Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.035%
Price spread now: Variational Omni against KuCoin−0.046%7-day average +0.024% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.080%−$8 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.046%, 7d avg +0.024%
=Together, before fees+0.027%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.071% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.024%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin COINUSDTM | 197.12 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $993K | $143K | 20x |
| Short | Variational Omni COIN | 197.03 | 0 | get 0.0000% / 8h | 4h 09m | $680K | $935K | — |
KuCoin COINUSDTM
Variational Omni COINFunding 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
- −$21
- Price spread: −0.046% → +0.024%
- −$7.07
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$40.07
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 20 min ago; Variational Omni: RFQ quote, 39 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, 20 min ago | 16.48 bp | 108.9 bp −$109 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 39 min ago | 2.87 bp | doesn't fit | 22.8 bp −$228 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0758% | 8h | 197.32 | +0.101% | $6.3M | $10.3M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.89 | −0.117% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0214% | 8h | 197.25 | +0.066% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0105% | 1h | 196.61 | −0.259% | — | $271K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.31 | +0.096% | $345K | $885K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.15 | +0.015% | $117K | $695K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.21 | +0.045% | $14.8M | $79.4M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.27 | +0.076% | $4.8M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.29 | +0.086% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COINshort | 0.0000% | 8h | 197.03 | −0.046% | $680K | $935K | — |
Bitget COINUSDT
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perp | 0.0000% | 8h | 197.12 | 0.000% | $19K | $2.3M | 10x | as long as short |
| QFEX COIN-USD | +0.0013% | 1h | 197.18 | +0.030% | $1.3M | $3.2M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.17 | +0.026% | $347K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.18 | +0.030% | $448K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.12 | 0.000% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.09 | −0.015% | $15.4M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.09 | −0.015% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.15 | +0.015% | $67 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.87 | −0.127% | $349K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTMlong | +0.0100% | 8h | 197.12 | long leg | $993K | $143K | 20x | |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.95 | −0.086% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.16 | +0.020% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.17 | +0.025% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.04 | −0.041% | $188K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 196.92 | −0.101% | $4K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0591% | 4h | 197.04 | −0.043% | $51K | $296K | 10x | as long as short |
GRVT COIN_USDT_Perp
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC