Funding you earn now, next payment 03:00 UTC−0.2615%/8h= −286.4% APRpaid last 24h −0.769%
Price spread now: Kraken Futures against Variational Omni+0.289%58s7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.289% dearer against Variational Omni than usual: you sell high and buy low (spread +0.289% now, against zero (this spread has no 7-day history yet)): +$29 on $10k if it goes back. Holding the pair costs −$78 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni T | 0.005202 | −0.0310 | get 0.0155% / 4h | 1h 41m | $8K | $9K | — |
| Short | Kraken Futures PF_TUSD | 0.005217 | −0.2926 | pay 0.0366% / 1h | 41m 23s | $2K | $2K | 10x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$549.22
- Price spread: +0.289% → 0.000%
- $28.94
- 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
- −$530.28
- 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| Leg | Half-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.
T on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TUSDshort | −0.2926% | 1h | 0.005217 | +0.289% | $2K | $2K | 10x | |
| Variational Omni Tlong | −0.0310% | 4h | 0.005202 | long leg | $8K | $9K | — | |
| KuCoin TUSDTM | −0.0266% | 4h | 0.005220 | +0.354% | $1.4M | $76K | 12x | as long as short |
| Gate T_USDT | −0.0240% | 4h | 0.005219 | +0.335% | $215K | $78K | 20x | as long as short |
| Bitget TUSDT | −0.0222% | 4h | 0.005222 | +0.392% | $893K | $502K | 50x | as long as short |
| Binance TUSDT | −0.0205% | 4h | 0.005221 | +0.373% | $3.3M | $7.4M | 50x | as long as short |
| MEXC T_USDT | −0.0204% | 4h | 0.005220 | +0.354% | $3.2M | $204K | 20x | as long as short |
| Bybit TUSDT | −0.0004% | 4h | 0.005226 | +0.469% | $1.6M | $1.5M | 25x | as long as short |
Variational Omni T
Kraken Futures PF_TUSD
KuCoin TUSDTM
Gate T_USDT
Bitget TUSDT
Binance TUSDT
MEXC T_USDT
Bybit TUSDT