Funding you earn now, next payment 03:00 UTC−0.0352%/8h= −38.5% APRpaid last 24h +0.072%
Price spread now: Variational Omni against Kraken Futures−0.468%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+1.116%+$112 on $10k
+Price spread, last 4 days (all we have)+1.787%+$179 · spread now −0.468%, 7d avg +0.025%
=Together, before fees+2.902%+ Points / potential airdropVariational Omni: Active · farm board+$290 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.493% cheaper against Kraken Futures than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of +0.025%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +1.116%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POPCATUSD | 0.05619 | 0.0295 | pay 0.0037% / 1h | 36m 17s | $151K | $146K | 20x |
| Short | Variational Omni POPCAT | 0.05593 | −0.0057 | pay 0.0029% / 4h | 1h 36m | $508K | $161K | — |
Kraken Futures PF_POPCATUSD
Variational Omni POPCATFunding 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
- −$73.9
- Price spread: −0.468% → +0.025%
- −$49.28
- 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
- −$133.18
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 26 min ago; Variational Omni: RFQ quote, 28 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, 26 min ago | 22.33 bp | 59.6 bp −$60 | 20233.9 bp −$202.3K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 28 min ago | 8.04 bp | doesn't fit | 104.5 bp −$1,045 | doesn't fit | doesn't fit |
POPCAT on 18 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 POPCAT/USDC PERP | −0.4257% | 1h | 0.05514 | −1.872% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05615 | −0.074% | $1 | — | 10x | as long as short |
| Variational Omni POPCATshort | −0.0057% | 4h | 0.05593 | −0.468% | $508K | $161K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05619 | −0.004% | $101K | $51K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05622 | +0.043% | $2.3M | $6.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05607 | −0.217% | $8.8M | $6.3M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05621 | +0.032% | $694K | $1.5M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05610 | −0.164% | $448K | $635K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05621 | +0.032% | $1.8M | $952K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05614 | −0.093% | $1.1M | $986K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05610 | −0.164% | $1.2M | $937K | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05610 | −0.164% | — | $6.7M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05610 | −0.164% | $22K | $652K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05619 | −0.010% | $95K | $529K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0118% | 4h | 0.05618 | −0.022% | $251K | $495K | 10x | as long as short |
| Kraken Futures PF_POPCATUSDlong | +0.0295% | 1h | 0.05619 | long leg | $151K | $146K | 20x | |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05607 | −0.217% | $123K | $324K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0903% | 1h | 0.05625 | +0.103% | $2.6M | $997K | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT