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

CIEN

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Alert: funding
Alert: spread
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
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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CIEN-USD372.560.0060pay 0.0008% / 1h48m 40s$1.1M$4.7M10x
ShortVariational Omni CIEN372.560get 0.0000% / 8h48m 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago2.01 bp9.6 bp −$10doesn't fitdoesn'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
Bybit CIENUSDT0.0000%8h372.34−0.059%$172K$1.5M25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h372.50−0.016%$134K$215K20xas long as short
Gate CIEN_USDT0.0000%8h372.60+0.011%$306K$40K20xas long as short
Bitget CIENUSDT0.0000%8h372.37−0.051%$86K$280K20xas long as short
Variational Omni CIENshort0.0000%8h372.560.000%$50K$54K
Binance CIENUSDT+0.0014%8h372.77+0.058%$539K$1.3M20xas long as short
Paragon para:CIEN+0.0060%1h372.13−0.114%$91K$95K10xas long as short
QFEX CIEN-USDlong+0.0060%1h372.56long leg$1.1M$4.7M10x
SunX CIEN-USDT+0.0100%8h372.30−0.070%$1K$1.1M10xas long as short
HTX CIEN-USDT+0.0100%8h375.57+0.808%$9K$40K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CIENUSDTM+0.0244%8h373.00+0.118%$102K$130K20xas long as short