Funding you earn now, next payment 09:00 UTC+0.0212%/8h= +23.2% APRpaid last 24h −0.065%
Price spread now: Variational Omni against Kraken Futures+0.030%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no 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 +$6 a day on $10k at the current rate, and Variational Omni is 0.030% dearer against Kraken Futures than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_METISUSD | 3.5184 | −0.0112 | get 0.0014% / 1h | 55m 50s | $2K | $2K | 10x |
| Short | Variational Omni METIS | 3.5194 | 0.0100 | get 0.0050% / 4h | 3h 55m | $33K | $34K | — |
Kraken Futures PF_METISUSD
Variational Omni METISFunding 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
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $44.45
- Price spread: +0.030% → 0.000%
- $2.99
- 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
- $37.44
- Costs to cover
- 0.100%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
METIS on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_METISUSDlong | −0.0112% | 1h | 3.5184 | long leg | $2K | $2K | 10x | |
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −8.765% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.5099 | −0.239% | $11K | $23K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.5104 | −0.226% | $2.1M | $3.9M | 50x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.5150 | −0.096% | $392K | $970K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.5110 | −0.209% | $141K | $119K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.5070 | −0.323% | $678K | $212K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.5110 | −0.209% | $206K | $414K | 50x | as long as short |
| BingX METIS-USDT | +0.0100% | 4h | 3.5140 | −0.124% | — | $2.4M | — | as long as short |
| Variational Omni METISshort | +0.0100% | 4h | 3.5194 | +0.030% | $33K | $34K | — |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
BingX METIS-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin METISUSDTM | +0.0304% | 4h | 3.5250 | +0.188% | $665K | $150K | 30x | as long as short |
| Bybit METISUSDT | +0.0518% | 4h | 3.5190 | +0.018% | $699K | $575K | 20x | as long as short |
KuCoin METISUSDTM
Bybit METISUSDT