Settings8H · net · $10k
Funding arb · Price arb /

BAT

all BAT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h −0.289%
Price spread now: Kraken Futures against Variational Omni+0.205%7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+1.236%+$124 on $10k
Price spread, last 3 days (all we have)−0.309%−$31 · spread now +0.205%, 7d avg +0.108%
Together, before fees+0.926%+ Points / potential airdropVariational Omni: Active · farm board+$93 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.097% dearer against Variational Omni than usual: you sell high and buy low (spread +0.205% now, against its 7-day average of +0.108%): +$10 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 31 hours. Mind the row above: over the last 3 days funding on this pair paid +1.236%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni BAT0.083960.0100pay 0.0100% / 8h6h 06m$114K$78
ShortKraken Futures PF_BATUSD0.08413−0.0154pay 0.0019% / 1h6m 30s$115K$16K10x

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

Funding earned
−$53.29
Price spread: +0.205% → +0.108%
$9.73
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
−$53.55
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 62 min ago; Kraken Futures: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 62 min ago6.54 bpdoesn't fit373.9 bp −$3,739doesn't fitdoesn't fit
Sell Kraken Futures live order book, 61 min ago14.87 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

BAT on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_BATUSDshort−0.0154%1h0.08413+0.205%$115K$16K10x
Binance BATUSDT+0.0100%8h0.08399+0.030%$1.9M$2.0M50xas long as short
Bybit BATUSDT+0.0100%8h0.08400+0.047%$1.1M$466K25xas long as short
OKX BAT-USDT-SWAP+0.0100%8h0.08390−0.072%$531K$433K20xas long as short
Gate BAT_USDT+0.0100%8h0.08392−0.048%$82K$45K25xas long as short
MEXC BAT_USDT+0.0100%8h0.08400+0.047%$822K$630K125xas long as short
KuCoin BATUSDTM+0.0100%8h0.08400+0.047%$264K$60K20xas long as short
Bitget BATUSDT+0.0100%8h0.08397+0.012%$671K$183K50xas long as short
BingX BAT-USDT+0.0100%8h0.08399+0.035%$1.3Mas long as short
Variational Omni BATlong+0.0100%8h0.08396long leg$114K$78