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

T

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Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.2764%/8h= +302.6% APRpaid last 24h +0.849%
Price spread now: Variational Omni against Kraken Futures−0.094%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 0.094% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3 hours of funding at the current rate (+$83 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_TUSD0.005190−0.2809get 0.0351% / 1h21m 49s$4K$4K10x
ShortVariational Omni T0.005185−0.0045pay 0.0023% / 4h3h 21m$7K$6K

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
$580.37
Price spread: −0.094% → 0.000%
−$9.39
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
$560.98
Costs to cover
0.100%
Break-even
0.2 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.

T on 8 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_TUSDlong−0.2809%1h0.005190long leg$4K$4K10x
Gate T_USDT−0.0316%4h0.005189−0.018%$213K$83K20xas long as short
Variational Omni Tshort−0.0045%4h0.005185−0.094%$7K$6K
Bitget TUSDT+0.0028%4h0.005182−0.153%$879K$494K50xas long as short
Binance TUSDT+0.0100%4h0.005191+0.021%$3.3M$6.9M50xas long as short
Bybit TUSDT+0.0100%4h0.005191+0.021%$1.5M$1.4M25xas long as short
MEXC T_USDT+0.0100%4h0.005184−0.114%$3.1M$223K20xas long as short
KuCoin TUSDTM+0.0100%4h0.005189−0.018%$1.3M$83K12xas long as short