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+0.4328%/8h= +474.0% APRnext payment +$21.64 per $10,000 · paid last 24h −0.620%
Price spread now: Variational Omni against Gate+1.231%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 +$130 a day on $10k at the current rate, and Variational Omni is 1.231% dearer against Gate than usual: you sell high and buy low: +$123 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate KERNEL_USDT0.04893−0.8356get 0.4178% / 4h3h 45m$144K$567K50x
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 Gate. 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
$908.97
Price spread: +1.231% → 0.000%
$123.1
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$1,017.07
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Gate: live order book, 26 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 Gate live order book, 26 min ago7.38 bp156.3 bp −$15624433.3 bp −$244.3Kdoesn'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−2.0360%4h0.04921+0.572%$1.0M$5.4M20xas long as short
BingX KERNEL-USDT−1.5034%4h0.04900+0.143%$6.7Mas long as short
Gate KERNEL_USDTlong−0.8356%4h0.04893long leg$144K$567K50x
Variational Omni KERNELshort−0.4028%4h0.04953+1.231%$8K$14K
KuCoin KERNELUSDTM−0.3114%4h0.04904+0.225%$200K$308K30xas long as short
Binance KERNELUSDT−0.2996%4h0.04892−0.012%$1.7M$22.0M25xas long as short
MEXC KERNEL_USDT−0.2862%4h0.04913+0.409%$1.2M$772K20xas long as short
Bitget KERNELUSDT−0.2010%4h0.04939+0.940%$424K$2.7M25xas long as short