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

POWR

all POWR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0160%/8h= +17.5% APRpaid last 24h −0.328%
Price spread now: Kraken Futures against Variational Omni+0.273%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and Kraken Futures is 0.273% dearer against Variational Omni than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni POWR0.063430.0126pay 0.0063% / 4h1h 57m$509$2K
ShortKraken Futures PF_POWRUSD0.063600.0286get 0.0036% / 1h57m 22s$16K$11K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$33.57
Price spread: +0.273% → 0.000%
$27.28
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
$50.84
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: 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 Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and Kraken Futures: 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.

POWR on 10 exchanges

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 POWRUSDT+0.0100%4h0.06349+0.101%$13K$44K5xas long as short
Binance POWRUSDT+0.0100%4h0.06348+0.086%$1.4M$2.1M50xas long as short
Gate POWR_USDT+0.0100%4h0.06335−0.126%$106K$25K10xas long as short
MEXC POWR_USDT+0.0100%4h0.06348+0.079%$1.1M$110K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06362+0.299%$635K$99K30xas long as short
Bitget POWRUSDT+0.0100%4h0.06351+0.126%$369K$197K50xas long as short
Variational Omni POWRlong+0.0126%4h0.06343long leg$509$2K
Bybit POWRUSDT+0.0185%4h0.063430.000%$906K$511K13xas long as short
Kraken Futures PF_POWRUSDshort+0.0286%1h0.06360+0.273%$16K$11K10x
BingX POWR-USDT+0.0388%4h0.06350+0.110%$1.3Mas long as short