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
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 −$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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CIEN | 372.52 | 0.0120 | pay 0.0120% / 8h | 6m 51s | $50K | $54K | — |
| Short | Gate CIEN_USDT | 372.10 | 0 | get 0.0000% / 8h | 6m 51s | $305K | $40K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 18.81 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDT | 0.0000% | 8h | 372.36 | −0.043% | $175K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.15 | −0.099% | $135K | $213K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 372.10 | −0.113% | $305K | $40K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 372.40 | −0.032% | $89K | $224K | 20x | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 372.00 | −0.141% | $91K | $90K | 10x | as long as short |
| QFEX CIEN-USD | +0.0060% | 1h | 372.33 | −0.051% | $1.1M | $4.8M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.47 | −0.013% | $223 | $1.0M | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 375.66 | +0.843% | $9K | $40K | 10x | as long as short |
| Variational Omni CIENlong | +0.0120% | 8h | 372.52 | long leg | $50K | $54K | — | |
| Binance CIENUSDT | +0.0232% | 8h | 372.60 | +0.022% | $533K | $1.2M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0462% | 8h | 372.83 | +0.083% | $102K | $140K | 20x | as long as short |
Variational Omni CIEN
Gate CIEN_USDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
Paragon para:CIEN
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDT
KuCoin CIENUSDTM