Funding you earn now, next payment 11:00 UTC+0.0445%/8h= +48.7% APRpaid last 24h +0.066%
Price spread now: Variational Omni against Kraken Futures−0.148%7-day average −0.101% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.219%+$22 on $10k
+Price spread, last 4 days (all we have)+0.487%+$49 · spread now −0.148%, 7d avg −0.101%
=Together, before fees+0.706%+ Points / potential airdropVariational Omni: Active · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.047% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.148% now, against its 7-day average of −0.101%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$13 a day). At the pace of the last 4 days (+0.219% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POLUSD | 0.1093 | −0.0345 | get 0.0043% / 1h | 59m 01s | $1.2M | $972K | 50x |
| Short | Variational Omni POL | 0.1091 | 0.0100 | get 0.0050% / 4h | 1h 59m | $603K | $163K | — |
Kraken Futures PF_POLUSD
Variational Omni POLFunding 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
- $93.35
- Price spread: −0.148% → −0.101%
- −$4.67
- 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
- $78.68
- Costs to cover
- 0.100%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; Variational Omni: RFQ quote, 53 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, 2 min ago | 7.78 bp | 16.6 bp −$17 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 53 min ago | 9.15 bp | doesn't fit | 36.6 bp −$366 | doesn't fit | doesn't fit |
POL on 25 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0624% | 1h | 0.1090 | −0.257% | $198K | $164K | 50x | as long as short |
| Kraken Futures PF_POLUSDlong | −0.0345% | 1h | 0.1093 | long leg | $1.2M | $972K | 50x | |
| Orderly PERP_POL_USDC | −0.0183% | 4h | 0.1092 | −0.111% | $10K | $2.6M | 20x | as long as short |
| Gate POL_USDT | −0.0154% | 4h | 0.1091 | −0.120% | $1.8M | $1.0M | 75x | as long as short |
| GRVT POL_USDT_Perp | −0.0084% | 4h | 0.1093 | −0.018% | $1.0M | $2.8M | 10x | as long as short |
| OKX POL-USDT-SWAP | −0.0032% | 4h | 0.1092 | −0.065% | $5.7M | $8.4M | 50x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1092 | −0.108% | $2K | — | — | as long as short |
| Bitget POLUSDT | −0.0002% | 4h | 0.1092 | −0.038% | $4.0M | $3.2M | 50x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0003% | 1h | 0.1092 | −0.033% | $9K | — | 150x | as long as short |
| MEXC POL_USDT | +0.0006% | 4h | 0.1092 | −0.056% | $25.1M | $3.1M | 125x | as long as short |
Coinbase International POL-PERP-INTX
Orderly PERP_POL_USDC
Gate POL_USDT
GRVT POL_USDT_Perp
OKX POL-USDT-SWAP
Reya POLRUSDPERP
Bitget POLUSDT
gTrade (Gains Network) POL/USD
MEXC POL_USDTShow all 25 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended POL-USD | +0.0008% | 1h | 0.1092 | −0.092% | $91K | $521K | 10x | as long as short |
| Binance POLUSDT | +0.0012% | 4h | 0.1092 | −0.083% | $16.7M | $32.7M | 75x | as long as short |
| dYdX POL-USD | +0.0014% | 1h | 0.1093 | −0.006% | $24K | $9K | 5x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.664% | $3K | $124K | 12x | as long as short |
| ApeX Omni POLUSDT | +0.0036% | 1h | 0.1091 | −0.166% | $154K | $665K | 50x | as long as short |
| BloFin POL-USDT | +0.0046% | 4h | 0.1092 | −0.074% | $897K | $136K | 75x | as long as short |
| Aevo POL-PERP | +0.0080% | 1h | 0.1093 | +0.011% | $40K | — | 3x | as long as short |
| Lighter POL | +0.0096% | 1h | 0.1092 | −0.049% | $267K | $478K | 8x | as long as short |
| Hyperliquid POL | +0.0100% | 1h | 0.1094 | +0.100% | $7.4M | $3.5M | 5x | as long as short |
| Aster POLUSDT | +0.0100% | 4h | 0.1092 | −0.056% | $367K | $168K | 20x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1092 | −0.065% | $15.7M | $8.7M | 75x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1093 | +0.017% | $2.9M | $757K | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1092 | −0.102% | — | $1.6M | — | as long as short |
| Variational Omni POLshort | +0.0100% | 4h | 0.1091 | −0.148% | $603K | $163K | — | |
| GMX POL/USD [ETH-USDC] | L +0.0164% / S −0.0294% | 1h | 0.1093 | −0.015% | $3K | — | 100x | as long as short |
Extended POL-USD
Binance POLUSDT
dYdX POL-USD
Injective POL/USDC PERP
ApeX Omni POLUSDT
BloFin POL-USDT
Aevo POL-PERP
Lighter POL
Hyperliquid POL
Aster POLUSDT
Bybit POLUSDT
KuCoin POLUSDTM
BingX POL-USDC
GMX POL/USD [ETH-USDC]