PERPETUAL
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
Bitget SUSDT
BingX S-USDT
Backpack S_USDC_PERP
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT