Funding you earn now, next payment 22:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h −0.047%
Price spread now: Kraken Futures against Variational Omni+0.322%7-day average +0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.081%+$8 on $10k
+Price spread, last 3 days (all we have)−0.551%−$55 · spread now +0.322%, 7d avg +0.045%
=Together, before fees−0.470%+ Points / potential airdropVariational Omni: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.278% dearer against Variational Omni than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.7635 | 0.0100 | pay 0.0100% / 8h | 2h 36m | $124K | $2K | — |
| Short | Kraken Futures PF_ETCUSD | 8.7918 | 0.0180 | get 0.0023% / 1h | 36m 51s | $1.9M | $674K | 50x |
Variational Omni ETC
Kraken Futures PF_ETCUSDFunding 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
- $16.86
- Price spread: +0.322% → +0.045%
- $27.77
- 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
- $34.63
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 52 min ago; Kraken Futures: live order book, 2 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 Variational Omni RFQ quote, 52 min ago | 3.27 bp | doesn't fit | 43.4 bp −$434 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.55 bp | 18.1 bp −$18 | 44.8 bp −$448 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective ETC/USDC PERP | −0.0037% | 1h | 8.7920 | +0.325% | $33 | $77K | 5.5x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7892 | +0.293% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.7975 | +0.387% | $498 | $978 | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.7926 | +0.331% | — | — | 150x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.7987 | +0.401% | $2.2M | $422K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7939 | +0.347% | $984K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7890 | +0.290% | $26.3M | $70.5M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7810 | +0.199% | $12.9M | $7.3M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7810 | +0.199% | $8.7M | $16.2M | 50x | as long as short |
| Gate ETC_USDT | +0.0100% | 8h | 8.7910 | +0.313% | $3.5M | $2.4M | 60x | as long as short |
Injective ETC/USDC PERP
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAP
Gate ETC_USDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC ETC_USDT | +0.0100% | 8h | 8.7980 | +0.393% | $7.8M | $36.8M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7910 | +0.313% | $2.8M | $694K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7860 | +0.256% | $9.6M | $3.6M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7900 | +0.302% | — | $711K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.7635 | long leg | $124K | $2K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7940 | +0.348% | $154 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7955 | +0.365% | $131K | $272K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7910 | +0.313% | $2.0M | $2.6M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7919 | +0.324% | $4K | $181K | 25x | as long as short |
| Kraken Futures PF_ETCUSDshort | +0.0180% | 1h | 8.7918 | +0.322% | $1.9M | $674K | 50x | |
| BloFin ETC-USDT | +0.0220% | 8h | 8.7950 | +0.359% | $1.4M | $216K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0632% | 1h | 8.8200 | +0.644% | $35K | $13K | 50x | as long as short |
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX