Funding arb · Price arb /

ANIME

all ANIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0245%/8h= −26.8% APRpaid last 24h +0.130%

Price spread now: Variational Omni against Kraken Futures+0.109%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Variational Omni

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 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 0.109% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.109% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_ANIMEUSD	0.003366	0.0345	pay 0.0043% / 1h	58m 51s	$33K	$1K	10x
Short	Variational Omni ANIME	0.003369	0.0100	get 0.0050% / 4h	1h 58m	$11K	$553	—

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Variational OmnibpOrdersPrice spread, now +0.109%Rate

Funding earned: −$51.46
Price spread: +0.109% → 0.000%: $10.92
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: −$50.54
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.

ANIME on 13 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
Hyperliquid ANIME	+0.0100%	1h	0.003374	+0.247%	$294K	$87K	3x	as long as short
Aster ANIMEUSDT	+0.0100%	4h	0.003364	−0.050%	$27K	$3K	5x	as long as short
Binance ANIMEUSDT	+0.0100%	4h	0.003367	+0.038%	$1.3M	$1.5M	20x	as long as short
Bybit ANIMEUSDT	+0.0100%	4h	0.003366	+0.009%	$694K	$266K	25x	as long as short
OKX ANIME-USDT-SWAP	+0.0100%	4h	0.003373	+0.217%	$435K	$511K	20x	as long as short
Gate ANIME_USDT	+0.0100%	4h	0.003360	−0.169%	$140K	$51K	25x	as long as short
MEXC ANIME_USDT	+0.0100%	4h	0.003365	−0.021%	$208K	$86K	20x	as long as short
KuCoin ANIMEUSDTM	+0.0100%	4h	0.003364	−0.051%	$441K	$62K	20x	as long as short
Bitget ANIMEUSDT	+0.0100%	4h	0.003368	+0.068%	$856K	$133K	10x	as long as short
BingX ANIME-USDT	+0.0100%	4h	0.003369	+0.098%	—	$6.5M	—	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni ANIMEshort	+0.0100%	4h	0.003369	+0.109%	$11K	$553	—
Kraken Futures PF_ANIMEUSDlong	+0.0345%	1h	0.003366	long leg	$33K	$1K	10x
GMX ANIME/USD [ANIME-USDC]	L +0.0497% / S −0.2017%	1h	0.003365	−0.021%	$822	—	100x	as long as short