Funding you earn now, next payment 00:00 UTC+0.1107%/8h= +121.2% APRnext payment +$5.54 per $10,000 · paid last 24h +0.120%
Price spread now: Variational Omni against KuCoin−1.654%7-day average +0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.107%+$11 on $10k
+Price spread, last 7 days+1.543%+$154 · spread now −1.654%, 7d avg +0.151%
=Together, before fees+1.650%+ Points / potential airdropVariational Omni: Active · farm board+$165 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 1.805% cheaper against KuCoin than usual: you would sell low and buy high (spread −1.654% now, against its 7-day average of +0.151%). If the spread goes back, that is −$181 on $10k: about 5.4 days of funding at the current rate (+$33 a day). At the pace of the last 3 days (+0.107% in total) that is about 56 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.107% in total (about 11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin USELESSUSDTM | 0.2794 | 0.0328 | pay 0.0164% / 4h | 55m 59s | $5.2M | $9.9M | 12x |
| Short | Variational Omni USELESS | 0.2748 | 0.1435 | get 0.0718% / 4h | 55m 59s | $1.2M | $1.7M | — |
KuCoin USELESSUSDTM
Variational Omni USELESSFunding 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
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $232.51
- Price spread: −1.654% → +0.151%
- −$180.54
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $39.97
- Costs to cover
- 0.120%
- Break-even
- 5.8 days
Slippage unknown: KuCoin: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 KuCoin live order book, 2 min ago | 8.29 bp | 45.4 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 5.42 bp | doesn't fit | 77.6 bp −$776 | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2793 | −0.043% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2793 | −0.036% | $31K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2795 | +0.050% | $9.7M | $65.4M | 10x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2791 | −0.107% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2793 | −0.047% | $18K | $492K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2785 | −0.319% | $560K | $1.2M | 20x | as long as short |
| Polymarket Perps USELESS-USD | +0.0106% | 1h | 0.2793 | −0.029% | $29K | $152K | 3x | as long as short |
| Aevo USELESS-PERP | +0.0208% | 1h | 0.2795 | +0.057% | $10K | — | 3x | as long as short |
| ApeX Omni USELESSUSDT | +0.0276% | 1h | 0.2770 | −0.855% | $38K | $701K | 25x | as long as short |
| KuCoin USELESSUSDTMlong | +0.0328% | 4h | 0.2794 | long leg | $5.2M | $9.9M | 12x |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Polymarket Perps USELESS-USD
Aevo USELESS-PERP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0376% | 4h | 0.2791 | −0.118% | $7.0M | $8.2M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0436% | 4h | 0.2795 | +0.043% | $5.3M | $9.2M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0498% | 4h | 0.2772 | −0.767% | $21K | $191K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0522% | 4h | 0.2795 | +0.032% | $10.2M | $5.9M | 50x | as long as short |
| Binance USELESSUSDT | +0.0526% | 4h | 0.2795 | +0.029% | $23.6M | $115.0M | 50x | as long as short |
| Extended USELESS-USD | +0.0528% | 1h | 0.2794 | −0.005% | $293K | $966K | 5x | as long as short |
| Aster USELESSUSDT | +0.1138% | 4h | 0.2788 | −0.194% | $641K | $2.2M | 10x | as long as short |
| BingX USELESS-USDT | +0.1194% | 4h | 0.2796 | +0.075% | — | $5.0M | — | as long as short |
| Bybit USELESSUSDT | +0.1221% | 4h | 0.2796 | +0.068% | $27.8M | $45.3M | 13x | as long as short |
| Hyperliquid USELESS | +0.1264% | 1h | 0.2797 | +0.118% | $13.8M | $20.9M | 3x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1329% | 4h | 0.2795 | +0.025% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESSshort | +0.1435% | 4h | 0.2748 | −1.654% | $1.2M | $1.7M | — | |
| BloFin USELESS-USDT | +0.1634% | 4h | 0.2793 | −0.032% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.2946 | +5.451% | $5K | $9K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Binance USELESSUSDT
Extended USELESS-USD
Aster USELESSUSDT
BingX USELESS-USDT
Bybit USELESSUSDT
Hyperliquid USELESS
Orderly PERP_USELESS_USDC
BloFin USELESS-USDT
Injective USELESS/USDC PERP