LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.3833%/8h= +419.8% APRnext payment +$4.79 per $10,000 · paid last 24h −0.063%

Price spread now: Variational Omni against Kraken Futures+0.316%7-day average +0.692% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+1.898%+$190 · spread now +0.316%, 7d avg +0.692%

Together, before fees+2.108%+ Points / potential airdropVariational Omni: Active · farm board+$211 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.376% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.316% now, against its 7-day average of +0.692%). If the spread goes back, that is −$38 on $10k: about 8 hours of funding at the current rate (+$115 a day). At the pace of the last 4 days (+0.210% in total) that is about 6.3 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.210% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LSKUSD	0.3443	−0.4753	get 0.0594% / 1h	0m 39s	$105K	$357K	10x
Short	Variational Omni LSK	0.3453	−0.0920	pay 0.0115% / 1h	0m 39s	$31K	$192K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Kraken Futures. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Variational OmnibpOrdersPrice spread, now +0.316%Rate

Funding earned: $805.01
Price spread: +0.316% → +0.692%: −$37.57
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $757.44
Costs to cover: 0.100%
Break-even: 0.4 days

Slippage unknown: Kraken Futures: live order book, 37 min ago; Variational Omni: RFQ quote, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Kraken Futures live order book, 37 min ago	31.50 bp	43.0 bp −$43	292.5 bp −$2,925	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 38 min ago	4.37 bp	doesn't fit	275.1 bp −$2,751	doesn't fit	doesn't fit

LSK on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance LSKUSDT	−0.5836%	1h	0.3442	−0.029%	$15.2M	$100.6M	50x	as long as short
MEXC LSK_USDT	−0.5832%	1h	0.3442	−0.017%	$8.8M	$2.4M	20x	as long as short
BingX LSK-USDT	−0.5480%	1h	0.3419	−0.671%	—	$3.0M	—	as long as short
Gate LSK_USDT	−0.5400%	1h	0.3445	+0.070%	$1.4M	$2.7M	20x	as long as short
Aster LSKUSDT	−0.4983%	1h	0.3445	+0.081%	$50K	$183K	5x	as long as short
Kraken Futures PF_LSKUSDlong	−0.4753%	1h	0.3443	long leg	$105K	$357K	10x
HTX LSK-USDT	−0.3655%	1h	0.3443	+0.020%	$39K	$319K	20x	as long as short
Bybit LSKUSDT	−0.2607%	1h	0.3454	+0.334%	$9.0M	$21.4M	25x	as long as short
Bitget LSKUSDT	−0.0952%	1h	0.3439	−0.105%	$2.7M	$9.9M	50x	as long as short
Variational Omni LSKshort	−0.0920%	1h	0.3453	+0.316%	$31K	$192K	—