Funding you earn now, next payment 23:00 UTC+0.2035%/8h= +222.8% APRpaid last 24h +0.346%
Price spread now: Variational Omni against Kraken Futures−0.018%7-day average −0.246% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.031%+$3 on $10k
+Price spread, last 3 days (all we have)−0.135%−$13 · spread now −0.018%, 7d avg −0.246%
=Together, before fees−0.104%+ Points / potential airdropVariational Omni: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$61 a day on $10k at the current rate, and Variational Omni is 0.228% dearer against Kraken Futures than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.246%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.031% in total (about 3.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARUSD | 4.4719 | −0.1935 | get 0.0242% / 1h | 42m 57s | $46K | $154K | 20x |
| Short | Variational Omni AR | 4.4711 | 0.0100 | get 0.0100% / 8h | 1h 42m | $136K | $174K | — |
Kraken Futures PF_ARUSD
Variational Omni ARFunding 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
- $427.31
- Price spread: −0.018% → −0.246%
- $22.79
- 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
- $440.1
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 39 min ago; Variational Omni: RFQ quote, 41 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 Kraken Futures live order book, 39 min ago | 32.26 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 41 min ago | 4.94 bp | doesn't fit | 132.6 bp −$1,326 | doesn't fit | doesn't fit |
AR on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARUSDlong | −0.1935% | 1h | 4.4719 | long leg | $46K | $154K | 20x | |
| GMX AR/USD [WBTC.b-USDC] | L −0.0140% / S +0.0551% | 1h | 4.4720 | +0.003% | $575K | — | 50x | as long as short |
| Injective AR/USDC PERP | +0.0033% | 1h | 4.5720 | +2.239% | $3K | $339 | 5.5x | as long as short |
| OKX AR-USDT-SWAP | +0.0089% | 8h | 4.4730 | +0.025% | $2.2M | $20.4M | 20x | as long as short |
| Extended AR-USD | +0.0096% | 1h | 4.4732 | +0.028% | $36K | $237K | 10x | as long as short |
| MEXC AR_USDT | +0.0098% | 8h | 4.4760 | +0.092% | $6.7M | $4.5M | 100x | as long as short |
| Binance ARUSDT | +0.0099% | 8h | 4.4760 | +0.092% | $8.8M | $55.6M | 75x | as long as short |
| Hyperliquid AR | +0.0100% | 1h | 4.4830 | +0.248% | $3.8M | $4.8M | 5x | as long as short |
| Aster ARUSDT | +0.0100% | 8h | 4.4796 | +0.173% | $20K | $621K | 10x | as long as short |
| Bybit ARUSDT | +0.0100% | 8h | 4.4753 | +0.076% | $4.6M | $8.9M | 75x | as long as short |
GMX AR/USD [WBTC.b-USDC]
Injective AR/USDC PERP
OKX AR-USDT-SWAP
Extended AR-USD
MEXC AR_USDT
Binance ARUSDT
Hyperliquid AR
Aster ARUSDT
Bybit ARUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AR_USDT | +0.0100% | 8h | 4.4780 | +0.137% | $2.5M | $2.3M | 50x | as long as short |
| KuCoin ARUSDTM | +0.0100% | 8h | 4.4750 | +0.070% | $1.4M | $1.2M | 50x | as long as short |
| Bitget ARUSDT | +0.0100% | 8h | 4.4730 | +0.025% | $3.8M | $5.6M | 75x | as long as short |
| BingX AR-USDT | +0.0100% | 8h | 4.4760 | +0.092% | — | $2.9M | — | as long as short |
| Variational Omni ARshort | +0.0100% | 8h | 4.4711 | −0.018% | $136K | $174K | — | |
| ApeX Omni ARUSDT | +0.0100% | 1h | 4.4760 | +0.092% | $57K | $746K | 50x | as long as short |
| BloFin AR-USDT | +0.0219% | 8h | 4.4730 | +0.025% | $419K | $668K | 20x | as long as short |
Gate AR_USDT
KuCoin ARUSDTM
Bitget ARUSDT
BingX AR-USDT
ApeX Omni ARUSDT
BloFin AR-USDT