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

T

all T markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.1817%/8h= +198.9% APRpaid last 24h +0.843%
Price spread now: Variational Omni against Kraken Futures+0.303%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 +$55 a day on $10k at the current rate, and Variational Omni is 0.303% dearer against Kraken Futures than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TUSD0.005177−0.1725get 0.0216% / 1h37m 36s$4K$4K10x
ShortVariational Omni T0.0051930.0092get 0.0046% / 4h2h 37m$7K$6K

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$381.51
Price spread: +0.303% → 0.000%
$30.34
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
$401.85
Costs to cover
0.100%
Break-even
from the start
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
LegHalf-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.

T on 8 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
Kraken Futures PF_TUSDlong−0.1725%1h0.005177long leg$4K$4K10x
Gate T_USDT−0.0384%4h0.005179+0.029%$211K$85K20xas long as short
Bitget TUSDT−0.0024%4h0.005165−0.241%$894K$544K50xas long as short
Binance TUSDT−0.0002%4h0.005177−0.009%$3.2M$7.0M50xas long as short
MEXC T_USDT0.0000%4h0.005173−0.087%$3.1M$226K20xas long as short
Variational Omni Tshort+0.0092%4h0.005193+0.303%$7K$6K
Bybit TUSDT+0.0100%4h0.005174−0.067%$1.5M$1.5M25xas long as short
KuCoin TUSDTM+0.0100%4h0.005171−0.125%$1.3M$85K12xas long as short