TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.04167+0.1657pay 0.0207% / 1h11m 45s$65K$18K10xLong Kraken Futures
SHORT0.04148+0.0100get 0.0050% / 4h2h 11m$3K$111K50xShort Variational Omni+15% pts
Price gap−0.444%
Funding gap−0.1557% /8h

Both sides work against this direction now: funding costs $47 a day on $10k and the gap is 0.444% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$123−0.1557% /8h now · paid +1.232% over the last 7D
Price—spread −0.444% now · no price history on both exchanges yet
Costsno datano order book for Kraken Futures
Result, before costs—+ Points / potential airdropVariational Omni: points · farm boardneeds both price histories

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.444%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ARC on 14 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Kraken Futures: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $200
    Kraken Futures 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$46.72Long Kraken Futures: 24 payments, −$49.72; short Variational Omni: 6 payments, +$3.00.
  • Note: No 7-day spread history−0.444%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$3K vs $65K OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · Variational Omni No
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0587%/8h × 21 periods+$123.19
Price spread−0.444% → 0−$44.42
Slippage, 4 ordersno data for Kraken Futures—
Fee Kraken Futures bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k+$68.77
Costs to cover0.100%Break-even3.1 days
Slippage: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 46 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures—————
SELL · SHORTVariational Omni7.20459.3 bp−$459887.5 bp−$8,875doesn’t fitdoesn’t fit

Closing costs about the same again.
Kraken Futures: no data.

Alert

ARC news

posts that mention ARC, from every exchangeSearch all news →
09-20 22:23BingXProductCircle ARC Mainnet is live with 200,000 USDC up for grabs 💰 Trade 1,000 USDC, claim 10 USDC as a new user & earn 10 USDC per referral. Limited time, jump in now👇 @BingXOfficial on X ↗