Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG7.3671+0.0311pay 0.0311% / 8h2h 24m$51K$65K20xLong Variational Omni+15% pts
SHORT7.370000.0000% / 8h2h 24m$80K$145K20xShort KuCoin
Price gap+0.039%
Funding gap−0.0311% /8h

The gap pays +$4 on $10k if it goes back to zero (no 7-day history yet), but funding costs $9 a day and eats that in about 10 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0311% /8h now · no funding history yet
Price—spread +0.039% now · no price history on both exchanges yet
Costs−$7697.693% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropVariational Omni: points · farm boardneeds funding history

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.039%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ONDS on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Watch: Thin at this size98.1 / 268.5 bp
    At $10k entering KuCoin costs 268.5 bp, fee and slippage, 2.7× Variational Omni’s.
  • Note: Margin at max leverage$500 + $500
    Variational Omni 20x, KuCoin 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$9.32Long Variational Omni: 3 payments, −$9.32; short KuCoin: 3 payments, $0.00.
  • Note: No 7-day spread history+0.039%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$51K vs $80K OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCVariational Omni No · KuCoin Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$65.27
Price spread+0.039% → 0+$3.91
Slippage, 4 orderslive order books−$757.33
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k−$830.69
Costs to cover7.693%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 15 min ago; KuCoin: live order book, 70 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni3.3298.1 bp−$98186.8 bp−$1,868doesn’t fitdoesn’t fit
SELL · SHORTKuCoin6.80268.5 bp−$269doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ONDS news

posts that mention ONDS, from every exchangeSearch all news →
09-29 16:22Variational OmniListingOndas $ONDS perps are now live with zero fees and up to 20x leverage. @variational_io on X ↗
09-29 14:35Variational OmniListingnew market ONDS ($ONDS) seen by our collector