Funding you earn now, next payment 08:00 UTC−0.0434%/8h= −47.5% APRnext payment −$4.34 per $10,000 · paid last 24h −0.229%
Price spread now: Variational Omni against Gate−0.407%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Variational Omni is 0.407% cheaper against Gate than usual: you would sell low and buy high (−$41 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KSM_USDT | 4.6250 | 0.0100 | pay 0.0100% / 8h | 5h 43m | $88K | $38K | 33x |
| Short | Variational Omni KSM | 4.6062 | −0.0334 | pay 0.0334% / 8h | 5h 43m | $454K | $38K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$91.07
- Price spread: −0.407% → 0.000%
- −$40.66
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$146.73
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; Variational Omni: RFQ quote, 21 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 Gate no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 21 min ago | 4.86 bp | doesn't fit | 94.9 bp −$949 | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0687% | 1h | 4.6350 | +0.216% | $37K | $1K | 20x | as long as short |
| Variational Omni KSMshort | −0.0334% | 8h | 4.6062 | −0.407% | $454K | $38K | — | |
| OKX KSM-USDT-SWAP | +0.0007% | 4h | 4.6190 | −0.130% | $755K | $661K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6276 | +0.056% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6200 | −0.108% | $2.2M | $674K | 50x | as long as short |
| Gate KSM_USDTlong | +0.0100% | 8h | 4.6250 | long leg | $88K | $38K | 33x | |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6290 | +0.086% | $753K | $247K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6240 | −0.022% | $517K | $50K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6260 | +0.022% | $493K | $226K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6230 | −0.043% | — | $2.4M | — | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6264 | +0.030% | $82K | $320K | 5x | as long as short |
| BloFin KSM-USDT | +0.0124% | 8h | 4.6120 | −0.281% | — | $18K | 50x | as long as short |
Gate KSM_USDT
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDT
Extended KSM-USD
BloFin KSM-USDT