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

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.053%
Price spread now: KuCoin against Variational Omni−0.144%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 4 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
Funding pays, the price is against you. KuCoin is 0.144% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.144% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CIEN365.960get 0.0000% / 8h2h 50m$48K$55K
ShortKuCoin CIENUSDTM365.430.0100get 0.0100% / 8h2h 50m$102K$189K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.144% → 0.000%
−$14.37
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$5.37
Costs to cover
0.120%
Break-even
8.8 days
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago12.04 bp279.5 bp −$280doesn'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
Bitget CIENUSDT−0.0011%8h367.29+0.365%$97K$195K20xas long as short
Binance CIENUSDT0.0000%8h365.89−0.019%$527K$1.3M20xas long as short
Bybit CIENUSDT0.0000%8h365.63−0.089%$175K$382K25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h364.85−0.302%$132K$185K20xas long as short
Gate CIEN_USDT0.0000%8h366.30+0.094%$287K$40K20xas long as short
Variational Omni CIENlong0.0000%8h365.96long leg$48K$55K
QFEX CIEN-USD+0.0002%1h366.41+0.124%$1.1M$4.0M10xas long as short
KuCoin CIENUSDTMshort+0.0100%8h365.43−0.144%$102K$189K20x
SunX CIEN-USDT+0.0100%8h366.01+0.015%$1K$875K10xas long as short
HTX CIEN-USDT+0.0100%8h369.49+0.966%$9K$42K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:CIEN+0.1488%1h366.75+0.216%$66K$132K10xas long as short