Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.327%
Price spread now: KuCoin against Variational Omni+0.017%7-day average +0.095% · 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)+0.650%+$65 on $10k
+Price spread, last 4 days (all we have)−0.277%−$28 · spread now +0.017%, 7d avg +0.095%
=Together, before fees+0.373%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.078% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.095%). If the spread goes back, that is −$8 on $10k: about 3.6 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.650% in total) that is about 10 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni S | 0.04018 | 0.0027 | pay 0.0014% / 4h | 1h 00m | $625K | $19K | — |
| Short | KuCoin SUSDTM | 0.04019 | 0.0100 | get 0.0050% / 4h | 1h 00m | $1.8M | $2.8M | 50x |
Funding 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
- $15.25
- Price spread: +0.017% → +0.095%
- −$7.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$4.53
- Costs to cover
- 0.120%
- Break-even
- 9.1 days
Slippage unknown: Variational Omni: RFQ quote, 43 min ago; KuCoin: live order book, 6 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 RFQ quote, 43 min ago | 8.66 bp | doesn't fit | 139.8 bp −$1,398 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 4.97 bp | 105.9 bp −$106 | 250.8 bp −$2,508 | doesn't fit | doesn't fit |
S on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUSD | −0.7536% | 1h | 0.03940 | −1.949% | $24K | $2K | 5x | as long as short |
| Kraken Futures PF_SUSD | −0.2396% | 1h | 0.04024 | +0.138% | $35K | $16K | 10x | as long as short |
| Coinbase International S-PERP-INTX | −0.1120% | 1h | 0.03961 | −1.426% | $48K | $16K | 25x | as long as short |
| GMX S/USD [WBTC.b-USDC] | L −0.0206% / S +0.0198% | 1h | 0.04028 | +0.232% | $1K | — | 100x | as long as short |
| Reya SRUSDPERP | −0.0101% | 1h | 0.04025 | +0.157% | $4 | — | 15x | as long as short |
| gTrade (Gains Network) S/USD | L +0.0001% / S +0.0006% | 1h | 0.04028 | +0.252% | $620 | — | 150x | as long as short |
| Variational Omni Slong | +0.0027% | 4h | 0.04018 | long leg | $625K | $19K | — | |
| Injective S/USDC PERP | +0.0033% | 1h | 0.04100 | +2.033% | $2K | $37K | 12x | as long as short |
| Orderly PERP_S_USDC | +0.0085% | 4h | 0.04027 | +0.217% | $100K | $588K | 10x | as long as short |
| Lighter S | +0.0096% | 1h | 0.04028 | +0.241% | $172K | $139K | 5x | as long as short |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid S | +0.0100% | 1h | 0.04025 | +0.174% | $1.0M | $579K | 5x | as long as short |
| Aster SUSDT | +0.0100% | 4h | 0.04026 | +0.188% | $47K | $110K | 10x | as long as short |
| Binance SUSDT | +0.0100% | 4h | 0.04023 | +0.107% | $5.7M | $13.6M | 75x | as long as short |
| Bybit SUSDT | +0.0100% | 4h | 0.04018 | −0.007% | $5.7M | $4.1M | 50x | as long as short |
| OKX S-USDT-SWAP | +0.0100% | 4h | 0.04022 | +0.092% | $1.0M | $3.7M | 20x | as long as short |
| Gate S_USDT | +0.0100% | 4h | 0.04024 | +0.142% | $327K | $179K | 50x | as long as short |
| MEXC S_USDT | +0.0100% | 4h | 0.04023 | +0.117% | $4.1M | $1.8M | 200x | as long as short |
| KuCoin SUSDTMshort | +0.0100% | 4h | 0.04019 | +0.017% | $1.8M | $2.8M | 50x | |
| Bitget SUSDT | +0.0100% | 4h | 0.04024 | +0.142% | $1.2M | $2.2M | 50x | as long as short |
| BingX S-USDT | +0.0100% | 4h | 0.04022 | +0.092% | — | $6.8M | — | as long as short |
| ApeX Omni SUSDT | +0.0100% | 1h | 0.04030 | +0.291% | $23K | $487K | 50x | as long as short |
| Extended S-USD | +0.0104% | 1h | 0.04020 | +0.052% | $227K | $701K | 10x | as long as short |
| BloFin S-USDT | +0.0340% | 4h | 0.04029 | +0.266% | $278K | $115K | 75x | as long as short |
| Deribit S_USDC-PERPETUAL | +0.0744% | 1h | 0.04029 | +0.266% | $68K | $10K | 10x | as long as short |
| Backpack S_USDC_PERP | +0.1760% | 1h | 0.04030 | +0.291% | $117K | $426K | 5x | as long as short |
Variational Omni S
KuCoin SUSDTM
01 Exchange SUSD
Kraken Futures PF_SUSD
Coinbase International S-PERP-INTX
GMX S/USD [WBTC.b-USDC]
gTrade (Gains Network) S/USD
Injective S/USDC PERP
Lighter S
Hyperliquid S
Aster SUSDT
Binance SUSDT
Bybit SUSDT
OKX S-USDT-SWAP
Gate S_USDT
MEXC S_USDT
Bitget SUSDT
BingX S-USDT
ApeX Omni SUSDT
Extended S-USD
BloFin S-USDT
Deribit S_USDC-PERPETUAL
Backpack S_USDC_PERP