Funding you earn now, next payment 23:00 UTC+0.0793%/8h= +86.8% APRpaid last 24h +0.014%
Price spread now: Variational Omni against Kraken Futures−0.160%7-day average −0.089% · 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)+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.160%, 7d avg −0.089%
=Together, before fees+0.060%+ Points / potential airdropVariational Omni: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.071% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.089%). If the spread goes back, that is −$7 on $10k: about 7 hours of funding at the current rate (+$24 a day). At the pace of the last 3 days (+0.009% in total) that is about 25 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.009% in total (about 1.0% 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_FILUSD | 0.9891 | −0.0694 | get 0.0087% / 1h | 33m 03s | $1.4M | $2.3M | 50x |
| Short | Variational Omni FIL | 0.9875 | 0.0099 | get 0.0099% / 8h | 1h 33m | $439K | $277K | — |
Kraken Futures PF_FILUSD
Variational Omni FILFunding 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
- $166.56
- Price spread: −0.160% → −0.089%
- −$7.12
- 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
- $149.44
- Costs to cover
- 0.100%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: live order book, 1 min ago; Variational Omni: RFQ quote, 51 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, 1 min ago | 3.54 bp | 15.8 bp −$16 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 51 min ago | 3.55 bp | doesn't fit | 39.1 bp −$391 | doesn't fit | doesn't fit |
FIL on 29 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_FILUSDlong | −0.0694% | 1h | 0.9891 | long leg | $1.4M | $2.3M | 50x | |
| Deribit FIL_USDC-PERPETUAL | −0.0457% | 1h | 0.9899 | +0.079% | $170K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9872 | −0.194% | $317K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.366% | $2K | $240K | 12x | as long as short |
| Bitget FILUSDT | −0.0016% | 8h | 0.9882 | −0.093% | $11.0M | $21.5M | 75x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9895 | +0.035% | $25K | — | 150x | as long as short |
| Lighter FIL | 0.0000% | 1h | 0.9884 | −0.075% | $158K | $349K | 5x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9890 | −0.013% | $58K | $2K | 10x | as long as short |
| Bybit FILUSDT | +0.0006% | 8h | 0.9883 | −0.083% | $15.5M | $18.0M | 25x | as long as short |
| KuCoin FILUSDTM | +0.0011% | 8h | 0.9885 | −0.062% | $7.4M | $7.0M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bitget FILUSDT
gTrade (Gains Network) FIL/USD
Lighter FIL
dYdX FIL-USD
Bybit FILUSDT
KuCoin FILUSDTMShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0030% | 8h | 0.9879 | −0.123% | $18.1M | $97.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0074% | 8h | 0.9887 | −0.042% | $251K | $104K | 50x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 0.9878 | −0.136% | $56.8M | $175.0M | 75x | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9876 | −0.154% | $689K | $2.3M | 10x | as long as short |
| BingX FIL-USDC | +0.0080% | 8h | 0.9884 | −0.072% | — | $6.5M | — | as long as short |
| Variational Omni FILshort | +0.0099% | 8h | 0.9875 | −0.160% | $439K | $277K | — | |
| Hyperliquid FIL | +0.0100% | 1h | 0.9883 | −0.077% | $8.6M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9890 | −0.012% | $497K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9884 | −0.072% | $7.8M | $16.2M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9864 | −0.279% | $45K | $293K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9868 | −0.238% | $287K | $803K | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | −0.315% | $30K | $198K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9898 | +0.064% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9880 | −0.113% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9885 | −0.062% | $486 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9898 | +0.069% | $626K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9880 | −0.113% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0196% | 8h | 0.9887 | −0.042% | $2.7M | $657K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0598% / S −0.0709% | 1h | 0.9893 | +0.020% | $207K | — | 100x | as long as short |
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
Extended FIL-USD
BingX FIL-USDC
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]