Funding you earn now, next payment 09:00 UTC−0.1770%/8h= −193.8% APRpaid last 24h −2.256%
Price spread now: Variational Omni against Kraken Futures+0.774%7-day average — · 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)—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 0.774% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.774% now, against zero (this spread has no 7-day history yet)): +$77 on $10k if it goes back. Holding the pair costs −$53 a day in funding at the current rate, which eats that in about 35 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALCHUSD | 0.05142 | 0.1870 | pay 0.0234% / 1h | 18m 02s | $12K | $38K | 10x |
| Short | Variational Omni ALCH | 0.05182 | 0.0100 | get 0.0050% / 4h | 3h 18m | $4K | $18K | — |
Kraken Futures PF_ALCHUSD
Variational Omni ALCHFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Kraken Futures. 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
- −$371.7
- Price spread: +0.774% → 0.000%
- $77.43
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$304.27
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
ALCH on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit ALCHUSDT | +0.0100% | 4h | 0.05169 | +0.517% | $3.0M | $6.6M | 20x | as long as short |
| Gate ALCH_USDT | +0.0100% | 4h | 0.05184 | +0.808% | $296K | $739K | 20x | as long as short |
| Bitget ALCHUSDT | +0.0100% | 4h | 0.05189 | +0.906% | $913K | $2.2M | 10x | as long as short |
| Variational Omni ALCHshort | +0.0100% | 4h | 0.05182 | +0.774% | $4K | $18K | — | |
| Aster ALCHUSDT | +0.0397% | 4h | 0.05182 | +0.760% | $12K | $138K | 5x | as long as short |
| KuCoin ALCHUSDTM | +0.0412% | 4h | 0.05159 | +0.322% | $1.2M | $340K | 10x | as long as short |
| BloFin ALCH-USDT | +0.0483% | 4h | 0.05193 | +0.983% | $390K | $125K | 10x | as long as short |
| BingX ALCH-USDT | +0.0498% | 4h | 0.05176 | +0.653% | — | $6.8M | — | as long as short |
| MEXC ALCH_USDT | +0.0524% | 4h | 0.05183 | +0.789% | $5.2M | $2.7M | 100x | as long as short |
| Binance ALCHUSDT | +0.0538% | 4h | 0.05176 | +0.653% | $6.0M | $29.2M | 10x | as long as short |
Bybit ALCHUSDT
Gate ALCH_USDT
Bitget ALCHUSDT
Aster ALCHUSDT
KuCoin ALCHUSDTM
BloFin ALCH-USDT
BingX ALCH-USDT
MEXC ALCH_USDT
Binance ALCHUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ALCHUSDlong | +0.1870% | 1h | 0.05142 | long leg | $12K | $38K | 10x |