Funding you earn now, next payment 08:00 UTC−0.0235%/8h= −25.8% APRnext payment −$2.35 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against KuCoin+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread pays, funding is against you. Variational Omni is 0.080% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ALGOUSDTM | 0.1121 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $3.6M | $1.4M | 50x |
| Short | Variational Omni ALGO | 0.1122 | −0.0135 | pay 0.0135% / 8h | 7h 52m | $62K | $12K | — |
KuCoin ALGOUSDTM
Variational Omni ALGOFunding 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
- −$49.39
- Price spread: +0.080% → 0.000%
- $8.02
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$53.37
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 5 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 5 min ago | 6.68 bp | 60.0 bp −$60 | 200.3 bp −$2,003 | doesn't fit | doesn'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.
ALGO on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALGO_USDC-PERPETUAL | −0.0733% | 1h | 0.1118 | −0.232% | $101K | $50K | 25x | as long as short |
| Kraken Futures PF_ALGOUSD | −0.0567% | 1h | 0.1118 | −0.271% | $832K | $1.1M | 50x | as long as short |
| Bybit ALGOUSDT | −0.0247% | 8h | 0.1116 | −0.419% | $11.2M | $12.0M | 75x | as long as short |
| Variational Omni ALGOshort | −0.0135% | 8h | 0.1122 | +0.080% | $62K | $12K | — | |
| Coinbase International ALGO-PERP-INTX | −0.0104% | 1h | 0.1123 | +0.223% | $67K | $301K | 50x | as long as short |
| gTrade (Gains Network) ALGO/USD | L +0.0001% / S +0.0003% | 1h | 0.1121 | −0.001% | $6K | — | 150x | as long as short |
| Injective ALGO/USDC PERP | +0.0033% | 1h | 0.1120 | −0.062% | $834 | $233K | 12x | as long as short |
| Extended ALGO-USD | +0.0096% | 1h | 0.1119 | −0.155% | $6K | $217K | 10x | as long as short |
| MEXC ALGO_USDT | +0.0098% | 8h | 0.1120 | −0.045% | $23.0M | $2.9M | 200x | as long as short |
| Binance ALGOUSDT | +0.0098% | 8h | 0.1117 | −0.325% | $9.9M | $34.4M | 75x | as long as short |
Deribit ALGO_USDC-PERPETUAL
Kraken Futures PF_ALGOUSD
Bybit ALGOUSDT
Coinbase International ALGO-PERP-INTX
gTrade (Gains Network) ALGO/USD
Injective ALGO/USDC PERP
Extended ALGO-USD
MEXC ALGO_USDT
Binance ALGOUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid ALGO | +0.0100% | 1h | 0.1121 | +0.018% | $3.7M | $1.8M | 5x | as long as short |
| Aster ALGOUSDT | +0.0100% | 8h | 0.1121 | 0.000% | $44K | $38K | 5x | as long as short |
| OKX ALGO-USDT-SWAP | +0.0100% | 8h | 0.1118 | −0.223% | $3.0M | $7.5M | 50x | as long as short |
| Gate ALGO_USDT | +0.0100% | 8h | 0.1121 | +0.036% | $881K | $809K | 50x | as long as short |
| KuCoin ALGOUSDTMlong | +0.0100% | 8h | 0.1121 | long leg | $3.6M | $1.4M | 50x | |
| Bitget ALGOUSDT | +0.0100% | 8h | 0.1118 | −0.241% | $5.6M | $3.6M | 75x | as long as short |
| BingX ALGO-USDT | +0.0100% | 8h | 0.1120 | −0.098% | — | $3.3M | — | as long as short |
| HTX ALGO-USDT | +0.0100% | 8h | 0.1122 | +0.098% | $66K | $108K | 75x | as long as short |
| Phemex ALGOUSDT | +0.0100% | 8h | 0.1119 | −0.152% | $3.8M | $1.8M | 50x | as long as short |
| BloFin ALGO-USDT | +0.0218% | 8h | 0.1122 | +0.125% | $492K | $792K | 75x | as long as short |
| GMX ALGO/USD [WBTC.b-USDC] | L +0.0338% / S −0.0344% | 1h | 0.1120 | −0.038% | $7K | — | 100x | as long as short |
| dYdX ALGO-USD | +0.1310% | 1h | 0.1123 | +0.189% | $161K | $3K | 5x | as long as short |
Hyperliquid ALGO
Aster ALGOUSDT
OKX ALGO-USDT-SWAP
Gate ALGO_USDT
Bitget ALGOUSDT
BingX ALGO-USDT
HTX ALGO-USDT
Phemex ALGOUSDT
BloFin ALGO-USDT
GMX ALGO/USD [WBTC.b-USDC]
dYdX ALGO-USD