Funding you earn now, next payment 08:00 UTC−0.0310%/8h= −34.0% APRnext payment −$3.10 per $10,000 · paid last 24h −0.008%
Price spread now: Variational Omni against KuCoin−0.173%7-day average — · 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)—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 −$9 a day on $10k at the current rate, and Variational Omni is 0.173% cheaper against KuCoin than usual: you would sell low and buy high (−$17 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 CIENUSDTM | 373.68 | 0.0493 | pay 0.0493% / 8h | 7h 54m | $100K | $145K | 20x |
| Short | Variational Omni CIEN | 373.03 | 0.0183 | get 0.0183% / 8h | 7h 54m | $50K | $54K | — |
KuCoin CIENUSDTM
Variational Omni CIENFunding 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
- −$65.14
- Price spread: −0.173% → 0.000%
- −$17.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$94.41
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 59 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, 59 min ago | 9.11 bp | 237.9 bp −$238 | 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.
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 373.53 | −0.040% | $134K | $214K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.70 | −0.262% | $306K | $38K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 371.81 | −0.500% | $89K | $223K | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 373.76 | +0.021% | $1.1M | $4.8M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 373.28 | −0.107% | $806 | $962K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.71 | +0.543% | $9K | $40K | 10x | as long as short |
| Variational Omni CIENshort | +0.0183% | 8h | 373.03 | −0.173% | $50K | $54K | — | |
| Binance CIENUSDT | +0.0281% | 8h | 373.89 | +0.057% | $537K | $1.2M | 20x | as long as short |
| KuCoin CIENUSDTMlong | +0.0493% | 8h | 373.68 | long leg | $100K | $145K | 20x | |
| Bybit CIENUSDT | +0.0937% | 8h | 373.61 | −0.019% | $178K | $1.4M | 25x | as long as short |
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDT
Bybit CIENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.3366% | 1h | 373.00 | −0.182% | $92K | $90K | 10x | as long as short |
Paragon para:CIEN