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−0.0120%/8h= −13.2% APRnext payment $1.20 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Variational Omni−0.113%7-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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.113% cheaper against Variational Omni than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CIEN372.520.0120pay 0.0120% / 8h6m 51s$50K$54K
ShortGate CIEN_USDT372.100get 0.0000% / 8h6m 51s$305K$40K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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
−$25.26
Price spread: −0.113% → 0.000%
−$11.27
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$51.53
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Variational Omni: no order-book sample; Gate: live order book, 3 min ago. 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 Variational Omni no order-book sample
Sell Gate live order book, 3 min ago18.81 bp27.6 bp −$28doesn't fitdoesn't fitdoesn't fit
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%8h372.36−0.043%$175K$1.5M25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h372.15−0.099%$135K$213K20xas long as short
Gate CIEN_USDTshort0.0000%8h372.10−0.113%$305K$40K20x
Bitget CIENUSDT0.0000%8h372.40−0.032%$89K$224K20xas long as short
Paragon para:CIEN+0.0060%1h372.00−0.141%$91K$90K10xas long as short
QFEX CIEN-USD+0.0060%1h372.33−0.051%$1.1M$4.8M10xas long as short
SunX CIEN-USDT+0.0100%8h372.47−0.013%$223$1.0M10xas long as short
HTX CIEN-USDT+0.0100%8h375.66+0.843%$9K$40K10xas long as short
Variational Omni CIENlong+0.0120%8h372.52long leg$50K$54K
Binance CIENUSDT+0.0232%8h372.60+0.022%$533K$1.2M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CIENUSDTM+0.0462%8h372.83+0.083%$102K$140K20xas long as short