Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.035%
Price spread now: Variational Omni against KuCoin+0.109%7-day average +0.022% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.080%−$8 on $10k
+Price spread, last 7 days+0.020%+$2 · spread now +0.109%, 7d avg +0.022%
=Together, before fees−0.060%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.086% dearer against KuCoin than usual: you sell high and buy low (spread +0.109% now, against its 7-day average of +0.022%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 195.49 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $985K | $143K | 20x |
| Short | Variational Omni COIN | 195.70 | 0 | get 0.0000% / 8h | 1h 49m | $709K | $959K | — |
KuCoin COINUSDTM
Variational Omni COINFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against KuCoin. 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
- −$21
- Price spread: +0.109% → +0.022%
- $8.64
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$24.36
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 30 min ago; Variational Omni: RFQ quote, 49 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 KuCoin live order book, 30 min ago | 18.42 bp | 104.0 bp −$104 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 2.89 bp | doesn't fit | 24.1 bp −$241 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0665% | 8h | 195.89 | +0.205% | $6.3M | $10.7M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 195.80 | +0.159% | $43K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0103% | 1h | 195.02 | −0.240% | — | $289K | 25x | as long as short |
| Gate COIN_USDT | −0.0044% | 8h | 195.71 | +0.113% | $1.2M | $7.3M | 50x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 195.52 | +0.013% | $341K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 195.63 | +0.070% | $112K | $849K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 195.63 | +0.072% | $15.0M | $82.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 195.64 | +0.077% | $4.7M | $6.3M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 195.61 | +0.061% | $3.0M | $4.7M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 195.70 | +0.109% | $709K | $959K | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Gate COIN_USDT
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 195.69 | +0.104% | $15K | $2.7M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 195.62 | +0.066% | $456K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 195.92 | +0.220% | $15K | $54K | 5x | as long as short |
| QFEX COIN-USD | +0.0045% | 1h | 195.60 | +0.056% | $1.3M | $3.0M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 195.60 | +0.056% | $129K | $1.4M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 195.71 | +0.113% | $87 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 195.63 | +0.072% | $448K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 195.49 | long leg | $985K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 195.69 | +0.102% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 195.71 | +0.113% | $566 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 195.71 | +0.111% | $115 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 195.73 | +0.123% | $187K | $423K | 20x | as long as short |
| tradeXYZ xyz:COIN | +0.0158% | 1h | 195.54 | +0.026% | $15.2M | $13.8M | 10x | as long as short |
| Phoenix COIN | +0.0163% | 1h | 195.91 | +0.215% | $4K | $283K | 10x | as long as short |
| Lighter COIN | +0.0200% | 1h | 195.61 | +0.063% | $360K | $2.3M | 10x | as long as short |
| edgeX COINUSDC | +0.0456% | 4h | 195.87 | +0.192% | $51K | $295K | 10x | as long as short |
GRVT COIN_USDT_Perp
Lighter RH COIN
Arcus COIN-USD
QFEX COIN-USD
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
tradeXYZ xyz:COIN
Phoenix COIN
Lighter COIN
edgeX COINUSDC