Funding you earn now, next payment 23:00 UTC−0.0774%/8h= −84.8% APRpaid last 24h −0.066%
Price spread now: Variational Omni against Kraken Futures−0.382%58s7-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 −$23 a day on $10k at the current rate, and Variational Omni is 0.382% cheaper against Kraken Futures than usual: you would sell low and buy high (−$38 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_GALAUSD | 0.002082 | 0.0874 | pay 0.0109% / 1h | 45m 22s | $656K | $153K | 25x |
| Short | Variational Omni GALA | 0.002074 | 0.0100 | get 0.0100% / 8h | 1h 45m | $25K | $17K | — |
Kraken Futures PF_GALAUSD
Variational Omni GALAFunding 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
- −$162.6
- Price spread: −0.382% → 0.000%
- −$38.24
- 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
- −$210.84
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 38 min ago; 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 live order book, 38 min ago | 14.27 bp | 50.4 bp −$50 | 137.2 bp −$1,372 | doesn't fit | doesn't fit |
| Sell Variational Omni no order-book sample | — | — | — | — | — |
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.
GALA on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective GALA/USDC PERP | +0.0033% | 1h | 0.002110 | +1.332% | $2K | $7K | 5.5x | as long as short |
| Hyperliquid GALA | +0.0100% | 1h | 0.002082 | −0.013% | $309K | $171K | 3x | as long as short |
| Aster GALAUSDT | +0.0100% | 8h | 0.002082 | +0.003% | $17K | $10K | 5x | as long as short |
| Binance GALAUSDT | +0.0100% | 8h | 0.002081 | −0.052% | $5.4M | $17.7M | 75x | as long as short |
| Bybit GALAUSDT | +0.0100% | 8h | 0.002080 | −0.109% | $6.0M | $6.5M | 75x | as long as short |
| OKX GALA-USDT-SWAP | +0.0100% | 8h | 0.002081 | −0.061% | $2.2M | $4.4M | 50x | as long as short |
| Gate GALA_USDT | +0.0100% | 8h | 0.002081 | −0.061% | $1.8M | $1.2M | 75x | as long as short |
| MEXC GALA_USDT | +0.0100% | 8h | 0.002082 | −0.013% | $5.7M | $3.4M | 125x | as long as short |
| KuCoin GALAUSDTM | +0.0100% | 8h | 0.002079 | −0.157% | $1.8M | $6.5M | 75x | as long as short |
| Bitget GALAUSDT | +0.0100% | 8h | 0.002080 | −0.109% | $2.1M | $1.2M | 75x | as long as short |
Injective GALA/USDC PERP
Hyperliquid GALA
Aster GALAUSDT
Binance GALAUSDT
Bybit GALAUSDT
OKX GALA-USDT-SWAP
Gate GALA_USDT
MEXC GALA_USDT
KuCoin GALAUSDTM
Bitget GALAUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GALA-USDT | +0.0100% | 8h | 0.002081 | −0.061% | — | $11.4M | — | as long as short |
| Variational Omni GALAshort | +0.0100% | 8h | 0.002074 | −0.382% | $25K | $17K | — | |
| BloFin GALA-USDT | +0.0100% | 8h | 0.002078 | −0.205% | $306K | $73K | 20x | as long as short |
| Extended GALA-USD | +0.0104% | 1h | 0.002081 | −0.061% | $3K | $156K | 5x | as long as short |
| Kraken Futures PF_GALAUSDlong | +0.0874% | 1h | 0.002082 | long leg | $656K | $153K | 25x |
BingX GALA-USDT
BloFin GALA-USDT
Extended GALA-USD