Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.6% APRpaid last 24h +0.006%
Price spread now: Variational Omni against QFEX0.000%47s7-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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate. 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 | QFEX CIEN-USD | 372.56 | 0.0060 | pay 0.0008% / 1h | 48m 40s | $1.1M | $4.7M | 10x |
| Short | Variational Omni CIEN | 372.56 | 0 | get 0.0000% / 8h | 48m 40s | $50K | $54K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against QFEX. 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
- −$12.68
- Price spread: 0.000% → 0.000%
- −$0.04
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$22.73
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 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 QFEX live order book, 5 min ago | 2.01 bp | 9.6 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.34 | −0.059% | $172K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.50 | −0.016% | $134K | $215K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.60 | +0.011% | $306K | $40K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 372.37 | −0.051% | $86K | $280K | 20x | as long as short |
| Variational Omni CIENshort | 0.0000% | 8h | 372.56 | 0.000% | $50K | $54K | — | |
| Binance CIENUSDT | +0.0014% | 8h | 372.77 | +0.058% | $539K | $1.3M | 20x | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 372.13 | −0.114% | $91K | $95K | 10x | as long as short |
| QFEX CIEN-USDlong | +0.0060% | 1h | 372.56 | long leg | $1.1M | $4.7M | 10x | |
| SunX CIEN-USDT | +0.0100% | 8h | 372.30 | −0.070% | $1K | $1.1M | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.57 | +0.808% | $9K | $40K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0244% | 8h | 373.00 | +0.118% | $102K | $130K | 20x | as long as short |
Variational Omni CIEN
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
Binance CIENUSDT
Paragon para:CIEN
SunX CIEN-USDT
HTX CIEN-USDT
KuCoin CIENUSDTM