Funding you earn now, next payment 08:00 UTC−0.0293%/8h= −32.1% APRnext payment −$2.93 per $10,000 · paid last 24h −0.229%
Price spread now: Variational Omni against Bybit−0.035%7-day average −0.051% · 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)−0.923%−$92 on $10k
+Price spread, last 4 days (all we have)−0.705%−$71 · spread now −0.035%, 7d avg −0.051%
=Together, before fees−1.628%+ Points / potential airdropVariational Omni: Active · farm board−$163 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6290 | 0.0100 | pay 0.0100% / 8h | 1m 54s | $2.2M | $676K | 50x |
| Short | Variational Omni KSM | 4.6274 | −0.0193 | pay 0.0193% / 8h | 1m 54s | $456K | $34K | — |
Bybit KSMUSDT
Variational Omni KSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Bybit. 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
- −$61.5
- Price spread: −0.035% → −0.051%
- $1.55
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$70.94
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 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 Bybit live order book, 5 min ago | 4.32 bp | 30.9 bp −$31 | 141.5 bp −$1,415 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 37 min ago | 4.87 bp | doesn't fit | 139.4 bp −$1,394 | 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 | −0.0392% | 1h | 4.6379 | +0.193% | $37K | $994 | 20x | as long as short |
| Variational Omni KSMshort | −0.0193% | 8h | 4.6274 | −0.035% | $456K | $34K | — | |
| BloFin KSM-USDT | +0.0082% | 8h | 4.6340 | +0.108% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6315 | +0.054% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6290 | long leg | $2.2M | $676K | 50x | |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6260 | −0.065% | $768K | $628K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6350 | +0.130% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6320 | +0.065% | $730K | $248K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6350 | +0.130% | $512K | $29K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6350 | +0.130% | $482K | $180K | 50x | as long as short |
Kraken Futures PF_KSMUSD
BloFin KSM-USDT
Binance KSMUSDT
OKX KSM-USDT-SWAP
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 | 4.6290 | 0.000% | — | $2.3M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6306 | +0.035% | $77K | $460K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD