Funding you earn now, next payment 04:00 UTC+0.5769%/8h= +631.7% APRpaid last 24h −0.832%
Price spread now: Variational Omni against Kraken Futures−0.014%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$173 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_INITUSD | 0.08230 | −0.5669 | get 0.0709% / 1h | 31m 09s | $3K | $19K | 10x |
| Short | Variational Omni INIT | 0.08229 | 0.0100 | get 0.0050% / 4h | 31m 09s | $26K | $23K | — |
Kraken Futures PF_INITUSD
Variational Omni INITFunding 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
- $1,211.52
- Price spread: −0.014% → 0.000%
- −$1.42
- 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
- $1,200.09
- Costs to cover
- 0.100%
- Break-even
- 0.1 days
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.
INIT on 13 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_INITUSDlong | −0.5669% | 1h | 0.08230 | long leg | $3K | $19K | 10x | |
| Hyperliquid INIT | +0.0100% | 1h | 0.08275 | +0.550% | $305K | $230K | 3x | as long as short |
| Aster INITUSDT | +0.0100% | 4h | 0.08266 | +0.432% | $27K | $39K | 5x | as long as short |
| Binance INITUSDT | +0.0100% | 4h | 0.08281 | +0.617% | $3.4M | $3.8M | 25x | as long as short |
| Bybit INITUSDT | +0.0100% | 4h | 0.08263 | +0.398% | $1.4M | $1.5M | 25x | as long as short |
| OKX INIT-USDT-SWAP | +0.0100% | 4h | 0.08281 | +0.617% | $138K | $666K | 10x | as long as short |
| Gate INIT_USDT | +0.0100% | 8h | 0.08260 | +0.362% | $83K | $56K | 25x | as long as short |
| MEXC INIT_USDT | +0.0100% | 4h | 0.08281 | +0.617% | $445K | $210K | 20x | as long as short |
| KuCoin INITUSDTM | +0.0100% | 4h | 0.08255 | +0.301% | $322K | $57K | 25x | as long as short |
| Bitget INITUSDT | +0.0100% | 4h | 0.08261 | +0.374% | $429K | $307K | 25x | as long as short |
Hyperliquid INIT
Aster INITUSDT
Binance INITUSDT
Bybit INITUSDT
OKX INIT-USDT-SWAP
Gate INIT_USDT
MEXC INIT_USDT
KuCoin INITUSDTM
Bitget INITUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX INIT-USDT | +0.0100% | 4h | 0.08271 | +0.495% | — | $6.6M | — | as long as short |
| Variational Omni INITshort | +0.0100% | 4h | 0.08229 | −0.014% | $26K | $23K | — | |
| BloFin INIT-USDT | +0.0138% | 4h | 0.08262 | +0.386% | $151K | $112K | 25x | as long as short |
BingX INIT-USDT
BloFin INIT-USDT