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 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
What this pair did over the last
the charts below follow
Funding, last 3 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
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni T0.005202−0.0310get 0.0155% / 4h1h 41m$8K$9K
ShortKraken Futures PF_TUSD0.005217−0.2926pay 0.0366% / 1h41m 23s$2K$2K10x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_TUSDshort−0.2926%1h0.005217+0.289%$2K$2K10x
Variational Omni Tlong−0.0310%4h0.005202long leg$8K$9K
KuCoin TUSDTM−0.0266%4h0.005220+0.354%$1.4M$76K12xas long as short
Gate T_USDT−0.0240%4h0.005219+0.335%$215K$78K20xas long as short
Bitget TUSDT−0.0222%4h0.005222+0.392%$893K$502K50xas long as short
Binance TUSDT−0.0205%4h0.005221+0.373%$3.3M$7.4M50xas long as short
MEXC T_USDT−0.0204%4h0.005220+0.354%$3.2M$204K20xas long as short
Bybit TUSDT−0.0004%4h0.005226+0.469%$1.6M$1.5M25xas long as short