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

ID

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0342%/8h= +37.5% APRpaid last 24h +0.224%
Price spread now: Kraken Futures against Variational Omni+0.102%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
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Kraken Futures is 0.102% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ID0.037310.0100pay 0.0100% / 8h2h 35m$12K$20K
ShortKraken Futures PF_IDUSD0.037350.0442get 0.0055% / 1h35m 32s$4K$2K10x

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
$71.85
Price spread: +0.102% → 0.000%
$10.19
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
$72.04
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.

ID on 11 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
Aster IDUSDT+0.0100%4h0.03739+0.210%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03734+0.080%$2.4M$3.3M50xas long as short
Bybit IDUSDT+0.0100%8h0.03736+0.134%$1.4M$1.0M25xas long as short
MEXC ID_USDT+0.0100%4h0.03734+0.080%$344K$136K20xas long as short
Bitget IDUSDT+0.0100%4h0.03740+0.241%$771K$559K50xas long as short
BingX ID-USDT+0.0100%4h0.03737+0.160%$2.3Mas long as short
Variational Omni IDlong+0.0100%8h0.03731long leg$12K$20K
BloFin ID-USDT+0.0149%4h0.03728−0.081%$162K$11K50xas long as short
Gate ID_USDT+0.0240%4h0.03736+0.134%$259K$228K25xas long as short
KuCoin IDUSDTM+0.0270%4h0.03738+0.187%$1.0M$61K30xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSDshort+0.0442%1h0.03735+0.102%$4K$2K10x