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 00:00 UTC+0.0298%/8h= +32.7% APRnext payment +$1.49 per $10,000 · paid last 24h +0.283%
Price spread now: MEXC against Variational Omni−0.103%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. MEXC is 0.103% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.103% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 28 hours of funding at the current rate (+$9 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni KERNEL0.04778−0.1274get 0.0637% / 4h1h 24m$8K$13K
ShortMEXC KERNEL_USDT0.04773−0.0976pay 0.0488% / 4h1h 24m$970K$711K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Variational Omni. 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
$62.63
Price spread: −0.103% → 0.000%
−$10.26
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee MEXC: 2 bp × 2 orders
−$4
Net
$48.36
Costs to cover
0.040%
Break-even
1.6 days
Slippage unknown: Variational Omni: no order-book sample; MEXC: live order book, 55 min ago. 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 Variational Omni no order-book sample
Sell MEXC live order book, 55 min ago3.17 bp14.9 bp −$1523.1 bp −$231234.2 bp −$23.4Kdoesn't fit
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−0.1633%4h0.04785+0.149%$893K$5.2M20xas long as short
BingX KERNEL-USDT−0.1514%4h0.04776−0.040%$6.7Mas long as short
Variational Omni KERNELlong−0.1274%4h0.04778long leg$8K$13K
Binance KERNELUSDT−0.1001%4h0.04773−0.103%$1.7M$21.0M25xas long as short
MEXC KERNEL_USDTshort−0.0976%4h0.04773−0.103%$970K$711K20x
KuCoin KERNELUSDTM−0.0916%4h0.04764−0.291%$201K$301K30xas long as short
Gate KERNEL_USDT−0.0634%4h0.04782+0.086%$143K$546K50xas long as short
Bitget KERNELUSDT−0.0444%4h0.04770−0.165%$403K$2.6M25xas long as short