Settings8H · net · $10k
Funding arb · Price arb /

GMT

all GMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.1657%/8h= −181.4% APRpaid last 24h −0.277%
Price spread now: Kraken Futures against Variational Omni+0.376%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Kraken Futures is 0.376% dearer against Variational Omni than usual: you sell high and buy low (spread +0.376% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 18 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GMT0.0083490.0100pay 0.0100% / 8h4m 15s$3K$5K
ShortKraken Futures PF_GMTUSD0.008381−0.1557pay 0.0195% / 1h4m 15s$46K$11K20x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$347.93
Price spread: +0.376% → 0.000%
$37.59
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
−$320.34
Costs to cover
0.100%
Break-even
from the start
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
LegHalf-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.

GMT on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_GMTUSDshort−0.1557%1h0.008381+0.376%$46K$11K20x
Hyperliquid GMT+0.0100%1h0.008386+0.439%$123K$123K3xas long as short
Aster GMTUSDT+0.0100%4h0.008377+0.336%$8K$14K10xas long as short
Binance GMTUSDT+0.0100%4h0.008383+0.403%$2.7M$3.1M50xas long as short
Bybit GMTUSDT+0.0100%8h0.008376+0.319%$1.1M$1.1M50xas long as short
OKX GMT-USDT-SWAP+0.0100%4h0.008377+0.331%$349K$566K20xas long as short
Gate GMT_USDT+0.0100%8h0.008370+0.247%$145K$106K50xas long as short
MEXC GMT_USDT+0.0100%4h0.008382+0.391%$424K$187K20xas long as short
KuCoin GMTUSDTM+0.0100%4h0.008370+0.247%$250K$99K50xas long as short
Bitget GMTUSDT+0.0100%4h0.008376+0.319%$675K$398K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GMTlong+0.0100%8h0.008349long leg$3K$5K
BingX GMT-USDT+0.0200%4h0.008374+0.295%$1.2Mas long as short