Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: Variational Omni against KuCoin+0.770%7-day average −0.033% · 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)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)−0.661%−$66 · spread now +0.770%, 7d avg −0.033%
=Together, before fees−0.660%+ Points / potential airdropVariational Omni: Active · farm board−$66 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.803% dearer against KuCoin than usual: you sell high and buy low (spread +0.770% now, against its 7-day average of −0.033%): +$80 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NILUSDTM | 0.07494 | 0.0118 | pay 0.0059% / 4h | 17m 12s | $608K | $568K | 30x |
| Short | Variational Omni NIL | 0.07552 | 0.0100 | get 0.0050% / 4h | 17m 12s | $184K | $251K | — |
KuCoin NILUSDTM
Variational Omni NILFunding 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
- −$3.78
- Price spread: +0.770% → −0.033%
- $80.27
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $64.49
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 37 min ago; Variational Omni: RFQ quote, 22 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, 37 min ago | 16.37 bp | 81.1 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 22 min ago | 11.18 bp | doesn't fit | 209.8 bp −$2,098 | doesn't fit | doesn't fit |
NIL 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX NIL-USDT | +0.0070% | 4h | 0.07508 | +0.187% | — | $8.1M | — | as long as short |
| BloFin NIL-USDT | +0.0072% | 4h | 0.07499 | +0.067% | $384K | $88K | 50x | as long as short |
| Aster NILUSDT | +0.0100% | 4h | 0.07492 | −0.026% | $31K | $262K | 5x | as long as short |
| Binance NILUSDT | +0.0100% | 4h | 0.07499 | +0.067% | $5.8M | $51.1M | 50x | as long as short |
| Bybit NILUSDT | +0.0100% | 4h | 0.07511 | +0.227% | $4.2M | $10.3M | 20x | as long as short |
| MEXC NIL_USDT | +0.0100% | 4h | 0.07505 | +0.147% | $2.4M | $3.3M | 100x | as long as short |
| Bitget NILUSDT | +0.0100% | 4h | 0.07506 | +0.160% | $2.1M | $6.2M | 50x | as long as short |
| Variational Omni NILshort | +0.0100% | 4h | 0.07552 | +0.770% | $184K | $251K | — | |
| Gate NIL_USDT | +0.0102% | 4h | 0.07506 | +0.160% | $468K | $1.5M | 50x | as long as short |
| Extended NIL-USD | +0.0104% | 1h | 0.07499 | +0.066% | $23K | $189K | 5x | as long as short |
BingX NIL-USDT
BloFin NIL-USDT
Aster NILUSDT
Binance NILUSDT
Bybit NILUSDT
MEXC NIL_USDT
Bitget NILUSDT
Gate NIL_USDT
Extended NIL-USDShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NILUSDTMlong | +0.0118% | 4h | 0.07494 | long leg | $608K | $568K | 30x | |
| Hyperliquid NIL | +0.1734% | 1h | 0.07523 | +0.384% | $4.9M | $4.5M | 3x | as long as short |
Hyperliquid NIL