Funding you earn now, next payment 06:00 UTC−0.2910%/8h= −318.6% APRpaid last 24h −2.096%
Price spread now: Variational Omni against Kraken Futures−0.417%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$87 a day on $10k at the current rate, and Variational Omni is 0.417% cheaper against Kraken Futures than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NMRUSD | 9.5065 | 0.3010 | pay 0.0376% / 1h | 12m 34s | $27K | $15K | 10x |
| Short | Variational Omni NMR | 9.4669 | 0.0100 | get 0.0050% / 4h | 2h 12m | $2K | $463 | — |
Kraken Futures PF_NMRUSD
Variational Omni NMRFunding 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
- −$611.05
- Price spread: −0.417% → 0.000%
- −$41.66
- 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
- −$662.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
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| Leg | Half-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.
NMR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.4909 | −0.165% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4900 | −0.174% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4860 | −0.216% | $618K | $215K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4780 | −0.300% | $432K | $395K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4760 | −0.321% | $228K | $65K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4900 | −0.174% | $5.0M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4813 | −0.266% | $281K | $34K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4900 | −0.174% | $868K | $132K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4780 | −0.300% | — | $2.4M | — | as long as short |
| Variational Omni NMRshort | +0.0100% | 4h | 9.4669 | −0.417% | $2K | $463 | — |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDlong | +0.3010% | 1h | 9.5065 | long leg | $27K | $15K | 10x |