Funding you earn now, next payment 09:00 UTC−0.0030%/8h= −3.3% APRpaid last 24h −0.042%
Price spread now: Kraken Futures against Variational Omni+0.215%7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.843%−$84 · spread now +0.215%, 7d avg +0.046%
=Together, before fees−0.800%+ Points / potential airdropVariational Omni: Active · farm board−$80 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.168% dearer against Variational Omni than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.046%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ETC | 8.6996 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $122K | $5K | — |
| Short | Kraken Futures PF_ETCUSD | 8.7182 | 0.0070 | get 0.0009% / 1h | 27m 22s | $1.9M | $720K | 50x |
Variational Omni ETC
Kraken Futures PF_ETCUSDFunding 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
- −$6.29
- Price spread: +0.215% → +0.046%
- $16.83
- 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
- $0.53
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 7 min ago; Kraken Futures: live order book, 1 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 RFQ quote, 7 min ago | 3.28 bp | doesn't fit | 53.6 bp −$536 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 7.46 bp | 23.4 bp −$23 | 49.5 bp −$495 | doesn't fit | doesn't fit |
ETC on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate ETC_USDT | −0.0185% | 8h | 8.7140 | +0.166% | $3.4M | $2.9M | 60x | as long as short |
| dYdX ETC-USD | 0.0000% | 1h | 8.7173 | +0.204% | $9K | $25 | 10x | as long as short |
| Deribit ETC_USDC-PERPETUAL | +0.0002% | 1h | 8.7170 | +0.200% | — | — | 50x | as long as short |
| gTrade (Gains Network) ETC/USD | L +0.0006% / S 0.0000% | 1h | 8.7009 | +0.015% | $195 | — | 150x | as long as short |
| Injective ETC/USDC PERP | +0.0033% | 1h | 8.8750 | +2.017% | $34 | $102K | 5.5x | as long as short |
| Kraken Futures PF_ETCUSDshort | +0.0070% | 1h | 8.7182 | +0.215% | $1.9M | $720K | 50x | |
| Hyperliquid ETC | +0.0100% | 1h | 8.7226 | +0.265% | $2.5M | $617K | 5x | as long as short |
| Aster ETCUSDT | +0.0100% | 8h | 8.7170 | +0.201% | $975K | $8K | 10x | as long as short |
| Binance ETCUSDT | +0.0100% | 8h | 8.7197 | +0.231% | $26.4M | $71.8M | 75x | as long as short |
| Bybit ETCUSDT | +0.0100% | 8h | 8.7100 | +0.120% | $13.0M | $9.0M | 75x | as long as short |
Gate ETC_USDT
dYdX ETC-USD
Deribit ETC_USDC-PERPETUAL
gTrade (Gains Network) ETC/USD
Injective ETC/USDC PERP
Hyperliquid ETC
Aster ETCUSDT
Binance ETCUSDT
Bybit ETCUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ETC-USDT-SWAP | +0.0100% | 8h | 8.7160 | +0.189% | $8.5M | $17.5M | 50x | as long as short |
| MEXC ETC_USDT | +0.0100% | 8h | 8.7130 | +0.154% | $6.8M | $33.1M | 200x | as long as short |
| KuCoin ETCUSDTM | +0.0100% | 8h | 8.7170 | +0.200% | $2.8M | $736K | 50x | as long as short |
| Bitget ETCUSDT | +0.0100% | 8h | 8.7129 | +0.153% | $9.6M | $4.0M | 75x | as long as short |
| BingX ETC-USDC | +0.0100% | 8h | 8.7160 | +0.189% | — | $707K | — | as long as short |
| Variational Omni ETClong | +0.0100% | 8h | 8.6996 | long leg | $122K | $5K | — | |
| SoDEX ETC-USD | +0.0100% | 1h | 8.7050 | +0.062% | $216 | $5K | 5x | as long as short |
| HTX ETC-USDT | +0.0100% | 8h | 8.7148 | +0.175% | $118K | $310K | 75x | as long as short |
| Phemex ETCUSDT | +0.0100% | 8h | 8.7110 | +0.131% | $1.9M | $2.8M | 50x | as long as short |
| Extended ETC-USD | +0.0104% | 1h | 8.7135 | +0.161% | $4K | $218K | 25x | as long as short |
| BloFin ETC-USDT | +0.0400% | 8h | 8.7100 | +0.120% | $1.4M | $295K | 50x | as long as short |
| Coinbase International ETC-PERP-INTX | +0.0504% | 1h | 8.7750 | +0.867% | $33K | $15K | 50x | as long as short |
OKX ETC-USDT-SWAP
MEXC ETC_USDT
KuCoin ETCUSDTM
Bitget ETCUSDT
BingX ETC-USDC
SoDEX ETC-USD
HTX ETC-USDT
Phemex ETCUSDT
Extended ETC-USD
BloFin ETC-USDT
Coinbase International ETC-PERP-INTX