Funding you earn now, next payment 06:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.282%
Price spread now: Kraken Futures against Variational Omni−0.550%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 −$4 a day on $10k at the current rate, and Kraken Futures is 0.550% cheaper against Variational Omni than usual: you would sell low and buy high (−$55 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 | Variational Omni C98 | 0.01622 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $8K | $202 | — |
| Short | Kraken Futures PF_C98USD | 0.01613 | −0.0025 | pay 0.0003% / 1h | 37m 44s | $17K | $2K | 10x |
Variational Omni C98
Kraken Futures PF_C98USDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$26.19
- Price spread: −0.550% → 0.000%
- −$55.05
- 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
- −$91.24
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Variational Omni and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_C98USDshort | −0.0025% | 1h | 0.01613 | −0.550% | $17K | $2K | 10x | |
| BloFin C98-USDT | +0.0084% | 8h | 0.01620 | −0.139% | $131K | $18K | 50x | as long as short |
| Binance C98USDT | +0.0100% | 8h | 0.01621 | −0.102% | $1.4M | $2.1M | 50x | as long as short |
| Bybit C98USDT | +0.0100% | 8h | 0.01621 | −0.089% | $860K | $331K | 25x | as long as short |
| Gate C98_USDT | +0.0100% | 8h | 0.01626 | +0.231% | $105K | $47K | 25x | as long as short |
| MEXC C98_USDT | +0.0100% | 8h | 0.01620 | −0.139% | $280K | $105K | 100x | as long as short |
| KuCoin C98USDTM | +0.0100% | 8h | 0.01623 | +0.046% | $196K | $39K | 20x | as long as short |
| Bitget C98USDT | +0.0100% | 8h | 0.01620 | −0.139% | $190K | $352K | 50x | as long as short |
| Variational Omni C98long | +0.0100% | 8h | 0.01622 | long leg | $8K | $202 | — |
BloFin C98-USDT
Binance C98USDT
Bybit C98USDT
Gate C98_USDT
MEXC C98_USDT
KuCoin C98USDTM
Bitget C98USDT