Funding you earn now, next payment 08:00 UTC−0.0547%/8h= −59.9% APRnext payment −$5.47 per $10,000 · paid last 24h −0.209%
Price spread now: Variational Omni against Bitget−0.352%7-day average −0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.821%−$82 on $10k
+Price spread, last 3 days (all we have)−0.017%−$2 · spread now −0.352%, 7d avg −0.146%
=Together, before fees−0.838%+ Points / potential airdropVariational Omni: Active · farm board−$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Variational Omni is 0.206% cheaper against Bitget than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6010 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $492K | $230K | 50x |
| Short | Variational Omni KSM | 4.5848 | −0.0447 | pay 0.0447% / 8h | 6h 54m | $452K | $41K | — |
Bitget KSMUSDT
Variational Omni KSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bitget. 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
- −$114.92
- Price spread: −0.352% → −0.146%
- −$20.65
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$147.57
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 10 min ago; Variational Omni: RFQ quote, 14 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 Bitget live order book, 10 min ago | 6.44 bp | 14.2 bp −$14 | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 14 min ago | 8.09 bp | doesn't fit | 155.2 bp −$1,552 | doesn't fit | doesn't fit |
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_KSMUSD | −0.0656% | 1h | 4.6040 | +0.066% | $37K | $5K | 20x | as long as short |
| Variational Omni KSMshort | −0.0447% | 8h | 4.5848 | −0.352% | $452K | $41K | — | |
| OKX KSM-USDT-SWAP | −0.0092% | 4h | 4.5970 | −0.087% | $753K | $673K | 20x | as long as short |
| BloFin KSM-USDT | +0.0099% | 8h | 4.6000 | −0.022% | $112K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6004 | −0.012% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5940 | −0.152% | $2.2M | $701K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6070 | +0.130% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6000 | −0.022% | $750K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5970 | −0.087% | $514K | $49K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6010 | long leg | $492K | $230K | 50x |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6000 | −0.022% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.5990 | −0.044% | $79K | $320K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD