Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRpaid last 24h −0.130%
Price spread now: Variational Omni against Kraken Futures−0.119%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
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.119% cheaper against Kraken Futures than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ALTUSD | 0.007635 | 0.0313 | pay 0.0039% / 1h | 15m 43s | $45K | $8K | 10x |
| Short | Variational Omni ALT | 0.007626 | 0.0100 | get 0.0050% / 4h | 15m 43s | $4K | $16K | — |
Kraken Futures PF_ALTUSD
Variational Omni ALTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$44.76
- Price spread: −0.119% → 0.000%
- −$11.92
- 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
- −$66.68
- Costs to cover
- 0.100%
- Break-even
- never at this rate
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| Leg | Half-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.
ALT on 14 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 ALT_USDC-PERPETUAL | +0.0012% | 1h | 0.007637 | +0.029% | — | $0 | 25x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007631 | −0.049% | $1.1M | $187K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007633 | −0.026% | $2.7M | $3.8M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007629 | −0.076% | $1.2M | $1.9M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007639 | +0.055% | $52K | $415K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007635 | +0.003% | $386K | $187K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007644 | +0.121% | $152K | $21K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007620 | −0.193% | $599K | $113K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007642 | +0.095% | — | $1.3M | — | as long as short |
| Variational Omni ALTshort | +0.0100% | 4h | 0.007626 | −0.119% | $4K | $16K | — |
Deribit ALT_USDC-PERPETUAL
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDT
BingX ALT-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin ALT-USDT | +0.0154% | 4h | 0.007617 | −0.233% | $173K | $10K | 50x | as long as short |
| Kraken Futures PF_ALTUSDlong | +0.0313% | 1h | 0.007635 | long leg | $45K | $8K | 10x | |
| Coinbase International ALT-PERP-INTX | +0.0456% | 1h | 0.007650 | +0.200% | $14K | $3K | 50x | as long as short |
| Injective ALT/USDC PERP | +0.5000% | 1h | 0.007691 | +0.737% | $837 | $4K | 5.5x | as long as short |
BloFin ALT-USDT
Coinbase International ALT-PERP-INTX
Injective ALT/USDC PERP