Funding you earn now, next payment 11:00 UTC−0.0746%/8h= −81.7% APRpaid last 24h +0.981%
Price spread now: Variational Omni against Kraken Futures−0.139%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 −$22 a day on $10k at the current rate, and Variational Omni is 0.139% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 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_SOONUSD | 0.1933 | 0.1132 | pay 0.0141% / 1h | 5m 38s | $11K | $2K | 10x |
| Short | Variational Omni SOON | 0.1930 | 0.0386 | get 0.0193% / 4h | 1h 05m | $239K | $20K | — |
Kraken Futures PF_SOONUSD
Variational Omni SOONFunding 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
- −$156.67
- Price spread: −0.139% → 0.000%
- −$13.85
- 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
- −$180.53
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 41 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 no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 41 min ago | 12.92 bp | doesn't fit | 400.4 bp −$4,004 | doesn't fit | doesn't fit |
Kraken Futures: 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.
SOON on 11 exchanges
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 SOONUSDT | +0.0100% | 4h | 0.1938 | +0.252% | $7.9M | $1.9M | 50x | as long as short |
| OKX SOON-USDT-SWAP | +0.0100% | 4h | 0.1937 | +0.224% | $1.9M | $538K | 20x | as long as short |
| KuCoin SOONUSDTM | +0.0100% | 4h | 0.1936 | +0.167% | $1.8M | $3.7M | 50x | as long as short |
| Extended SOON-USD | +0.0104% | 1h | 0.1937 | +0.213% | $7K | $179K | 5x | as long as short |
| Bybit SOONUSDT | +0.0107% | 4h | 0.1928 | −0.241% | $2.6M | $1.2M | 25x | as long as short |
| Variational Omni SOONshort | +0.0386% | 4h | 0.1930 | −0.139% | $239K | $20K | — | |
| Gate SOON_USDT | +0.0526% | 4h | 0.1933 | +0.017% | $3.2M | $163K | 50x | as long as short |
| Aster SOONUSDT | +0.0673% | 4h | 0.1936 | +0.161% | $189K | $4K | 5x | as long as short |
| BingX SOON-USDT | +0.0716% | 4h | 0.1934 | +0.069% | — | $6.7M | — | as long as short |
| Bitget SOONUSDT | +0.0732% | 4h | 0.1935 | +0.121% | $9.1M | $340K | 25x | as long as short |
Binance SOONUSDT
OKX SOON-USDT-SWAP
KuCoin SOONUSDTM
Extended SOON-USD
Bybit SOONUSDT
Gate SOON_USDT
Aster SOONUSDT
BingX SOON-USDT
Bitget SOONUSDTShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SOONUSDlong | +0.1132% | 1h | 0.1933 | long leg | $11K | $2K | 10x |