XTZ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0259%/8h= −28.4% APRpaid last 24h −0.037%

Price spread now: Kraken Futures against Variational Omni+0.309%58s7-day average +0.008% · you sell dearer than you buy

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

Long on Variational Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.252%+$25 on $10k

Price spread, last 4 days (all we have)−0.255%−$26 · spread now +0.309%, 7d avg +0.008%

Together, before fees−0.003%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Kraken Futures is 0.301% dearer against Variational Omni than usual: you sell high and buy low (spread +0.309% now, against its 7-day average of +0.008%): +$30 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3.9 days. Mind the row above: over the last 3 days funding on this pair paid +0.252%, so the current rate has only just turned against you. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XTZ	0.3414	0.0100	pay 0.0050% / 4h	20m 28s	$86K	$331K	—
Short	Kraken Futures PF_XTZUSD	0.3425	−0.0159	pay 0.0020% / 1h	20m 28s	$283K	$251K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Variational Omni. 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 Variational OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.309%Rate

Funding earned: −$54.44
Price spread: +0.309% → +0.008%: $30.07
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$34.37
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 39 min ago; Kraken Futures: live order book, 37 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 Variational Omni RFQ quote, 39 min ago	8.83 bp	doesn't fit	126.5 bp −$1,265	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 37 min ago	14.66 bp	33.5 bp −$33	92.3 bp −$923	doesn't fit	doesn't fit

XTZ 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_XTZUSDshort	−0.0159%	1h	0.3425	+0.309%	$283K	$251K	50x
Injective XTZ/USDC PERP	+0.0033%	1h	0.3484	+2.039%	$62	$17K	5.5x	as long as short
Bitget XTZUSDT	+0.0042%	4h	0.3422	+0.224%	$923K	$938K	75x	as long as short
Binance XTZUSDT	+0.0100%	4h	0.3424	+0.290%	$4.7M	$9.7M	75x	as long as short
Bybit XTZUSDT	+0.0100%	4h	0.3422	+0.224%	$2.7M	$2.8M	75x	as long as short
OKX XTZ-USDT-SWAP	+0.0100%	8h	0.3424	+0.282%	$1.2M	$1.3M	20x	as long as short
Gate XTZ_USDT	+0.0100%	8h	0.3421	+0.194%	$634K	$168K	75x	as long as short
MEXC XTZ_USDT	+0.0100%	4h	0.3424	+0.282%	$2.1M	$662K	100x	as long as short
KuCoin XTZUSDTM	+0.0100%	4h	0.3421	+0.194%	$627K	$191K	30x	as long as short
BingX XTZ-USDT	+0.0100%	4h	0.3424	+0.282%	—	$1.1M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XTZlong	+0.0100%	4h	0.3414	long leg	$86K	$331K	—
BloFin XTZ-USDT	+0.0116%	4h	0.3413	−0.040%	$282K	$96K	75x	as long as short