Funding you earn now, next payment 08:00 UTC−0.0323%/8h= −35.4% APRnext payment −$3.23 per $10,000 · paid last 24h −0.220%
Price spread now: Variational Omni against BloFin−0.213%7-day average −0.130% · 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)−0.880%−$88 on $10k
+Price spread, last 4 days (all we have)+0.632%+$63 · spread now −0.213%, 7d avg −0.130%
=Together, before fees−0.248%+ Points / potential airdropVariational Omni: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.130%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KSM-USDT | 4.6420 | 0.0072 | pay 0.0072% / 8h | 5h 14m | $113K | $18K | 50x |
| Short | Variational Omni KSM | 4.6321 | −0.0251 | pay 0.0251% / 8h | 5h 14m | $455K | $38K | — |
BloFin KSM-USDT
Variational Omni KSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$67.91
- Price spread: −0.213% → −0.130%
- −$8.33
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$88.24
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 16 min ago; Variational Omni: RFQ quote, 49 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 BloFin live order book, 16 min ago | 2.16 bp | 14.1 bp −$14 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 49 min ago | 4.86 bp | doesn't fit | 94.9 bp −$949 | 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 | −0.0686% | 1h | 4.6388 | −0.070% | $37K | $1K | 20x | as long as short |
| Variational Omni KSMshort | −0.0251% | 8h | 4.6321 | −0.213% | $455K | $38K | — | |
| BloFin KSM-USDTlong | +0.0072% | 8h | 4.6420 | long leg | $113K | $18K | 50x | |
| OKX KSM-USDT-SWAP | +0.0085% | 4h | 4.6320 | −0.215% | $755K | $658K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6350 | −0.151% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6310 | −0.237% | $2.2M | $674K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6360 | −0.129% | $86K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6340 | −0.172% | $760K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6390 | −0.065% | $519K | $50K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6370 | −0.108% | $494K | $224K | 50x | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6350 | −0.151% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6338 | −0.177% | $82K | $315K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD