Funding you earn now, next payment 08:00 UTC−0.0526%/8h= −57.6% APRpaid last 24h −0.159%
Price spread now: Variational Omni against Kraken Futures−0.181%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 −$16 a day on $10k at the current rate, and Variational Omni is 0.181% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 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_ZRXUSD | 0.1188 | 0.0626 | pay 0.0078% / 1h | 35m 20s | $38K | $5K | 10x |
| Short | Variational Omni ZRX | 0.1186 | 0.0100 | get 0.0100% / 8h | 35m 20s | $22K | $13K | — |
Kraken Futures PF_ZRXUSD
Variational Omni ZRXFunding 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
- −$110.54
- Price spread: −0.181% → 0.000%
- −$18.09
- 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
- −$138.63
- 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.
ZRX 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin ZRX-USDT | +0.0095% | 4h | 0.1186 | −0.178% | $91K | $23K | 50x | as long as short |
| Binance ZRXUSDT | +0.0100% | 4h | 0.1185 | −0.221% | $1.7M | $1.4M | 50x | as long as short |
| Bybit ZRXUSDT | +0.0100% | 8h | 0.1187 | −0.111% | $1.4M | $340K | 25x | as long as short |
| OKX ZRX-USDT-SWAP | +0.0100% | 4h | 0.1186 | −0.195% | $520K | $363K | 20x | as long as short |
| Gate ZRX_USDT | +0.0100% | 8h | 0.1187 | −0.111% | $142K | $37K | 75x | as long as short |
| MEXC ZRX_USDT | +0.0100% | 4h | 0.1185 | −0.262% | $889K | $167K | 50x | as long as short |
| KuCoin ZRXUSDTM | +0.0100% | 4h | 0.1187 | −0.094% | $291K | $59K | 30x | as long as short |
| Bitget ZRXUSDT | +0.0100% | 4h | 0.1188 | −0.010% | $593K | $138K | 50x | as long as short |
| BingX ZRX-USDT | +0.0100% | 4h | 0.1185 | −0.262% | — | $2.3M | — | as long as short |
| Variational Omni ZRXshort | +0.0100% | 8h | 0.1186 | −0.181% | $22K | $13K | — |
BloFin ZRX-USDT
Binance ZRXUSDT
Bybit ZRXUSDT
OKX ZRX-USDT-SWAP
Gate ZRX_USDT
MEXC ZRX_USDT
KuCoin ZRXUSDTM
Bitget ZRXUSDT
BingX ZRX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZRXUSDlong | +0.0626% | 1h | 0.1188 | long leg | $38K | $5K | 10x |