Funding you earn now, next payment 06:00 UTC+0.0660%/8h= +72.3% APRpaid last 24h +0.042%
Price spread now: Kraken Futures against Variational Omni+0.089%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 +$20 a day on $10k at the current rate, and Kraken Futures is 0.089% dearer against Variational Omni than usual: you sell high and buy low: +$9 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 | Variational Omni METIS | 3.4669 | 0.0100 | pay 0.0050% / 4h | 2h 16m | $32K | $34K | — |
| Short | Kraken Futures PF_METISUSD | 3.4700 | 0.0760 | get 0.0095% / 1h | 16m 31s | $2K | $2K | 10x |
Variational Omni METIS
Kraken Futures PF_METISUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $138.63
- Price spread: +0.089% → 0.000%
- $8.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $137.51
- Costs to cover
- 0.100%
- Break-even
- 0.1 days
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Variational Omni and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective METIS/USDC PERP | +0.0033% | 1h | 3.2100 | −7.410% | — | $40K | 5.5x | as long as short |
| Aster METISUSDT | +0.0100% | 4h | 3.4570 | −0.285% | $11K | $24K | 5x | as long as short |
| Binance METISUSDT | +0.0100% | 4h | 3.4636 | −0.095% | $2.1M | $4.0M | 50x | as long as short |
| OKX METIS-USDT-SWAP | +0.0100% | 4h | 3.4650 | −0.055% | $384K | $953K | 10x | as long as short |
| Gate METIS_USDT | +0.0100% | 4h | 3.4680 | +0.032% | $142K | $138K | 50x | as long as short |
| MEXC METIS_USDT | +0.0100% | 4h | 3.4630 | −0.112% | $675K | $234K | 50x | as long as short |
| Bitget METISUSDT | +0.0100% | 4h | 3.4620 | −0.141% | $197K | $426K | 50x | as long as short |
| Variational Omni METISlong | +0.0100% | 4h | 3.4669 | long leg | $32K | $34K | — | |
| Kraken Futures PF_METISUSDshort | +0.0760% | 1h | 3.4700 | +0.089% | $2K | $2K | 10x | |
| KuCoin METISUSDTM | +0.1002% | 4h | 3.4670 | +0.003% | $596K | $190K | 30x | as long as short |
Injective METIS/USDC PERP
Aster METISUSDT
Binance METISUSDT
OKX METIS-USDT-SWAP
Gate METIS_USDT
MEXC METIS_USDT
Bitget METISUSDT
KuCoin METISUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX METIS-USDT | +0.1254% | 4h | 3.4680 | +0.032% | — | $2.4M | — | as long as short |
| Bybit METISUSDT | +0.1655% | 4h | 3.4740 | +0.205% | $694K | $577K | 20x | as long as short |
BingX METIS-USDT
Bybit METISUSDT