Funding you earn now, next payment 01:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h +0.052%
Price spread now: Variational Omni against Kraken Futures−0.185%7-day average −0.050% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.185%, 7d avg −0.050%
=Together, before fees+0.141%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.136% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.185% now, against its 7-day average of −0.050%). If the spread goes back, that is −$14 on $10k: about 37 hours of funding at the current rate (+$9 a day). Mind the row above: over the last 3 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.068% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.9687 | −0.0192 | get 0.0024% / 1h | 15m 57s | $2.0M | $713K | 50x |
| Short | Variational Omni ETC | 8.9521 | 0.0100 | get 0.0100% / 8h | 7h 15m | $126K | $2K | — |
Kraken Futures PF_ETCUSD
Variational Omni ETCFunding 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
- $61.41
- Price spread: −0.185% → −0.050%
- −$13.56
- 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
- $37.85
- Costs to cover
- 0.100%
- Break-even
- 2.7 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 58 min ago. 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 live order book, 3 min ago | 7.84 bp | 27.8 bp −$28 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 58 min ago | 3.84 bp | doesn't fit | 45.7 bp −$457 | doesn't fit | doesn't fit |
ETC on 22 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_ETCUSDlong | −0.0192% | 1h | 8.9687 | long leg | $2.0M | $713K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.9586 | −0.113% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.9644 | −0.048% | $508 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.9620 | −0.075% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | −1.045% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.9757 | +0.078% | $2.5M | $581K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.9595 | −0.102% | $1.0M | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.9644 | −0.048% | $26.9M | $68.1M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.9610 | −0.086% | $13.2M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.9660 | −0.030% | $8.9M | $17.1M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.9670 | −0.019% | $3.7M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.9630 | −0.064% | $7.8M | $32.6M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.9680 | −0.008% | $2.9M | $717K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.9635 | −0.058% | $10.0M | $3.8M | 75x | as long as short |
| BingX ETC-USDT | +0.0100% | 8h | 8.9620 | −0.075% | — | $20.9M | — | as long as short |
| Variational Omni ETCshort | +0.0100% | 8h | 8.9521 | −0.185% | $126K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.9640 | −0.053% | $151 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.9625 | −0.069% | $122K | $295K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.9680 | −0.008% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.9624 | −0.071% | $11K | $96K | 25x | as long as short |
| BloFin ETC-USDT | +0.0220% | 8h | 8.9520 | −0.186% | $1.4M | $218K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0672% | 1h | 8.9690 | +0.003% | $36K | $14K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDT
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX