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+1.6332%/8h= +1788.4% APRnext payment +$81.66 per $10,000 · paid last 24h +0.043%
Price spread now: Variational Omni against Bybit+0.655%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 +$490 a day on $10k at the current rate, and Variational Omni is 0.655% dearer against Bybit than usual: you sell high and buy low: +$65 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KERNELUSDT0.04921−2.0360get 1.0180% / 4h3h 45m$1.0M$5.4M20x
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 Bybit. 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
$3,429.73
Price spread: +0.655% → 0.000%
$65.5
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$3,484.23
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Bybit: 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 Bybit live order book, 3 min ago12.23 bp55.1 bp −$55505.1 bp −$5,051doesn'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 KERNELUSDTlong−2.0360%4h0.04921long leg$1.0M$5.4M20x
BingX KERNEL-USDT−1.5034%4h0.04900−0.427%$6.7Mas long as short
Gate KERNEL_USDT−0.8356%4h0.04893−0.569%$144K$567K50xas long as short
Variational Omni KERNELshort−0.4028%4h0.04953+0.655%$8K$14K
KuCoin KERNELUSDTM−0.3114%4h0.04904−0.345%$200K$308K30xas long as short
Binance KERNELUSDT−0.2996%4h0.04892−0.581%$1.7M$22.0M25xas long as short
MEXC KERNEL_USDT−0.2862%4h0.04913−0.163%$1.2M$772K20xas long as short
Bitget KERNELUSDT−0.2010%4h0.04939+0.366%$424K$2.7M25xas long as short