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
LONG357.71+0.0359pay 0.0359% / 8h7h 58m$75K$35K20xLong Variational Omni+15% pts
SHORT357.5400.0000% / 8h7h 58m$267K$1.4M20xShort KuCoin
Price gap−0.049%
Funding gap−0.0359% /8h

Both sides work against this direction now: funding costs $11 a day on $10k and the gap is 0.049% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$6−0.0359% /8h now · paid −0.062% over the last 7D
Price—spread −0.049% now · no price history on both exchanges yet
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.062% in total, about −0.0029%/8h on average.

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−0.049%
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

V on 13 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than KuCoin’s order book right now.
  • 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: −$10.78Long Variational Omni: 3 payments, −$10.78; short KuCoin: 3 payments, $0.00.
  • Note: No 7-day spread history−0.049%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$75K vs $267K 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 earned−0.0029%/8h × 21 periods−$6.19
Price spread−0.049% → 0−$4.87
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Variational Omni bp × 2 orders$0.00
Fee KuCoin bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: Variational Omni: RFQ quote, 15 min ago; KuCoin: live order book, 10 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni3.1669.5 bp−$69132.3 bp−$1,323doesn’t fitdoesn’t fit
SELL · SHORTKuCoin7.40doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

V news

posts that mention V or Visa, from every exchangeSearch all news →
09-28 19:52gTrade (Gains Network)ListingV/USD no longer reported ($V) seen by our collector
09-25 01:00KalshiOtherBREAKING: Trump expands H-1B crackdown, orders layoffs weighed in visa decisions @Kalshi on X ↗
09-21 13:35gTrade (Gains Network)Listingnew market V/USD ($V) seen by our collector
09-21 04:00GateOtherTOKEN2049 Week. One badge. One card. One less thing to think about. Spend your Gate balance with Gate Card wherever Visa is accepted, and get up to 8% cashback. $USDT, $BTC, $ETH, $GT. Apple Pay. Google Pay. No annual fee. Staynex’s is your guide to the week, with Gate as the Featured Crypto Card & Community Partner. Already rated 8.9/10 and named an Editor’s Top Pick, Gate Card is your way to spend it. Your Gate to TOKEN2049 Week: @Gate on X ↗