Settings8H · net · $10k
Funding arb · Price arb /

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.012%
Price spread now: Variational Omni against Bybit+0.127%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.127% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CIENUSDT368.340get 0.0000% / 8h2h 28m$169K$1.5M25x
ShortVariational Omni CIEN368.810get 0.0000% / 8h2h 28m$9K$13K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.127% → 0.000%
$12.72
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1.72
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 3 min ago10.45 bp107.0 bp −$107204.7 bp −$2,047doesn't fitdoesn'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.

CIEN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CIENUSDT0.0000%8h368.77+0.117%$493K$1.2M20xas long as short
Bybit CIENUSDTlong0.0000%8h368.34long leg$169K$1.5M25x
OKX CIEN-USDT-SWAP0.0000%8h368.53+0.052%$133K$227K20xas long as short
Gate CIEN_USDT0.0000%8h368.50+0.043%$303K$40K20xas long as short
Bitget CIENUSDT0.0000%8h368.58+0.065%$85K$345K20xas long as short
Variational Omni CIENshort0.0000%8h368.81+0.127%$9K$13K
QFEX CIEN-USD+0.0056%1h368.56+0.060%$1.1M$4.7M10xas long as short
Paragon para:CIEN+0.0060%1h368.44+0.027%$90K$99K10xas long as short
KuCoin CIENUSDTM+0.0100%8h368.96+0.168%$102K$108K20xas long as short
SunX CIEN-USDT+0.0100%8h368.86+0.141%$1K$1.1M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CIEN-USDT+0.0100%8h372.67+1.176%$9K$39K10xas long as short