Funding you earn now, next payment 02:00 UTC+0.2106%/8h= +230.6% APRpaid last 24h +0.500%
Price spread now: Kraken Futures against Variational Omni+0.228%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 +$63 a day on $10k at the current rate, and Kraken Futures is 0.228% dearer against Variational Omni than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PORTAL | 0.01979 | 0.0100 | pay 0.0050% / 4h | 2h 21m | $1K | $6K | — |
| Short | Kraken Futures PF_PORTALUSD | 0.01984 | 0.2206 | get 0.0276% / 1h | 21m 28s | $40K | $195K | 10x |
Funding 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
- $442.16
- Price spread: +0.228% → 0.000%
- $22.81
- 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
- $454.96
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 46 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 46 min ago | 35.42 bp | 68.3 bp −$68 | 256.8 bp −$2,568 | doesn't fit | doesn't fit |
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 8 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 | 0.01979 | −0.004% | $8K | $36K | 5x | as long as short |
| Binance PORTALUSDT | +0.0100% | 4h | 0.01975 | −0.206% | $3.2M | $5.1M | 10x | as long as short |
| Bybit PORTALUSDT | +0.0100% | 4h | 0.01977 | −0.115% | $1.3M | $899K | 20x | as long as short |
| MEXC PORTAL_USDT | +0.0100% | 4h | 0.01975 | −0.206% | $883K | $390K | 50x | as long as short |
| KuCoin PORTALUSDTM | +0.0100% | 4h | 0.01978 | −0.054% | $341K | $117K | 10x | as long as short |
| BingX PORTAL-USDT | +0.0100% | 4h | 0.01975 | −0.206% | — | $1.3M | — | as long as short |
| Variational Omni PORTALlong | +0.0100% | 4h | 0.01979 | long leg | $1K | $6K | — | |
| Kraken Futures PF_PORTALUSDshort | +0.2206% | 1h | 0.01984 | +0.228% | $40K | $195K | 10x |
Variational Omni PORTAL
Kraken Futures PF_PORTALUSD
Aster PORTALUSDT
Binance PORTALUSDT
Bybit PORTALUSDT
MEXC PORTAL_USDT
KuCoin PORTALUSDTM
BingX PORTAL-USDT