Funding you earn now, next payment 07:00 UTC−1.2618%/8h= −1381.7% APRpaid last 24h −3.283%
Price spread now: Variational Omni against Kraken Futures−0.723%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 −$379 a day on $10k at the current rate, and Variational Omni is 0.723% cheaper against Kraken Futures than usual: you would sell low and buy high (−$72 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_RAREUSD | 0.01328 | 1.2718 | pay 0.1590% / 1h | 31m 49s | $3K | $2K | 10x |
| Short | Variational Omni RARE | 0.01318 | 0.0100 | get 0.0050% / 4h | 1h 31m | $1K | $2K | — |
Kraken Futures PF_RAREUSD
Variational Omni RAREFunding 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
- −$2,649.77
- Price spread: −0.723% → 0.000%
- −$72.28
- 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
- −$2,732.05
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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 no order-book sample | — | — | — | — | — |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
Kraken Futures and 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.
RARE on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX RARE-USDT | +0.0070% | 4h | 0.01316 | −0.901% | — | $1.3M | — | as long as short |
| Aster RAREUSDT | +0.0100% | 4h | 0.01315 | −0.945% | $8K | $3K | 5x | as long as short |
| Binance RAREUSDT | +0.0100% | 4h | 0.01316 | −0.909% | $1.6M | $1.1M | 25x | as long as short |
| Bybit RAREUSDT | +0.0100% | 4h | 0.01317 | −0.796% | $307K | $87K | 25x | as long as short |
| Gate RARE_USDT | +0.0100% | 4h | 0.01316 | −0.901% | $49K | $27K | 20x | as long as short |
| MEXC RARE_USDT | +0.0100% | 4h | 0.01317 | −0.826% | $620K | $170K | 100x | as long as short |
| KuCoin RAREUSDTM | +0.0100% | 4h | 0.01317 | −0.826% | $201K | $71K | 30x | as long as short |
| Bitget RAREUSDT | +0.0100% | 4h | 0.01315 | −0.977% | $232K | $71K | 20x | as long as short |
| Variational Omni RAREshort | +0.0100% | 4h | 0.01318 | −0.723% | $1K | $2K | — | |
| BloFin RARE-USDT | +0.0138% | 4h | 0.01315 | −0.977% | $105K | $11K | 25x | as long as short |
BingX RARE-USDT
Aster RAREUSDT
Binance RAREUSDT
Bybit RAREUSDT
Gate RARE_USDT
MEXC RARE_USDT
KuCoin RAREUSDTM
Bitget RAREUSDT
BloFin RARE-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RAREUSDlong | +1.2718% | 1h | 0.01328 | long leg | $3K | $2K | 10x |