Funding you earn now, next payment 00:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.205%
Price spread now: Variational Omni against Kraken Futures−0.096%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.096% cheaper against Kraken Futures than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_IDUSD | 0.03758 | 0.0440 | pay 0.0055% / 1h | 5m 26s | $4K | $2K | 10x |
| Short | Variational Omni ID | 0.03754 | 0.0100 | get 0.0100% / 8h | 5m 26s | $12K | $20K | — |
Kraken Futures PF_IDUSD
Variational Omni IDFunding 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
- −$71.31
- Price spread: −0.096% → 0.000%
- −$9.63
- 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
- −$90.94
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and Variational Omni: 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.
ID on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ID-USDT | +0.0092% | 4h | 0.03759 | +0.037% | $161K | $12K | 50x | as long as short |
| Aster IDUSDT | +0.0100% | 4h | 0.03756 | −0.032% | $9K | $135 | 5x | as long as short |
| Binance IDUSDT | +0.0100% | 4h | 0.03759 | +0.025% | $2.5M | $3.5M | 50x | as long as short |
| Bybit IDUSDT | +0.0100% | 8h | 0.03756 | −0.043% | $1.4M | $1.1M | 25x | as long as short |
| Gate ID_USDT | +0.0100% | 4h | 0.03758 | +0.010% | $249K | $241K | 25x | as long as short |
| MEXC ID_USDT | +0.0100% | 4h | 0.03757 | −0.016% | $420K | $160K | 20x | as long as short |
| KuCoin IDUSDTM | +0.0100% | 4h | 0.03756 | −0.043% | $1.1M | $64K | 30x | as long as short |
| Bitget IDUSDT | +0.0100% | 4h | 0.03752 | −0.149% | $792K | $591K | 50x | as long as short |
| BingX ID-USDT | +0.0100% | 4h | 0.03758 | +0.010% | — | $2.3M | — | as long as short |
| Variational Omni IDshort | +0.0100% | 8h | 0.03754 | −0.096% | $12K | $20K | — |
BloFin ID-USDT
Aster IDUSDT
Binance IDUSDT
Bybit IDUSDT
Gate ID_USDT
MEXC ID_USDT
KuCoin IDUSDTM
Bitget IDUSDT
BingX ID-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_IDUSDlong | +0.0440% | 1h | 0.03758 | long leg | $4K | $2K | 10x |