Funding you earn now, next payment 09:00 UTC−0.0283%/8h= −31.0% APRpaid last 24h −0.066%
Price spread now: Variational Omni against Kraken Futures−0.191%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 −$8 a day on $10k at the current rate, and Variational Omni is 0.191% cheaper against Kraken Futures than usual: you would sell low and buy high (−$19 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_ALTUSD | 0.007483 | 0.0383 | pay 0.0048% / 1h | 27m 05s | $44K | $8K | 10x |
| Short | Variational Omni ALT | 0.007469 | 0.0100 | get 0.0050% / 4h | 3h 27m | $4K | $14K | — |
Kraken Futures PF_ALTUSD
Variational Omni ALTFunding 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
- −$59.49
- Price spread: −0.191% → 0.000%
- −$19.07
- 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
- −$88.57
- 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit ALT_USDC-PERPETUAL | 0.0000% | 1h | 0.007482 | −0.014% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERP | +0.0033% | 1h | 0.007691 | +2.779% | $837 | $22 | 5.5x | as long as short |
| BloFin ALT-USDT | +0.0094% | 4h | 0.007474 | −0.121% | $168K | $8K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007479 | −0.054% | $1.1M | $132K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007482 | −0.014% | $2.6M | $3.5M | 50x | as long as short |
| Bybit ALTUSDT | +0.0100% | 4h | 0.007473 | −0.134% | $1.2M | $1.7M | 25x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007480 | −0.041% | $50K | $378K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007484 | +0.013% | $363K | $169K | 50x | as long as short |
| KuCoin ALTUSDTM | +0.0100% | 4h | 0.007485 | +0.026% | $144K | $20K | 30x | as long as short |
| Bitget ALTUSDT | +0.0100% | 4h | 0.007474 | −0.121% | $597K | $147K | 50x | as long as short |
Deribit ALT_USDC-PERPETUAL
Injective ALT/USDC PERP
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Bybit ALTUSDT
Gate ALT_USDT
MEXC ALT_USDT
KuCoin ALTUSDTM
Bitget ALTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX ALT-USDT | +0.0100% | 4h | 0.007480 | −0.041% | — | $1.3M | — | as long as short |
| Variational Omni ALTshort | +0.0100% | 4h | 0.007469 | −0.191% | $4K | $14K | — | |
| Kraken Futures PF_ALTUSDlong | +0.0383% | 1h | 0.007483 | long leg | $44K | $8K | 10x | |
| Coinbase International ALT-PERP-INTX | +0.0576% | 1h | 0.007524 | +0.547% | $13K | $2K | 50x | as long as short |
BingX ALT-USDT
Coinbase International ALT-PERP-INTX