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

KERNEL

all KERNEL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+1.1006%/8h= +1205.2% APRnext payment +$55.03 per $10,000 · paid last 24h +0.030%
Price spread now: Variational Omni against BingX+1.086%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 +$330 a day on $10k at the current rate, and Variational Omni is 1.086% dearer against BingX than usual: you sell high and buy low: +$109 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KERNEL-USDT0.04900−1.5034get 0.7517% / 4h3h 45m$6.7M
ShortVariational Omni KERNEL0.04953−0.4028pay 0.2014% / 4h3h 45m$8K$14K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. 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
$2,311.35
Price spread: +1.086% → 0.000%
$108.64
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$2,409.99
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago9.17 bp42.9 bp −$43117.2 bp −$1,172648.3 bp −$64.8Kdoesn'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−2.0360%4h0.04921+0.429%$1.0M$5.4M20xas long as short
BingX KERNEL-USDTlong−1.5034%4h0.04900long leg$6.7M
Gate KERNEL_USDT−0.8356%4h0.04893−0.143%$144K$567K50xas long as short
Variational Omni KERNELshort−0.4028%4h0.04953+1.086%$8K$14K
KuCoin KERNELUSDTM−0.3114%4h0.04904+0.082%$200K$308K30xas long as short
Binance KERNELUSDT−0.2996%4h0.04892−0.155%$1.7M$22.0M25xas long as short
MEXC KERNEL_USDT−0.2862%4h0.04913+0.265%$1.2M$772K20xas long as short
Bitget KERNELUSDT−0.2010%4h0.04939+0.796%$424K$2.7M25xas long as short