Funding you earn now, next payment 06:00 UTC+0.0339%/8h= +37.1% APRpaid last 24h −0.026%
Price spread now: Kraken Futures against Variational Omni−0.926%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
Funding pays, the price is against you. Kraken Futures is 0.926% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.926% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$93 on $10k: about 9.1 days of funding at the current rate (+$10 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni COOKIE | 0.01259 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $12K | $20K | — |
| Short | Kraken Futures PF_COOKIEUSD | 0.01248 | 0.0439 | get 0.0055% / 1h | 40m 08s | $12K | $40K | 10x |
Variational Omni COOKIE
Kraken Futures PF_COOKIEUSDFunding 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
- $71.17
- Price spread: −0.926% → 0.000%
- −$92.56
- 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
- −$31.39
- Costs to cover
- 0.100%
- Break-even
- 10.1 days
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.
COOKIE 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance COOKIEUSDT | +0.0100% | 4h | 0.01243 | −1.263% | $2.1M | $9.6M | 20x | as long as short |
| Bybit COOKIEUSDT | +0.0100% | 4h | 0.01249 | −0.809% | $868K | $1.5M | 25x | as long as short |
| Gate COOKIE_USDT | +0.0100% | 4h | 0.01249 | −0.809% | $124K | $232K | 25x | as long as short |
| MEXC COOKIE_USDT | +0.0100% | 4h | 0.01249 | −0.809% | $634K | $366K | 100x | as long as short |
| KuCoin COOKIEUSDTM | +0.0100% | 4h | 0.01246 | −1.048% | $224K | $161K | 20x | as long as short |
| Bitget COOKIEUSDT | +0.0100% | 4h | 0.01250 | −0.730% | $362K | $310K | 5x | as long as short |
| BingX COOKIE-USDT | +0.0100% | 4h | 0.01250 | −0.722% | — | $6.6M | — | as long as short |
| Variational Omni COOKIElong | +0.0100% | 4h | 0.01259 | long leg | $12K | $20K | — | |
| Kraken Futures PF_COOKIEUSDshort | +0.0439% | 1h | 0.01248 | −0.926% | $12K | $40K | 10x |
Binance COOKIEUSDT
Bybit COOKIEUSDT
Gate COOKIE_USDT
MEXC COOKIE_USDT
KuCoin COOKIEUSDTM
Bitget COOKIEUSDT
BingX COOKIE-USDT