Funding you earn now, next payment 00:00 UTC+0.0663%/8h= +72.6% APRnext payment +$6.63 per $10,000 · paid last 24h +0.276%
Price spread now: Bybit against Variational Omni−0.063%7-day average +0.044% · 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)+0.859%+$86 on $10k
+Price spread, last 3 days (all we have)+0.342%+$34 · spread now −0.063%, 7d avg +0.044%
=Together, before fees+1.201%+ Points / potential airdropVariational Omni: Active · farm board+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.107% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.044%). If the spread goes back, that is −$11 on $10k: about 13 hours of funding at the current rate (+$20 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni KSM | 4.6099 | −0.0563 | get 0.0563% / 8h | 1h 17m | $452K | $40K | — |
| Short | Bybit KSMUSDT | 4.6070 | 0.0100 | get 0.0100% / 8h | 1h 17m | $2.2M | $719K | 50x |
Variational Omni KSM
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $139.18
- Price spread: −0.063% → +0.044%
- −$10.72
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $117.46
- Costs to cover
- 0.110%
- Break-even
- 1.1 days
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 5 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, 2 min ago | 8.14 bp | doesn't fit | 207.7 bp −$2,077 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 3.25 bp | 33.8 bp −$34 | 149.5 bp −$1,495 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSMlong | −0.0563% | 8h | 4.6099 | long leg | $452K | $40K | — | |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6205 | +0.229% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0094% | 4h | 4.6090 | −0.020% | $756K | $653K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6120 | +0.045% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6070 | −0.063% | $2.2M | $719K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6130 | +0.067% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6110 | +0.023% | $720K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6160 | +0.132% | $515K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6140 | +0.088% | $494K | $239K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6100 | +0.002% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Binance KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6107 | +0.016% | $77K | $260K | 5x | as long as short |
| BloFin KSM-USDT | +0.0105% | 8h | 4.6160 | +0.132% | $113K | $19K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT