Funding you earn now, next payment 16:00 UTC−0.0392%/8h= −42.9% APRnext payment −$3.92 per $10,000 · paid last 24h −0.065%
Price spread now: Variational Omni against KuCoin−0.122%7-day average −0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)−0.165%−$17 · spread now −0.122%, 7d avg −0.073%
=Together, before fees−0.297%+ Points / potential airdropVariational Omni: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Variational Omni is 0.049% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.073%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.132% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin HPEUSDTM | 61.400 | 0.0392 | pay 0.0392% / 8h | 7h 42m | $227K | $402K | 20x |
| Short | Variational Omni HPE | 61.325 | 0 | get 0.0000% / 8h | 7h 42m | $31K | $270K | — |
KuCoin HPEUSDTM
Variational Omni HPEFunding 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
- −$82.32
- Price spread: −0.122% → −0.073%
- −$4.92
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$99.24
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 51 min ago; Variational Omni: RFQ quote, 56 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, 51 min ago | 15.42 bp | 208.4 bp −$208 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 7.05 bp | doesn't fit | 74.8 bp −$748 | doesn't fit | doesn't fit |
HPE on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HPEUSDT | 0.0000% | 8h | 61.364 | −0.059% | $827 | $146 | 20x | as long as short |
| Binance HPEUSDT | 0.0000% | 8h | 61.320 | −0.130% | $455K | $4.4M | 20x | as long as short |
| Bybit HPEUSDT | 0.0000% | 8h | 61.370 | −0.049% | $318K | $184K | 25x | as long as short |
| OKX HPE-USDT-SWAP | 0.0000% | 8h | 61.350 | −0.081% | $206K | $366K | 20x | as long as short |
| Gate HPE_USDT | 0.0000% | 8h | 61.340 | −0.098% | $159K | $33K | 20x | as long as short |
| Bitget HPEUSDT | 0.0000% | 8h | 61.380 | −0.033% | $951K | $351K | 20x | as long as short |
| Variational Omni HPEshort | 0.0000% | 8h | 61.325 | −0.122% | $31K | $270K | — | |
| SunX HPE-USDT | 0.0000% | 8h | 61.320 | −0.130% | $738 | $260K | 10x | as long as short |
| HTX HPE-USDT | 0.0000% | 8h | 61.280 | −0.195% | $8K | $1K | 10x | as long as short |
| KuCoin HPEUSDTMlong | +0.0392% | 8h | 61.400 | long leg | $227K | $402K | 20x |
Aster HPEUSDT
Binance HPEUSDT
Bybit HPEUSDT
OKX HPE-USDT-SWAP
Gate HPE_USDT
Bitget HPEUSDT
SunX HPE-USDT
HTX HPE-USDT