Funding you earn now, next payment 03:00 UTC+0.0110%/8h= +12.1% APRpaid last 24h +0.053%
Price spread now: Variational Omni against Kraken Futures−0.238%7-day average −0.050% · 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)−0.066%−$7 on $10k
+Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.238%, 7d avg −0.050%
=Together, before fees+0.205%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.189% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.238% now, against its 7-day average of −0.050%). If the spread goes back, that is −$19 on $10k: about 5.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ETCUSD | 8.8350 | −0.0010 | get 0.0001% / 1h | 56m 23s | $1.9M | $704K | 50x |
| Short | Variational Omni ETC | 8.8140 | 0.0100 | get 0.0100% / 8h | 5h 56m | $124K | $3K | — |
Kraken Futures PF_ETCUSD
Variational Omni ETCFunding 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
- $23.12
- Price spread: −0.238% → −0.050%
- −$18.87
- 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
- −$5.75
- Costs to cover
- 0.100%
- Break-even
- 8.7 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; Variational Omni: RFQ quote, 8 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 Kraken Futures live order book, 2 min ago | 3.97 bp | 21.7 bp −$22 | 44.6 bp −$446 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 8 min ago | 3.83 bp | doesn't fit | 40.6 bp −$406 | doesn't fit | doesn't fit |
ETC on 21 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_ETCUSDlong | −0.0010% | 1h | 8.8350 | long leg | $1.9M | $704K | 50x | |
| dYdX ETC-USD | 0.0000% | 1h | 8.8280 | −0.079% | $9K | $46 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | 0.0000% | 1h | 8.8392 | +0.047% | $501 | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S −0.0006% | 1h | 8.8351 | 0.000% | — | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +0.453% | $34 | $102K | 5.5x | as long as short |
| Hyperliquid ETC | +0.0100% | 1h | 8.8501 | +0.171% | $2.5M | $590K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.8255 | −0.108% | $988K | $11K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.8370 | +0.022% | $26.5M | $68.6M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.8300 | −0.057% | $12.9M | $7.7M | 75x | as long as short |
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.8370 | +0.022% | $8.6M | $17.1M | 50x | as long as short |
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDT
OKX ETC-USDT-SWAPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | +0.0100% | 8h | 8.8400 | +0.056% | $3.6M | $2.5M | 60x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.8380 | +0.034% | $7.5M | $32.7M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.8370 | +0.022% | $2.9M | $663K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.8365 | +0.017% | $9.7M | $3.7M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.8350 | 0.000% | — | $706K | — | as long as short |
| Variational Omni ETCshort | +0.0100% | 8h | 8.8140 | −0.238% | $124K | $3K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.8350 | 0.000% | $167 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.8265 | −0.096% | $119K | $301K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.8300 | −0.057% | $2.0M | $2.7M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.8369 | +0.021% | $14K | $94K | 25x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.1048% | 1h | 8.9440 | +1.234% | $38K | $16K | 50x | as long as short |
Gate ETC_USDT
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
Coinbase International ETC-PERP-INTX