Funding you earn now, next payment 08:00 UTC+0.1257%/8h= +137.6% APRnext payment +$6.28 per $10,000 · paid last 24h +0.449%
Price spread now: KuCoin against Variational Omni−1.471%7-day average — · 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)—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. KuCoin is 1.471% cheaper against Variational Omni than usual: you would sell low and buy high (spread −1.471% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$147 on $10k: about 3.9 days of funding at the current rate (+$38 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni M | 1.3550 | 0.1025 | pay 0.0513% / 4h | 16m 15s | $91K | $49K | — |
| Short | KuCoin MUSDTM | 1.3350 | 0.2282 | get 0.1141% / 4h | 16m 15s | $1.3M | $3.7M | 10x |
Variational Omni M
KuCoin MUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $263.91
- Price spread: −1.471% → 0.000%
- −$147.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $104.8
- Costs to cover
- 0.120%
- Break-even
- 4.2 days
Slippage unknown: Variational Omni: no order-book sample; KuCoin: live order book, 11 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 11 min ago | 6.11 bp | 93.9 bp −$94 | doesn't fit | doesn't fit | doesn't fit |
Variational Omni: 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.
M on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate M_USDT | +0.0100% | 8h | 1.3444 | −0.780% | $1.8M | $912K | 10x | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.3470 | −0.588% | $2K | $510 | 10x | as long as short |
| SunX M-USDT | +0.0100% | 4h | 1.3494 | −0.411% | $2K | $878K | 20x | as long as short |
| Bybit MUSDT | +0.0103% | 4h | 1.3469 | −0.595% | $4.2M | $1.7M | 20x | as long as short |
| Aster MUSDT | +0.0373% | 4h | 1.3464 | −0.629% | $12K | $83K | 5x | as long as short |
| BloFin M-USDT | +0.0620% | 4h | 1.3477 | −0.536% | $345K | $442K | 10x | as long as short |
| Binance MUSDT | +0.0667% | 4h | 1.3469 | −0.597% | $5.3M | $3.9M | 10x | as long as short |
| MEXC M_USDT | +0.0668% | 4h | 1.3473 | −0.566% | $232K | $109K | 50x | as long as short |
| Variational Omni Mlong | +0.1025% | 4h | 1.3550 | long leg | $91K | $49K | — | |
| BingX M-USDT | +0.1200% | 4h | 1.3477 | −0.536% | — | $2.4M | — | as long as short |
Gate M_USDT
Orderly PERP_M_USDC
SunX M-USDT
Bybit MUSDT
Aster MUSDT
BloFin M-USDT
Binance MUSDT
MEXC M_USDT
BingX M-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MUSDT | +0.1256% | 4h | 1.3478 | −0.529% | $1.7M | $252K | 10x | as long as short |
| KuCoin MUSDTMshort | +0.2282% | 4h | 1.3350 | −1.471% | $1.3M | $3.7M | 10x |
Bitget MUSDT