Funding you earn now, next payment 08:00 UTC−0.0588%/8h= −64.4% APRnext payment −$5.88 per $10,000 · paid last 24h −0.229%
Price spread now: Variational Omni against Bybit+0.200%7-day average −0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.923%−$92 on $10k
+Price spread, last 3 days (all we have)−0.414%−$41 · spread now +0.200%, 7d avg −0.046%
=Together, before fees−1.337%+ Points / potential airdropVariational Omni: Active · farm board−$134 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.246% dearer against Bybit than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of −0.046%): +$25 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6340 | 0.0100 | pay 0.0100% / 8h | 7h 28m | $2.2M | $701K | 50x |
| Short | Variational Omni KSM | 4.6433 | −0.0488 | pay 0.0488% / 8h | 7h 28m | $456K | $40K | — |
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
- −$123.44
- Price spread: +0.200% → −0.046%
- $24.62
- 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
- −$109.82
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 45 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, 3 min ago | 4.31 bp | 26.8 bp −$27 | 142.3 bp −$1,423 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 45 min ago | 9.22 bp | doesn't fit | 89.0 bp −$890 | 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 KSMshort | −0.0488% | 8h | 4.6433 | +0.200% | $456K | $40K | — | |
| Kraken Futures PF_KSMUSD | −0.0429% | 1h | 4.6463 | +0.266% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0030% | 4h | 4.6370 | +0.065% | $761K | $656K | 20x | as long as short |
| BloFin KSM-USDT | +0.0074% | 8h | 4.6540 | +0.432% | $114K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6410 | +0.151% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6340 | long leg | $2.2M | $701K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6460 | +0.259% | $89K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6410 | +0.151% | $780K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6420 | +0.173% | $519K | $51K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6430 | +0.194% | $498K | $227K | 50x | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance 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 | 4.6390 | +0.108% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6429 | +0.193% | $80K | $443K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD