Funding you earn now, next payment 00:00 UTC−0.0544%/8h= −59.5% APRpaid last 24h +0.253%
Price spread now: Variational Omni against Kraken Futures−0.804%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.804% cheaper against Kraken Futures than usual: you would sell low and buy high (−$80 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_STEEMUSD | 0.05775 | 0.0644 | pay 0.0080% / 1h | 2m 19s | $8K | $5K | 10x |
| Short | Variational Omni STEEM | 0.05728 | 0.0100 | get 0.0050% / 4h | 2m 19s | $12K | $147 | — |
Kraken Futures PF_STEEMUSD
Variational Omni STEEMFunding 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
- −$114.16
- Price spread: −0.804% → 0.000%
- −$80.35
- 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
- −$204.51
- 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.
STEEM 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 STEEM-USDT | +0.0070% | 4h | 0.05768 | −0.115% | — | $1.6M | — | as long as short |
| Aster STEEMUSDT | +0.0100% | 4h | 0.05773 | −0.029% | $16K | $10K | 5x | as long as short |
| Binance STEEMUSDT | +0.0100% | 4h | 0.05773 | −0.028% | $2.1M | $3.4M | 25x | as long as short |
| MEXC STEEM_USDT | +0.0100% | 4h | 0.05774 | −0.011% | $428K | $112K | 20x | as long as short |
| KuCoin STEEMUSDTM | +0.0100% | 4h | 0.05768 | −0.115% | $418K | $92K | 30x | as long as short |
| Bitget STEEMUSDT | +0.0100% | 4h | 0.05774 | −0.011% | $450K | $241K | 25x | as long as short |
| Variational Omni STEEMshort | +0.0100% | 4h | 0.05728 | −0.804% | $12K | $147 | — | |
| HTX STEEM-USDT | +0.0100% | 4h | 0.05752 | −0.392% | $40K | $32K | 20x | as long as short |
| Kraken Futures PF_STEEMUSDlong | +0.0644% | 1h | 0.05775 | long leg | $8K | $5K | 10x | |
| Gate STEEM_USDT | +0.1070% | 4h | 0.05769 | −0.097% | $288K | $121K | 20x | as long as short |
BingX STEEM-USDT
Aster STEEMUSDT
Binance STEEMUSDT
MEXC STEEM_USDT
KuCoin STEEMUSDTM
Bitget STEEMUSDT
HTX STEEM-USDT
Gate STEEM_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit STEEMUSDT | +0.1400% | 4h | 0.05753 | −0.375% | $1.3M | $982K | 13x | as long as short |
Bybit STEEMUSDT