Funding you earn now, next payment 07:00 UTC−0.0419%/8h= −45.9% APRpaid last 24h +0.282%
Price spread now: Variational Omni against Kraken Futures−0.178%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.178% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_C98USD | 0.01642 | 0.0519 | pay 0.0065% / 1h | 58m 57s | $15K | $4K | 10x |
| Short | Variational Omni C98 | 0.01639 | 0.0100 | get 0.0100% / 8h | 1h 58m | $8K | $202 | — |
Funding 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
- −$87.99
- Price spread: −0.178% → 0.000%
- −$17.78
- 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
- −$115.78
- Costs to cover
- 0.100%
- Break-even
- never at this rate
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.
C98 on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin C98-USDT | +0.0087% | 8h | 0.01639 | −0.159% | $130K | $14K | 50x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01641 | −0.058% | $1.4M | $2.0M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01640 | −0.117% | $870K | $296K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01643 | +0.084% | $110K | $46K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01639 | −0.159% | $283K | $102K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01641 | −0.038% | $199K | $38K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01642 | +0.023% | $192K | $348K | 50x | as long as short |
| Variational Omni C98short | +0.0100% | 8h | 0.01639 | −0.178% | $8K | $202 | — | |
| Kraken Futures PF_C98USDlong | +0.0519% | 1h | 0.01642 | long leg | $15K | $4K | 10x |
Kraken Futures PF_C98USD
Variational Omni C98
BloFin C98-USDT
Binance C98USDT
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT