Funding arb · Price arb /

MUBARAK

all MUBARAK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1302%/8h= +142.5% APRpaid last 24h +0.008%

Price spread now: Variational Omni against Kraken Futures−1.084%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Variational Omni

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 days—no 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 1.084% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −1.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$108 on $10k: about 2.8 days of funding at the current rate (+$39 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MUBARAKUSD	0.06016	−0.1202	get 0.0150% / 1h	59m 42s	$81K	$705K	10x
Short	Variational Omni MUBARAK	0.05951	0.0100	get 0.0050% / 4h	59m 42s	$14K	$68K	—

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

Position, each leg$Hold fordaysFee Kraken FuturesbpFee Variational OmnibpOrdersPrice spread, now −1.084%Rate

Funding earned: $273.35
Price spread: −1.084% → 0.000%: −$108.38
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: $154.98
Costs to cover: 0.100%
Break-even: 3.0 days

Slippage unknown: Kraken Futures: live order book, 43 min ago; 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 live order book, 43 min ago	54.49 bp	85.5 bp −$85	8572.0 bp −$85.7K	doesn't fit	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

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.

MUBARAK 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
Kraken Futures PF_MUBARAKUSDlong	−0.1202%	1h	0.06016	long leg	$81K	$705K	10x
OKX MUBARAK-USDT-SWAP	+0.0100%	4h	0.05999	−0.281%	$4.9M	$123.6M	20x	as long as short
Variational Omni MUBARAKshort	+0.0100%	4h	0.05951	−1.084%	$14K	$68K	—
Bitget MUBARAKUSDT	+0.0244%	4h	0.06019	+0.051%	$4.3M	$17.8M	25x	as long as short
Bybit MUBARAKUSDT	+0.0500%	4h	0.06010	−0.102%	$6.2M	$26.0M	25x	as long as short
BingX MUBARAK-USDT	+0.0582%	4h	0.06033	+0.284%	—	$4.3M	—	as long as short
Aster MUBARAKUSDT	+0.0621%	4h	0.05993	−0.381%	$21K	$841K	5x	as long as short
MEXC MUBARAK_USDT	+0.0626%	4h	0.06033	+0.284%	$2.0M	$2.4M	50x	as long as short
Binance MUBARAKUSDT	+0.0671%	4h	0.06002	−0.231%	$27.0M	$195.6M	25x	as long as short
KuCoin MUBARAKUSDTM	+0.1522%	4h	0.06028	+0.201%	$3.3M	$3.0M	30x	as long as short

Show all 11 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MUBARAK_USDT	+0.2282%	4h	0.06047	+0.517%	$10.5M	$11.7M	50x	as long as short