Settings8H · net · $10k
Funding arb · Price arb /

PORTAL

all PORTAL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_PORTALUSD0.020110.1674pay 0.0209% / 1h51m 28s$42K$197K10x
ShortVariational Omni PORTAL0.019980.0100get 0.0050% / 4h2h 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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 61 min ago20.12 bp66.4 bp −$66doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster PORTALUSDT+0.0100%4h0.02009−0.120%$13K$41K5xas long as short
Binance PORTALUSDT+0.0100%4h0.02011−0.012%$3.3M$5.1M10xas long as short
Bybit PORTALUSDT+0.0100%4h0.02011+0.008%$1.3M$899K20xas long as short
MEXC PORTAL_USDT+0.0100%4h0.02011−0.011%$950K$375K50xas long as short
BingX PORTAL-USDT+0.0100%4h0.02010−0.061%$1.3Mas long as short
Variational Omni PORTALshort+0.0100%4h0.01998−0.665%$1K$6K
BloFin PORTAL-USDT+0.0147%4h0.02002−0.459%$207K$18K10xas long as short
KuCoin PORTALUSDTM+0.0708%4h0.02007−0.210%$339K$110K10xas long as short
Kraken Futures PF_PORTALUSDlong+0.1674%1h0.02011long leg$42K$197K10x