Funding you earn now, next payment 03:00 UTC+0.1605%/8h= +175.7% APRpaid last 24h +0.061%
Price spread now: Kraken Futures against Variational Omni+1.027%7-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
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Kraken Futures is 1.027% dearer against Variational Omni than usual: you sell high and buy low: +$103 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni W | 0.01180 | 0.0100 | pay 0.0050% / 4h | 1h 41m | $71K | $41K | — |
| Short | Kraken Futures PF_WUSD | 0.01192 | 0.1705 | get 0.0213% / 1h | 41m 31s | $148K | $180K | 20x |
Variational Omni W
Kraken Futures PF_WUSDFunding 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
- $337.01
- Price spread: +1.027% → 0.000%
- $102.7
- 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
- $429.72
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: no order-book sample; Kraken Futures: live order book, 21 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 21 min ago | 22.40 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
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.
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0423% | 1h | 0.01188 | +0.712% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +2.458% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01187 | +0.594% | $2.0M | $383K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01186 | +0.534% | $3.0M | $6.6M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01186 | +0.534% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01186 | +0.475% | $1.3M | $1.9M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01187 | +0.602% | $448K | $251K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01186 | +0.534% | $12.8M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01187 | +0.594% | $388K | $211K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01187 | +0.594% | $1.3M | $567K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01187 | +0.594% | — | $6.8M | — | as long as short |
| Variational Omni Wlong | +0.0100% | 4h | 0.01180 | long leg | $71K | $41K | — | |
| GRVT W_USDT_Perp | +0.0100% | 4h | 0.01188 | +0.679% | $127K | $404K | 10x | as long as short |
| Extended W-USD | +0.0104% | 1h | 0.01186 | +0.509% | $61K | $238K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0312% | 1h | 0.01190 | +0.831% | $14K | $15K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.0433% | 1h | 0.01191 | +0.950% | $44K | $46K | 15x | as long as short |
| Kraken Futures PF_WUSDshort | +0.1705% | 1h | 0.01192 | +1.027% | $148K | $180K | 20x |
BingX W-USDT
GRVT W_USDT_Perp
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP