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

AR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1612%/8h= +176.6% APRpaid last 24h +0.341%
Price spread now: Variational Omni against Kraken Futures−0.242%7-day average −0.223% · 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)+0.166%+$17 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now −0.242%, 7d avg −0.223%
Together, before fees+0.005%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.223%, so right now this pair is about funding alone: +$48 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.166% in total (about 16.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_ARUSD4.2907−0.1512get 0.0189% / 1h14m 16s$53K$135K20x
ShortVariational Omni AR4.28030.0100get 0.0100% / 8h14m 16s$245K$514K

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
$338.62
Price spread: −0.242% → −0.223%
−$1.91
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
$326.71
Costs to cover
0.100%
Break-even
0.2 days
Slippage unknown: Kraken Futures: live order book, 23 min ago; Variational Omni: RFQ quote, 25 min ago. 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 live order book, 23 min ago38.76 bp43.8 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 25 min ago3.89 bpdoesn't fit74.2 bp −$742doesn't fitdoesn't fit

AR on 17 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_ARUSDlong−0.1512%1h4.2907long leg$53K$135K20x
GMX AR/USD [WBTC.b-USDC]L −0.0140% / S +0.0550%1h4.2844−0.147%$550K50xas long as short
Injective AR/USDC PERP+0.0033%1h4.4240+3.106%$2K$5K5.5xas long as short
Aster ARUSDT+0.0100%8h4.2880−0.063%$32K$283K10xas long as short
Binance ARUSDT+0.0100%8h4.2906−0.003%$8.5M$45.8M75xas long as short
Bybit ARUSDT+0.0100%8h4.2915+0.018%$4.4M$8.4M75xas long as short
OKX AR-USDT-SWAP+0.0100%8h4.2920+0.030%$2.2M$15.1M20xas long as short
Gate AR_USDT+0.0100%8h4.2830−0.180%$2.0M$3.2M50xas long as short
MEXC AR_USDT+0.0100%8h4.2900−0.017%$6.0M$4.0M100xas long as short
KuCoin ARUSDTM+0.0100%8h4.2850−0.133%$1.1M$1.2M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ARUSDT+0.0100%8h4.2890−0.040%$3.7M$5.0M75xas long as short
BingX AR-USDT+0.0100%8h4.2880−0.063%$2.7Mas long as short
Variational Omni ARshort+0.0100%8h4.2803−0.242%$245K$514K
ApeX Omni ARUSDT+0.0100%1h4.2830−0.180%$20K$710K50xas long as short
Extended AR-USD+0.0104%1h4.2910+0.006%$39K$239K10xas long as short
BloFin AR-USDT+0.0220%8h4.2890−0.040%$414K$445K20xas long as short
Hyperliquid AR+0.0377%1h4.2967+0.139%$3.9M$4.6M5xas long as short