Funding you earn now, next payment 07:00 UTC−0.0069%/8h= −7.6% APRpaid last 24h +0.006%
Price spread now: QFEX against Variational Omni−0.496%47s7-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 −$2 a day on $10k at the current rate, and QFEX is 0.496% cheaper against Variational Omni than usual: you would sell low and buy high (−$50 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CAT | 817.47 | 0.0123 | pay 0.0123% / 8h | 1h 33m | $84K | $30K | — |
| Short | QFEX CAT-USD | 813.41 | 0.0054 | get 0.0007% / 1h | 33m 53s | $1.1M | $3.7M | 10x |
Variational Omni CAT
QFEX CAT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$14.57
- Price spread: −0.496% → 0.000%
- −$49.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$74.2
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; QFEX: live order book, 9 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 no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 9 min ago | 9.66 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
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.
CAT on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CAT_USDT | 0.0000% | 8h | 817.50 | +0.004% | $175K | $23K | 20x | as long as short |
| Bitget CATUSDT | 0.0000% | 8h | 817.83 | +0.044% | $481K | $146K | 20x | as long as short |
| QFEX CAT-USDshort | +0.0054% | 1h | 813.41 | −0.496% | $1.1M | $3.7M | 10x | |
| Variational Omni CATlong | +0.0123% | 8h | 817.47 | long leg | $84K | $30K | — | |
| Binance CATUSDT | +0.0283% | 8h | 816.20 | −0.155% | $442K | $390K | 25x | as long as short |
Gate CAT_USDT
Bitget CATUSDT
Binance CATUSDT