Funding you earn now, next payment 07:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h +0.081%
Price spread now: Variational Omni against Kraken Futures−0.003%7-day average +0.019% · 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)+1.090%+$109 on $10k
+Price spread, last 4 days (all we have)+0.731%+$73 · spread now −0.003%, 7d avg +0.019%
=Together, before fees+1.821%+ Points / potential airdropVariational Omni: Active · farm board+$182 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.022% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.019%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +1.090%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POPCATUSD | 0.05770 | 0.0390 | pay 0.0049% / 1h | 14m 22s | $152K | $158K | 20x |
| Short | Variational Omni POPCAT | 0.05770 | 0.0038 | get 0.0019% / 4h | 1h 14m | $496K | $180K | — |
Kraken Futures PF_POPCATUSD
Variational Omni POPCATFunding 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
- −$74.05
- Price spread: −0.003% → +0.019%
- −$2.25
- 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
- −$86.3
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 28 min ago; Variational Omni: RFQ quote, 30 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, 28 min ago | 25.32 bp | 50.4 bp −$50 | 19042.3 bp −$190.4K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 30 min ago | 7.01 bp | doesn't fit | 82.3 bp −$823 | doesn't fit | doesn't fit |
POPCAT on 18 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 POPCAT/USDC PERP | −0.4288% | 1h | 0.05642 | −2.221% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05782 | +0.205% | $1 | — | 10x | as long as short |
| Variational Omni POPCATshort | +0.0038% | 4h | 0.05770 | −0.003% | $496K | $180K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05780 | +0.170% | $103K | $59K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05790 | +0.349% | $2.6M | $7.9M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05776 | +0.101% | $9.2M | $7.4M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05779 | +0.153% | $704K | $1.7M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05789 | +0.326% | $447K | $576K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05786 | +0.274% | $1.9M | $1.0M | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05793 | +0.396% | $1.2M | $1.0M | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05787 | +0.292% | $1.2M | $1.0M | 50x | as long as short |
| BingX POPCAT-USDT | +0.0100% | 4h | 0.05780 | +0.170% | — | $6.8M | — | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05770 | −0.003% | $23K | $658K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05782 | +0.202% | $94K | $381K | 10x | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0232% | 4h | 0.05777 | +0.119% | $263K | $517K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05791 | +0.361% | $133K | $361K | 50x | as long as short |
| Hyperliquid POPCAT | +0.0366% | 1h | 0.05786 | +0.272% | $2.7M | $1.4M | 3x | as long as short |
| Kraken Futures PF_POPCATUSDlong | +0.0390% | 1h | 0.05770 | long leg | $152K | $158K | 20x |
Bitget POPCATUSDT
BingX POPCAT-USDT
ApeX Omni POPCATUSDT
Extended POPCAT-USD
GRVT POPCAT_USDT_Perp
BloFin POPCAT-USDT
Hyperliquid POPCAT