Settings8H · net · $10k
Funding arb · Price arb /

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.017%
Price spread now: Variational Omni against Bybit−0.061%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.061% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CIENUSDT365.370get 0.0000% / 8h1h 20m$174K$185K25x
ShortVariational Omni CIEN365.150get 0.0000% / 8h1h 20m$48K$55K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.061% → 0.000%
−$6.13
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$17.13
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 55 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 55 min ago15.58 bp61.3 bp −$61207.9 bp −$2,079doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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.

CIEN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CIENUSDT−0.0234%8h365.16−0.057%$96K$194K20xas long as short
QFEX CIEN-USD−0.0080%1h366.04+0.183%$1.1M$3.3M10xas long as short
Paragon para:CIEN−0.0072%1h365.42+0.013%$66K$139K10xas long as short
Binance CIENUSDT0.0000%8h365.27−0.027%$505K$1.3M20xas long as short
Bybit CIENUSDTlong0.0000%8h365.37long leg$174K$185K25x
OKX CIEN-USDT-SWAP0.0000%8h364.95−0.115%$131K$192K20xas long as short
Gate CIEN_USDT0.0000%8h365.80+0.118%$296K$41K20xas long as short
Variational Omni CIENshort0.0000%8h365.15−0.061%$48K$55K
KuCoin CIENUSDTM+0.0100%8h365.40+0.008%$104K$184K20xas long as short
SunX CIEN-USDT+0.0100%8h365.68+0.085%$501$869K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CIEN-USDT+0.0100%8h368.54+0.868%$9K$42K10xas long as short