Funding you earn now, next payment 08:00 UTC−0.1531%/8h= −167.7% APRpaid last 24h −0.399%
Price spread now: Variational Omni against Kraken Futures+0.136%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Variational Omni is 0.136% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SYRUPUSD | 0.2187 | 0.1631 | pay 0.0204% / 1h | 59m 42s | $40K | $21K | 10x |
| Short | Variational Omni SYRUP | 0.2190 | 0.0100 | get 0.0050% / 4h | 3h 59m | $156K | $24K | — |
Kraken Futures PF_SYRUPUSD
Variational Omni SYRUPFunding 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
- −$321.61
- Price spread: +0.136% → 0.000%
- $13.57
- 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
- −$318.05
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 39 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 39 min ago | 9.09 bp | doesn't fit | 149.9 bp −$1,499 | doesn't fit | doesn't fit |
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.
SYRUP on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SYRUP | +0.0096% | 1h | 0.2191 | +0.170% | $200K | $220K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2192 | +0.215% | $5.4M | $1.8M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2186 | −0.063% | $14K | $73K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2187 | −0.018% | $8.9M | $7.2M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2190 | +0.092% | $2.1M | $2.4M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2189 | +0.069% | $1.0M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2190 | +0.133% | $403K | $60K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2188 | +0.023% | $2.9M | $408K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2193 | +0.257% | $1.8M | $152K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2191 | +0.161% | $700K | $481K | 20x | as long as short |
Lighter SYRUP
Hyperliquid SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
Bybit SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2188 | +0.023% | — | $6.6M | — | as long as short |
| Variational Omni SYRUPshort | +0.0100% | 4h | 0.2190 | +0.136% | $156K | $24K | — | |
| BloFin SYRUP-USDT | +0.0131% | 4h | 0.2189 | +0.087% | $414K | $134K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2188 | +0.033% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0313% / S −0.1301% | 1h | 0.2189 | +0.075% | $2K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSDlong | +0.1631% | 1h | 0.2187 | long leg | $40K | $21K | 10x |
BingX SYRUP-USDT
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]