Funding you earn now, next payment 03:00 UTC+0.0729%/8h= +79.8% APRpaid last 24h +0.519%
Price spread now: Kraken Futures against Variational Omni−0.035%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
Funding pays, the price is against you. Kraken Futures is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$22 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SYRUP | 0.2236 | 0.0100 | pay 0.0050% / 4h | 1h 40m | $161K | $37K | — |
| Short | Kraken Futures PF_SYRUPUSD | 0.2235 | 0.0829 | get 0.0104% / 1h | 40m 20s | $40K | $25K | 10x |
Variational Omni SYRUP
Kraken Futures PF_SYRUPUSDFunding 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
- $153.02
- Price spread: −0.035% → 0.000%
- −$3.52
- 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
- $139.5
- Costs to cover
- 0.100%
- Break-even
- 0.6 days
Slippage unknown: Variational Omni: RFQ quote, 24 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 24 min ago | 8.92 bp | doesn't fit | 258.6 bp −$2,586 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | 0.2240 | +0.165% | $207K | $218K | 5x | as long as short |
| Hyperliquid SYRUP | +0.0100% | 1h | 0.2241 | +0.210% | $5.6M | $1.8M | 3x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2237 | +0.034% | $14K | $66K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2235 | −0.032% | $9.2M | $7.0M | 25x | as long as short |
| Bybit SYRUPUSDT | +0.0100% | 4h | 0.2236 | +0.022% | $2.2M | $2.1M | 25x | as long as short |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2237 | +0.044% | $1.1M | $1.1M | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2235 | −0.032% | $413K | $69K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2236 | −0.001% | $2.9M | $422K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2242 | +0.286% | $1.9M | $151K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2238 | +0.089% | $700K | $498K | 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 | 0.2237 | +0.031% | — | $6.5M | — | as long as short |
| Variational Omni SYRUPlong | +0.0100% | 4h | 0.2236 | long leg | $161K | $37K | — | |
| BloFin SYRUP-USDT | +0.0108% | 4h | 0.2236 | +0.013% | $439K | $126K | 50x | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2237 | +0.028% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2237 | +0.036% | $3K | — | 50x | as long as short |
| Kraken Futures PF_SYRUPUSDshort | +0.0829% | 1h | 0.2235 | −0.035% | $40K | $25K | 10x |
BingX SYRUP-USDT
BloFin SYRUP-USDT
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]