Funding you earn now, next payment 08:00 UTC+0.0512%/8h= +56.1% APRnext payment +$5.12 per $10,000 · paid last 24h +0.220%
Price spread now: BloFin against Variational Omni+0.017%86s7-day average +0.125% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.880%+$88 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now +0.017%, 7d avg +0.125%
=Together, before fees+0.915%+ Points / potential airdropVariational Omni: Active · farm board+$91 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.108% cheaper against Variational Omni than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.125%). If the spread goes back, that is −$11 on $10k: about 17 hours of funding at the current rate (+$15 a day). The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni KSM | 4.6032 | −0.0391 | get 0.0391% / 8h | 1h 49m | $452K | $38K | — |
| Short | BloFin KSM-USDT | 4.6040 | 0.0121 | get 0.0121% / 8h | 1h 49m | $110K | $18K | 50x |
Variational Omni KSM
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $107.62
- Price spread: +0.017% → +0.125%
- −$10.83
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $84.79
- Costs to cover
- 0.120%
- Break-even
- 1.5 days
Slippage unknown: Variational Omni: RFQ quote, 59 min ago; BloFin: live order book, 16 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, 59 min ago | 7.05 bp | doesn't fit | 205.6 bp −$2,056 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 2.17 bp | 25.3 bp −$25 | 62.6 bp −$626 | 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 | −0.0702% | 1h | 4.6200 | +0.364% | $37K | $1K | 20x | as long as short |
| Variational Omni KSMlong | −0.0391% | 8h | 4.6032 | long leg | $452K | $38K | — | |
| OKX KSM-USDT-SWAP | −0.0280% | 4h | 4.6090 | +0.125% | $765K | $651K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6146 | +0.246% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6130 | +0.212% | $2.2M | $718K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6100 | +0.147% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6140 | +0.234% | $730K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6120 | +0.190% | $509K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6130 | +0.212% | $481K | $200K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6130 | +0.212% | — | $2.4M | — | 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 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 | 4.6128 | +0.208% | $77K | $420K | 5x | as long as short |
| BloFin KSM-USDTshort | +0.0121% | 8h | 4.6040 | +0.017% | $110K | $18K | 50x |
Extended KSM-USD