Funding you earn now, next payment 23:00 UTC+0.0258%/8h= +28.2% APRpaid last 24h +0.124%
Price spread now: Kraken Futures against Variational Omni+0.642%7-day average +0.051% · 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)+0.125%+$12 on $10k
+Price spread, last 3 days (all we have)−0.702%−$70 · spread now +0.642%, 7d avg +0.051%
=Together, before fees−0.577%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.592% dearer against Variational Omni than usual: you sell high and buy low: +$59 more if the spread goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni FET | 0.2011 | 0.0100 | pay 0.0100% / 8h | 1h 42m | $273K | $316K | — |
| Short | Kraken Futures PF_FETUSD | 0.2024 | 0.0358 | get 0.0045% / 1h | 42m 19s | $1.0M | $2.2M | 50x |
Variational Omni FET
Kraken Futures PF_FETUSDFunding 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
- $54.16
- Price spread: +0.642% → +0.051%
- $59.17
- 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
- $103.33
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 42 min ago; Kraken Futures: live order book, 1 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, 42 min ago | 7.43 bp | doesn't fit | 42.1 bp −$421 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 6.68 bp | 15.7 bp −$16 | 48.8 bp −$488 | doesn't fit | doesn't fit |
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4183% | 1h | 0.2021 | +0.482% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2022 | +0.532% | $158K | $191K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2021 | +0.503% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0051% | 8h | 0.2021 | +0.482% | $2.7M | $11.9M | 50x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2024 | +0.631% | $342K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2023 | +0.564% | $31.6M | $107.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2022 | +0.532% | $34.8M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTM | +0.0100% | 8h | 0.2022 | +0.532% | $10.4M | $19.1M | 50x | as long as short |
| Variational Omni FETlong | +0.0100% | 8h | 0.2011 | long leg | $273K | $316K | — | |
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2021 | +0.482% | $37K | $5K | 10x | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
KuCoin FETUSDTM
Orderly PERP_FET_USDCShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FET-USD | +0.0104% | 1h | 0.2022 | +0.547% | $34K | $190K | 10x | as long as short |
| Hyperliquid FET | +0.0122% | 1h | 0.2024 | +0.611% | $9.0M | $7.9M | 5x | as long as short |
| OKX FET-USDT-SWAP | +0.0173% | 4h | 0.2025 | +0.681% | $859K | $7.6M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2021 | +0.487% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2018 | +0.333% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0290% | 8h | 0.2023 | +0.581% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0310% | 8h | 0.2025 | +0.681% | $16.5M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSDshort | +0.0358% | 1h | 0.2024 | +0.642% | $1.0M | $2.2M | 50x | |
| Injective FET/USDC PERP | +0.0553% | 1h | 0.2010 | −0.065% | $3K | $166K | 12x | as long as short |
| Phoenix FET | +0.0599% | 1h | 0.2016 | +0.248% | $27K | $36K | 5x | as long as short |
Extended FET-USD
Hyperliquid FET
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Injective FET/USDC PERP
Phoenix FET