Funding you earn now, next payment 04:00 UTC−0.0153%/8h= −16.8% APRpaid last 24h −0.076%
Price spread now: Variational Omni against Paragon+0.055%7-day average — · 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)—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
The price spread pays, funding is against you. Variational Omni is 0.055% dearer against Paragon than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paragon para:CIEN | 371.98 | 0.0171 | pay 0.0021% / 1h | 41m 32s | $69K | $114K | 10x |
| Short | Variational Omni CIEN | 372.18 | 0.0018 | get 0.0018% / 8h | 4h 41m | $49K | $55K | — |
Paragon para:CIEN
Variational Omni CIENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Paragon. 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
- −$32.16
- Price spread: +0.055% → 0.000%
- $5.51
- Slippage, 4 orders
- no order book: not counted
- Fee Paragon: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.65
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Paragon: live order book, 15 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 Paragon live order book, 15 min ago | 53.08 bp | 60.6 bp −$61 | 176.7 bp −$1,767 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.13 | +0.040% | $176K | $405K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 371.93 | −0.013% | $132K | $185K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.40 | +0.113% | $300K | $37K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 371.90 | −0.022% | $95K | $189K | 20x | as long as short |
| Variational Omni CIENshort | +0.0018% | 8h | 372.18 | +0.055% | $49K | $55K | — | |
| QFEX CIEN-USD | +0.0080% | 1h | 372.20 | +0.059% | $1.1M | $4.2M | 10x | as long as short |
| Binance CIENUSDT | +0.0099% | 8h | 372.35 | +0.098% | $531K | $1.2M | 20x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 372.07 | +0.024% | $100K | $188K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.13 | +0.040% | $949 | $898K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.18 | +0.860% | $9K | $42K | 10x | as long as short |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
Binance CIENUSDT
KuCoin CIENUSDTM
SunX CIEN-USDT
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIENlong | +0.0171% | 1h | 371.98 | long leg | $69K | $114K | 10x |