Funding arb · Price arb /

ANIME

all ANIME markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0140%/8h= +15.4% APRpaid last 24h −0.128%

Price spread now: Kraken Futures against Variational Omni−0.073%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Kraken Futures is 0.073% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.073% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 41 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni ANIME	0.003362	0.0100	pay 0.0050% / 4h	26m 57s	$11K	$553	—
Short	Kraken Futures PF_ANIMEUSD	0.003360	0.0240	get 0.0030% / 1h	26m 57s	$33K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now −0.073%Rate

Funding earned: $29.5
Price spread: −0.073% → 0.000%: −$7.28
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $12.23
Costs to cover: 0.100%
Break-even: 4.1 days

Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Variational Omni and Kraken Futures: 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	0.003357	−0.161%	$292K	$100K	3x	as long as short
Aster ANIMEUSDT	+0.0100%	4h	0.003363	+0.014%	$27K	$3K	5x	as long as short
Binance ANIMEUSDT	+0.0100%	4h	0.003358	−0.122%	$1.3M	$1.7M	20x	as long as short
Bybit ANIMEUSDT	+0.0100%	4h	0.003359	−0.101%	$700K	$289K	25x	as long as short
OKX ANIME-USDT-SWAP	+0.0100%	4h	0.003356	−0.191%	$428K	$542K	20x	as long as short
Gate ANIME_USDT	+0.0100%	4h	0.003359	−0.101%	$140K	$63K	25x	as long as short
MEXC ANIME_USDT	+0.0100%	4h	0.003359	−0.101%	$212K	$89K	20x	as long as short
KuCoin ANIMEUSDTM	+0.0100%	4h	0.003360	−0.072%	$438K	$60K	20x	as long as short
Bitget ANIMEUSDT	+0.0100%	4h	0.003358	−0.131%	$850K	$163K	10x	as long as short
BingX ANIME-USDT	+0.0100%	4h	0.003361	−0.042%	—	$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 ANIMElong	+0.0100%	4h	0.003362	long leg	$11K	$553	—
Kraken Futures PF_ANIMEUSDshort	+0.0240%	1h	0.003360	−0.073%	$33K	$1K	10x
GMX ANIME/USD [ANIME-USDC]	L +0.0497% / S −0.2017%	1h	0.003357	−0.161%	$820	—	100x	as long as short