Settings8H · net · $10k
Funding arb · Price arb /

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0175%/8h= +19.1% APRpaid last 24h −0.159%
Price spread now: Variational Omni against Kraken Futures−0.278%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.278% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.278% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 5.3 days of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_IDUSD0.03837−0.0075get 0.0009% / 1h16m 13s$4K$4K10x
ShortVariational Omni ID0.038260.0100get 0.0100% / 8h16m 13s$12K$20K

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$36.68
Price spread: −0.278% → 0.000%
−$27.84
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
−$1.16
Costs to cover
0.100%
Break-even
7.2 days
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
LegHalf-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.

ID on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_IDUSDlong−0.0075%1h0.03837long leg$4K$4K10x
Aster IDUSDT+0.0100%4h0.03842+0.122%$9K$2K5xas long as short
Binance IDUSDT+0.0100%4h0.03840+0.071%$2.4M$4.0M50xas long as short
Bybit IDUSDT+0.0100%8h0.03842+0.130%$1.5M$1.1M25xas long as short
Gate ID_USDT+0.0100%4h0.03839+0.052%$261K$225K25xas long as short
MEXC ID_USDT+0.0100%4h0.03840+0.078%$425K$218K20xas long as short
KuCoin IDUSDTM+0.0100%4h0.03843+0.156%$1.1M$74K30xas long as short
Variational Omni IDshort+0.0100%8h0.03826−0.278%$12K$20K
BloFin ID-USDT+0.0109%4h0.03842+0.130%$157K$16K50xas long as short
BingX ID-USDT+0.0550%4h0.03840+0.078%$2.3Mas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget IDUSDT+0.0588%4h0.03844+0.182%$1.0M$844K50xas long as short