Funding you earn now, next payment 08:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h −0.046%
Price spread now: Variational Omni against Kraken Futures+0.078%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.078% dearer against Kraken Futures than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.6390 | −0.0391 | get 0.0049% / 1h | 35m 58s | $37K | $994 | 20x |
| Short | Variational Omni KSM | 4.6426 | −0.0246 | pay 0.0246% / 8h | 35m 58s | $457K | $37K | — |
Kraken Futures PF_KSMUSD
Variational Omni KSMFunding 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
- $30.61
- Price spread: +0.078% → 0.000%
- $7.8
- 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
- $28.41
- Costs to cover
- 0.100%
- Break-even
- 0.5 days
Slippage unknown: Kraken Futures: no order-book sample; Variational Omni: RFQ quote, 3 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, 3 min ago | 4.87 bp | doesn't fit | 139.4 bp −$1,394 | 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.
KSM on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSDlong | −0.0391% | 1h | 4.6390 | long leg | $37K | $994 | 20x | |
| Variational Omni KSMshort | −0.0246% | 8h | 4.6426 | +0.078% | $457K | $37K | — | |
| OKX KSM-USDT-SWAP | +0.0055% | 4h | 4.6300 | −0.194% | $768K | $634K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6360 | −0.064% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6290 | −0.215% | $2.2M | $707K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6380 | −0.021% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6360 | −0.064% | $731K | $247K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6380 | −0.021% | $512K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6350 | −0.086% | $482K | $184K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6340 | −0.107% | — | $2.3M | — | as long as short |
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6336 | −0.115% | $79K | $463K | 5x | as long as short |
| BloFin KSM-USDT | +0.0126% | 8h | 4.6360 | −0.064% | $110K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT