Funding you earn now, next payment 01:00 UTC+0.0194%/8h= +21.2% APRpaid last 24h +0.023%
Price spread now: Paragon against Variational Omni−0.089%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
Funding pays, the price is against you. Paragon is 0.089% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 37 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CIEN | 373.02 | 0.0173 | pay 0.0173% / 8h | 7h 37m | $50K | $54K | — |
| Short | Paragon para:CIEN | 372.69 | 0.0367 | get 0.0046% / 1h | 37m 03s | $91K | $87K | 10x |
Variational Omni CIEN
Paragon para:CIENFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paragon 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
- $40.74
- Price spread: −0.089% → 0.000%
- −$8.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paragon: 5 bp × 2 orders
- −$10
- Net
- $21.86
- Costs to cover
- 0.100%
- Break-even
- 3.2 days
Slippage unknown: Variational Omni: no order-book sample; Paragon: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Paragon no order-book sample | — | — | — | — | — |
Variational Omni and Paragon: 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 | 373.00 | −0.006% | $176K | $1.4M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 373.05 | +0.007% | $134K | $211K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 373.30 | +0.074% | $306K | $38K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 373.06 | +0.010% | $92K | $224K | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 372.43 | −0.159% | $1.1M | $4.8M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 373.12 | +0.026% | $1K | $960K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 377.09 | +1.091% | $9K | $40K | 10x | as long as short |
| Variational Omni CIENlong | +0.0173% | 8h | 373.02 | long leg | $50K | $54K | — | |
| Binance CIENUSDT | +0.0258% | 8h | 373.46 | +0.118% | $540K | $1.2M | 20x | as long as short |
| Paragon para:CIENshort | +0.0367% | 1h | 372.69 | −0.089% | $91K | $87K | 10x |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
QFEX CIEN-USD
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0496% | 8h | 373.40 | +0.101% | $100K | $155K | 20x | as long as short |
KuCoin CIENUSDTM