Funding you earn now, next payment 04:00 UTC+0.0397%/8h= +43.4% APRpaid last 24h +0.303%
Price spread now: Variational Omni against Kraken Futures+0.214%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.214% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AUCTIONUSD | 3.6805 | −0.0297 | get 0.0037% / 1h | 47m 23s | $8K | $272 | 10x |
| Short | Variational Omni AUCTION | 3.6884 | 0.0100 | get 0.0050% / 4h | 47m 23s | $171 | $38 | — |
Kraken Futures PF_AUCTIONUSD
Variational Omni AUCTIONFunding 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
- $83.27
- Price spread: +0.214% → 0.000%
- $21.39
- 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
- $94.66
- 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.
AUCTION 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AUCTIONUSDlong | −0.0297% | 1h | 3.6805 | long leg | $8K | $272 | 10x | |
| Aster AUCTIONUSDT | +0.0100% | 4h | 3.6780 | −0.067% | $918 | $3K | 5x | as long as short |
| Binance AUCTIONUSDT | +0.0100% | 4h | 3.6790 | −0.040% | $2.4M | $1.6M | 50x | as long as short |
| Bybit AUCTIONUSDT | +0.0100% | 4h | 3.6790 | −0.040% | $585K | $273K | 25x | as long as short |
| OKX AUCTION-USDT-SWAP | +0.0100% | 4h | 3.6760 | −0.122% | $772K | $680K | 20x | as long as short |
| Gate AUCTION_USDT | +0.0100% | 8h | 3.6790 | −0.040% | $105K | $69K | 50x | as long as short |
| MEXC AUCTION_USDT | +0.0100% | 4h | 3.6770 | −0.095% | $433K | $143K | 20x | as long as short |
| KuCoin AUCTIONUSDTM | +0.0100% | 4h | 3.6790 | −0.040% | $368K | $111K | 20x | as long as short |
| Bitget AUCTIONUSDT | +0.0100% | 4h | 3.6770 | −0.095% | $370K | $159K | 25x | as long as short |
| BingX AUCTION-USDT | +0.0100% | 4h | 3.6760 | −0.122% | — | $7.7M | — | as long as short |
Aster AUCTIONUSDT
Binance AUCTIONUSDT
Bybit AUCTIONUSDT
OKX AUCTION-USDT-SWAP
Gate AUCTION_USDT
MEXC AUCTION_USDT
KuCoin AUCTIONUSDTM
Bitget AUCTIONUSDT
BingX AUCTION-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni AUCTIONshort | +0.0100% | 4h | 3.6884 | +0.214% | $171 | $38 | — |