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

KERNEL

all KERNEL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.5663%/8h= −620.1% APRnext payment $28.31 per $10,000 · paid last 24h −0.308%
Price spread now: Variational Omni against Binance+0.417%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. Variational Omni is 0.417% dearer against Binance than usual: you sell high and buy low (spread +0.417% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$170 a day in funding at the current rate, which eats that in about 6 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance KERNELUSDT0.06613−1.3940get 0.6970% / 4h58m 50s$4.2M$66.9M25x
ShortVariational Omni KERNEL0.06640−1.9602pay 0.9801% / 4h58m 50s$13K$37K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Binance. 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
−$1,189.22
Price spread: +0.417% → 0.000%
$41.69
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$1,157.53
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 14 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 14 min ago0.76 bp16.6 bp −$1760.4 bp −$604doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
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.

KERNEL on 8 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
Bybit KERNELUSDT−2.2529%4h0.06642+0.445%$2.3M$13.9M20xas long as short
BingX KERNEL-USDT−2.0348%4h0.06624+0.173%$7.3Mas long as short
Variational Omni KERNELshort−1.9602%4h0.06640+0.417%$13K$37K
KuCoin KERNELUSDTM−1.4446%4h0.06636+0.354%$283K$531K30xas long as short
Binance KERNELUSDTlong−1.3940%4h0.06613long leg$4.2M$66.9M25x
MEXC KERNEL_USDT−1.3882%4h0.06614+0.022%$1.2M$2.5M20xas long as short
Gate KERNEL_USDT−1.3272%4h0.06642+0.445%$358K$1.8M50xas long as short
Bitget KERNELUSDT−1.2980%4h0.06588−0.372%$1.1M$7.4M25xas long as short