LSK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.4264%/8h= +466.9% APRnext payment +$5.33 per $10,000 · paid last 24h −0.063%

Price spread now: Variational Omni against Kraken Futures−0.439%7-day average +0.692% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+2.653%+$265 · spread now −0.439%, 7d avg +0.692%

Together, before fees+2.863%+ Points / potential airdropVariational Omni: Active · farm board+$286 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 1.131% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.439% now, against its 7-day average of +0.692%). If the spread goes back, that is −$113 on $10k: about 21 hours of funding at the current rate (+$128 a day). At the pace of the last 4 days (+0.210% in total) that is about 19 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.210% in total (about 21.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_LSKUSD	0.3425	−0.4778	get 0.0597% / 1h	17m 12s	$104K	$357K	10x
Short	Variational Omni LSK	0.3410	−0.0514	pay 0.0064% / 1h	17m 12s	$30K	$192K	—

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

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latest

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

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Variational OmnibpOrdersPrice spread, now −0.439%Rate

Funding earned: $895.38
Price spread: −0.439% → +0.692%: −$113.08
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: $772.29
Costs to cover: 0.100%
Break-even: 1.0 days

Slippage unknown: Kraken Futures: live order book, 21 min ago; Variational Omni: RFQ quote, 22 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, 21 min ago	31.50 bp	43.0 bp −$43	292.5 bp −$2,925	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 22 min ago	4.37 bp	doesn't fit	275.1 bp −$2,751	doesn't fit	doesn't fit

LSK on 10 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
Binance LSKUSDT	−0.5787%	1h	0.3425	+0.015%	$15.1M	$100.6M	50x	as long as short
MEXC LSK_USDT	−0.5784%	1h	0.3425	−0.005%	$8.7M	$2.4M	20x	as long as short
Gate LSK_USDT	−0.5232%	1h	0.3429	+0.123%	$1.4M	$2.7M	20x	as long as short
Aster LSKUSDT	−0.4833%	1h	0.3425	+0.007%	$50K	$183K	5x	as long as short
Kraken Futures PF_LSKUSDlong	−0.4778%	1h	0.3425	long leg	$104K	$357K	10x
HTX LSK-USDT	−0.3305%	1h	0.3416	−0.257%	$39K	$323K	20x	as long as short
Bybit LSKUSDT	−0.1595%	1h	0.3437	+0.357%	$9.0M	$21.4M	25x	as long as short
Bitget LSKUSDT	−0.0784%	1h	0.3421	−0.111%	$2.7M	$10.0M	50x	as long as short
BingX LSK-USDT	−0.0592%	1h	0.3448	+0.678%	—	$2.9M	—	as long as short
Variational Omni LSKshort	−0.0514%	1h	0.3410	−0.439%	$30K	$192K	—