Funding you earn now, next payment 05:00 UTC−0.0565%/8h= −61.9% APRpaid last 24h +0.080%
Price spread now: Variational Omni against Kraken Futures−0.206%7-day average +0.024% · 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)+1.102%+$110 on $10k
+Price spread, last 4 days (all we have)+1.137%+$114 · spread now −0.206%, 7d avg +0.024%
=Together, before fees+2.239%+ Points / potential airdropVariational Omni: Active · farm board+$224 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Variational Omni is 0.230% cheaper against Kraken Futures than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.024%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +1.102%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POPCATUSD | 0.05671 | 0.0507 | pay 0.0063% / 1h | 45m 35s | $151K | $145K | 20x |
| Short | Variational Omni POPCAT | 0.05660 | −0.0058 | pay 0.0029% / 4h | 3h 45m | $510K | $163K | — |
Kraken Futures PF_POPCATUSD
Variational Omni POPCATFunding 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
- −$118.7
- Price spread: −0.206% → +0.024%
- −$23
- 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
- −$151.69
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 7 min ago; Variational Omni: RFQ quote, 8 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 live order book, 7 min ago | 26.50 bp | 51.2 bp −$51 | 18462.9 bp −$184.6K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 8 min ago | 7.99 bp | doesn't fit | 84.3 bp −$843 | doesn't fit | doesn't fit |
POPCAT on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective POPCAT/USDC PERP | −0.4864% | 1h | 0.05579 | −1.625% | $3K | $2K | 5.5x | as long as short |
| Reya POPCATRUSDPERP | −0.0228% | 1h | 0.05668 | −0.059% | $1 | — | 10x | as long as short |
| Variational Omni POPCATshort | −0.0058% | 4h | 0.05660 | −0.206% | $510K | $163K | — | |
| Lighter POPCAT | +0.0096% | 1h | 0.05670 | −0.021% | $102K | $56K | 10x | as long as short |
| Binance POPCATUSDT | +0.0100% | 4h | 0.05676 | +0.085% | $2.5M | $7.1M | 50x | as long as short |
| Bybit POPCATUSDT | +0.0100% | 4h | 0.05663 | −0.144% | $8.9M | $6.5M | 50x | as long as short |
| OKX POPCAT-USDT-SWAP | +0.0100% | 4h | 0.05668 | −0.056% | $701K | $1.6M | 20x | as long as short |
| Gate POPCAT_USDT | +0.0100% | 4h | 0.05670 | −0.021% | $447K | $631K | 50x | as long as short |
| MEXC POPCAT_USDT | +0.0100% | 4h | 0.05675 | +0.067% | $1.8M | $970K | 200x | as long as short |
| KuCoin POPCATUSDTM | +0.0100% | 4h | 0.05673 | +0.032% | $1.1M | $979K | 50x | as long as short |
Injective POPCAT/USDC PERP
Reya POPCATRUSDPERP
Lighter POPCAT
Binance POPCATUSDT
Bybit POPCATUSDT
OKX POPCAT-USDT-SWAP
Gate POPCAT_USDT
MEXC POPCAT_USDT
KuCoin POPCATUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget POPCATUSDT | +0.0100% | 4h | 0.05670 | −0.021% | $1.2M | $938K | 50x | as long as short |
| BingX POPCAT-USDC | +0.0100% | 4h | 0.05668 | −0.056% | — | $1.6M | — | as long as short |
| GRVT POPCAT_USDT_Perp | +0.0100% | 4h | 0.05676 | +0.085% | $253K | $502K | 10x | as long as short |
| ApeX Omni POPCATUSDT | +0.0100% | 1h | 0.05670 | −0.021% | $22K | $654K | 25x | as long as short |
| Extended POPCAT-USD | +0.0104% | 1h | 0.05667 | −0.071% | $96K | $523K | 10x | as long as short |
| BloFin POPCAT-USDT | +0.0340% | 4h | 0.05671 | −0.003% | $127K | $329K | 50x | as long as short |
| Kraken Futures PF_POPCATUSDlong | +0.0507% | 1h | 0.05671 | long leg | $151K | $145K | 20x | |
| Hyperliquid POPCAT | +0.0598% | 1h | 0.05681 | +0.166% | $2.6M | $1.0M | 3x | as long as short |
Bitget POPCATUSDT
BingX POPCAT-USDC
GRVT POPCAT_USDT_Perp
ApeX Omni POPCATUSDT
Extended POPCAT-USD
BloFin POPCAT-USDT
Hyperliquid POPCAT