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

RARE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+1.1707%/8h= +1281.9% APRpaid last 24h +3.338%
Price spread now: Kraken Futures against Variational Omni+0.755%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 +$351 a day on $10k at the current rate, and Kraken Futures is 0.755% dearer against Variational Omni than usual: you sell high and buy low: +$75 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni RARE0.013280.0100pay 0.0050% / 4h40m 16s$1K$2K
ShortKraken Futures PF_RAREUSD0.013381.1807get 0.1476% / 1h40m 16s$3K$2K10x

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
$2,458.5
Price spread: +0.755% → 0.000%
$75.5
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
$2,524
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.

RARE on 11 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
BingX RARE-USDT+0.0070%4h0.01327−0.056%$1.3Mas long as short
Aster RAREUSDT+0.0100%4h0.01326−0.100%$8K$3K5xas long as short
Binance RAREUSDT+0.0100%4h0.01326−0.138%$1.6M$1.1M25xas long as short
Gate RARE_USDT+0.0100%4h0.01326−0.131%$49K$27K20xas long as short
MEXC RARE_USDT+0.0100%4h0.01325−0.206%$585K$170K100xas long as short
KuCoin RAREUSDTM+0.0100%4h0.01328+0.019%$203K$70K30xas long as short
Bitget RAREUSDT+0.0100%4h0.01326−0.131%$234K$71K20xas long as short
Variational Omni RARElong+0.0100%4h0.01328long leg$1K$2K
Bybit RAREUSDT+0.0100%4h0.01327−0.093%$310K$90K25xas long as short
BloFin RARE-USDT+0.0126%4h0.01326−0.131%$105K$12K25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_RAREUSDshort+1.1807%1h0.01338+0.755%$3K$2K10x