Funding you earn now, next payment 08:00 UTC+0.0131%/8h= +14.3% APRnext payment +$0.65 per $10,000 · paid last 24h +0.018%
Price spread now: KuCoin against Variational Omni+0.109%7-day average +0.040% · 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)+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.109%, 7d avg +0.040%
=Together, before fees−0.126%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.069% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VIRTUAL | 0.7100 | −0.0031 | get 0.0015% / 4h | 1h 31m | $528K | $908K | — |
| Short | KuCoin VIRTUALUSDTM | 0.7108 | 0.0100 | get 0.0050% / 4h | 1h 31m | $3.0M | $4.4M | 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
- $27.49
- Price spread: +0.109% → +0.040%
- $6.88
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $22.38
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: Variational Omni: RFQ quote, 12 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, 12 min ago | 4.20 bp | doesn't fit | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.11 bp | 20.7 bp −$21 | 51.1 bp −$511 | doesn't fit | doesn't fit |
VIRTUAL on 33 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 VIRTUAL_USDC-PERPETUAL | −0.0172% | 1h | 0.7099 | −0.018% | $15K | $40K | 10x | as long as short |
| Reya VIRTUALRUSDPERP | −0.0139% | 1h | 0.7103 | +0.044% | $24 | — | 10x | as long as short |
| Lighter VIRTUAL | −0.0128% | 1h | 0.7098 | −0.037% | $323K | $402K | 5x | as long as short |
| 01 Exchange VIRTUALUSD | −0.0120% | 1h | 0.7102 | +0.025% | $2K | $106 | 10x | as long as short |
| Phoenix VIRTUAL | −0.0101% | 1h | 0.7105 | +0.068% | $11K | $36K | 5x | as long as short |
| Bybit VIRTUALUSDT | −0.0094% | 4h | 0.7101 | +0.010% | $16.1M | $19.0M | 50x | as long as short |
| Variational Omni VIRTUALlong | −0.0031% | 4h | 0.7100 | long leg | $528K | $908K | — | |
| Kraken Futures PF_VIRTUALUSD | −0.0005% | 1h | 0.7105 | +0.069% | $519K | $763K | 50x | as long as short |
| gTrade (Gains Network) VIRTUAL/USD | L +0.0007% / S −0.0005% | 1h | 0.7102 | +0.023% | $14K | — | 150x | as long as short |
| Injective VIRTUAL/USDC PERP | +0.0033% | 1h | 0.7117 | +0.236% | $46 | $88K | 5.5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_VIRTUAL_USDC | +0.0072% | 4h | 0.7098 | −0.032% | $15K | $1.6M | 10x | as long as short |
| Aster VIRTUALUSDT | +0.0100% | 4h | 0.7107 | +0.098% | $92K | $302K | 20x | as long as short |
| Pacifica VIRTUAL | +0.0100% | 1h | 0.7105 | +0.062% | $70K | $43K | 5x | as long as short |
| Binance VIRTUALUSDT | +0.0100% | 4h | 0.7106 | +0.077% | $16.0M | $42.3M | 75x | as long as short |
| OKX VIRTUAL-USDT-SWAP | +0.0100% | 4h | 0.7107 | +0.095% | $2.9M | $10.0M | 20x | as long as short |
| Gate VIRTUAL_USDT | +0.0100% | 4h | 0.7101 | +0.010% | $1.5M | $3.4M | 75x | as long as short |
| MEXC VIRTUAL_USDT | +0.0100% | 4h | 0.7106 | +0.081% | $15.9M | $5.2M | 100x | as long as short |
| KuCoin VIRTUALUSDTMshort | +0.0100% | 4h | 0.7108 | +0.109% | $3.0M | $4.4M | 50x | |
| Bitget VIRTUALUSDT | +0.0100% | 4h | 0.7107 | +0.095% | $6.0M | $5.9M | 25x | as long as short |
| BingX VIRTUAL-USDT | +0.0100% | 4h | 0.7106 | +0.081% | — | $7.9M | — | as long as short |
| Backpack VIRTUAL_USDC_PERP | +0.0100% | 1h | 0.7102 | +0.025% | $235K | $178K | 10x | as long as short |
| edgeX VIRTUALUSDC | +0.0100% | 4h | 0.7103 | +0.033% | $19K | $262K | 10x | as long as short |
| GRVT VIRTUAL_USDT_Perp | +0.0100% | 4h | 0.7102 | +0.025% | $628K | $1.1M | 10x | as long as short |
| ApeX Omni VIRTUALUSDT | +0.0100% | 1h | 0.7104 | +0.053% | $40K | $236K | 50x | as long as short |
| Polymarket Perps VIRTUAL-USD | +0.0100% | 1h | 0.7103 | +0.036% | $47K | $1.0M | 5x | as long as short |
| SunX VIRTUAL-USDT | +0.0100% | 4h | 0.7099 | −0.018% | $1K | $1.4M | 20x | as long as short |
| SoDEX VIRTUAL-USD | +0.0100% | 1h | 0.7098 | −0.025% | $1K | $9K | 5x | as long as short |
| Extended VIRTUAL-USD | +0.0104% | 1h | 0.7106 | +0.078% | $55K | $273K | 10x | as long as short |
| Aevo VIRTUAL-PERP | +0.0104% | 1h | 0.7097 | −0.048% | $18K | — | 3x | as long as short |
| Hyperliquid VIRTUAL | +0.0108% | 1h | 0.7115 | +0.210% | $8.7M | $4.0M | 5x | as long as short |
| GMX VIRTUAL/USD [WBTC.b-USDC] | L +0.0312% / S −0.0258% | 1h | 0.7100 | −0.002% | $32K | — | 100x | as long as short |
| BloFin VIRTUAL-USDT | +0.0340% | 4h | 0.7105 | +0.067% | $783K | $1.0M | 75x | as long as short |
| Coinbase International VIRTUAL-PERP-INTX | +0.0440% | 1h | 0.7144 | +0.616% | $199K | $101K | 50x | as long as short |
Variational Omni VIRTUAL
KuCoin VIRTUALUSDTM
Deribit VIRTUAL_USDC-PERPETUAL
Lighter VIRTUAL
01 Exchange VIRTUALUSD
Phoenix VIRTUAL
Bybit VIRTUALUSDT
Kraken Futures PF_VIRTUALUSD
gTrade (Gains Network) VIRTUAL/USD
Injective VIRTUAL/USDC PERP
Aster VIRTUALUSDT
Pacifica VIRTUAL
Binance VIRTUALUSDT
OKX VIRTUAL-USDT-SWAP
Gate VIRTUAL_USDT
MEXC VIRTUAL_USDT
Bitget VIRTUALUSDT
BingX VIRTUAL-USDT
Backpack VIRTUAL_USDC_PERP
edgeX VIRTUALUSDC
GRVT VIRTUAL_USDT_Perp
ApeX Omni VIRTUALUSDT
Polymarket Perps VIRTUAL-USD
SunX VIRTUAL-USDT
SoDEX VIRTUAL-USD
Extended VIRTUAL-USD
Hyperliquid VIRTUAL
GMX VIRTUAL/USD [WBTC.b-USDC]
BloFin VIRTUAL-USDT
Coinbase International VIRTUAL-PERP-INTX