Funding you earn now, next payment 06:00 UTC−0.1574%/8h= −172.3% APRpaid last 24h −0.571%
Price spread now: Variational Omni against Kraken Futures−0.665%7-day average — · 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)—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 against this trade now: funding costs −$47 a day on $10k at the current rate, and Variational Omni is 0.665% cheaper against Kraken Futures than usual: you would sell low and buy high (−$67 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_PORTALUSD | 0.02011 | 0.1674 | pay 0.0209% / 1h | 51m 28s | $42K | $197K | 10x |
| Short | Variational Omni PORTAL | 0.01998 | 0.0100 | get 0.0050% / 4h | 2h 51m | $1K | $6K | — |
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
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
- −$330.51
- Price spread: −0.665% → 0.000%
- −$66.52
- 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
- −$407.03
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 61 min ago; 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 live order book, 61 min ago | 20.12 bp | 66.4 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
PORTAL on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PORTALUSDT | +0.0100% | 4h | 0.02009 | −0.120% | $13K | $41K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.02011 | −0.012% | $3.3M | $5.1M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.02011 | +0.008% | $1.3M | $899K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.02011 | −0.011% | $950K | $375K | 50x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.02010 | −0.061% | — | $1.3M | — | as long as short |
| Variational Omni PORTALshort | +0.0100% | 4h | 0.01998 | −0.665% | $1K | $6K | — | |
| BloFin PORTAL-USDT | +0.0147% | 4h | 0.02002 | −0.459% | $207K | $18K | 10x | as long as short |
| KuCoin PORTALUSDTM | +0.0708% | 4h | 0.02007 | −0.210% | $339K | $110K | 10x | as long as short |
| Kraken Futures PF_PORTALUSDlong | +0.1674% | 1h | 0.02011 | long leg | $42K | $197K | 10x |
Kraken Futures PF_PORTALUSD
Variational Omni PORTAL
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
BingX PORTAL-USDT
BloFin PORTAL-USDT
KuCoin PORTALUSDTM