Funding you earn now, next payment 04:00 UTC+0.0306%/8h= +33.5% APRpaid last 24h +0.015%
Price spread now: Kraken Futures against Variational Omni+0.046%7-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 +$9 a day on $10k at the current rate, and Kraken Futures is 0.046% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni PYTH | 0.06443 | 0.0100 | pay 0.0050% / 4h | 4m 32s | $39K | $25K | — |
| Short | Kraken Futures PF_PYTHUSD | 0.06446 | 0.0406 | get 0.0051% / 1h | 4m 32s | $397K | $294K | 25x |
Variational Omni PYTH
Kraken Futures PF_PYTHUSDFunding 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
- $64.3
- Price spread: +0.046% → 0.000%
- $4.59
- 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
- $58.89
- Costs to cover
- 0.100%
- Break-even
- 0.6 days
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 53 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, 53 min ago | 21.36 bp | 44.1 bp −$44 | 288.0 bp −$2,880 | 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.
PYTH on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit PYTH_USDC-PERPETUAL | −0.0371% | 1h | 0.06437 | −0.099% | $10K | $10K | 10x | as long as short |
| Gate PYTH_USDT | −0.0096% | 4h | 0.06429 | −0.223% | $1.1M | $519K | 75x | as long as short |
| dYdX PYTH-USD | 0.0000% | 1h | 0.06444 | +0.007% | $191K | $19 | 5x | as long as short |
| Injective PYTH/USDC PERP | +0.0033% | 1h | 0.06260 | −2.846% | $553 | $220K | 5.5x | as long as short |
| Binance PYTHUSDT | +0.0055% | 4h | 0.06442 | −0.021% | $9.3M | $18.3M | 75x | as long as short |
| MEXC PYTH_USDT | +0.0058% | 4h | 0.06443 | −0.006% | $10.5M | $2.7M | 125x | as long as short |
| Aster PYTHUSDT | +0.0065% | 4h | 0.06448 | +0.065% | $20K | $45K | 10x | as long as short |
| BloFin PYTH-USDT | +0.0075% | 4h | 0.06435 | −0.130% | $433K | $81K | 75x | as long as short |
| Lighter PYTH | +0.0096% | 1h | 0.06449 | +0.087% | $193K | $210K | 5x | as long as short |
| Aevo PYTH-PERP | +0.0096% | 1h | 0.06437 | −0.093% | $23K | — | 3x | as long as short |
Deribit PYTH_USDC-PERPETUAL
Gate PYTH_USDT
dYdX PYTH-USD
Injective PYTH/USDC PERP
Binance PYTHUSDT
MEXC PYTH_USDT
Aster PYTHUSDT
BloFin PYTH-USDT
Lighter PYTH
Aevo PYTH-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex PYTH-USD-PERP | +0.0100% | 8h | 0.06431 | −0.195% | $3K | — | 10x | as long as short |
| Hyperliquid PYTH | +0.0100% | 1h | 0.06457 | +0.211% | $2.3M | $1.8M | 5x | as long as short |
| Bybit PYTHUSDT | +0.0100% | 4h | 0.06440 | −0.052% | $7.6M | $4.8M | 50x | as long as short |
| OKX PYTH-USDT-SWAP | +0.0100% | 4h | 0.06440 | −0.052% | $2.1M | $3.5M | 50x | as long as short |
| KuCoin PYTHUSDTM | +0.0100% | 4h | 0.06445 | +0.025% | $1.5M | $351K | 50x | as long as short |
| Bitget PYTHUSDT | +0.0100% | 4h | 0.06444 | +0.010% | $2.7M | $2.2M | 75x | as long as short |
| BingX PYTH-USDT | +0.0100% | 4h | 0.06438 | −0.083% | — | $2.7M | — | as long as short |
| Backpack PYTH_USDC_PERP | +0.0100% | 1h | 0.06446 | +0.041% | $37K | $60K | 10x | as long as short |
| Variational Omni PYTHlong | +0.0100% | 4h | 0.06443 | long leg | $39K | $25K | — | |
| Orderly PERP_PYTH_USDC_mythos | +0.0100% | 4h | 0.06441 | −0.045% | $2K | $2K | 10x | as long as short |
| Coinbase International PYTH-PERP-INTX | +0.0104% | 1h | 0.06493 | +0.770% | $40K | $19K | 25x | as long as short |
| Reya PYTHRUSDPERP | +0.0302% | 1h | 0.06445 | +0.032% | — | — | 20x | as long as short |
| Kraken Futures PF_PYTHUSDshort | +0.0406% | 1h | 0.06446 | +0.046% | $397K | $294K | 25x |
Paradex PYTH-USD-PERP
Hyperliquid PYTH
Bybit PYTHUSDT
OKX PYTH-USDT-SWAP
KuCoin PYTHUSDTM
Bitget PYTHUSDT
BingX PYTH-USDT
Backpack PYTH_USDC_PERP
Orderly PERP_PYTH_USDC_mythos
Coinbase International PYTH-PERP-INTX
Reya PYTHRUSDPERP