Funding you earn now, next payment 08:00 UTC−0.0599%/8h= −65.6% APRnext payment −$5.99 per $10,000 · paid last 24h −0.229%
Price spread now: Variational Omni against Bybit−0.209%7-day average −0.046% · 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)−0.923%−$92 on $10k
+Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.209%, 7d avg −0.046%
=Together, before fees−0.928%+ Points / potential airdropVariational Omni: Active · farm board−$93 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Variational Omni is 0.163% cheaper against Bybit than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6440 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $2.2M | $696K | 50x |
| Short | Variational Omni KSM | 4.6343 | −0.0499 | pay 0.0499% / 8h | 7h 31m | $455K | $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
- −$125.89
- Price spread: −0.209% → −0.046%
- −$16.34
- 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
- −$153.23
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 42 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 | 26.4 bp −$26 | 148.8 bp −$1,488 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 42 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 | −0.0499% | 8h | 4.6343 | −0.209% | $455K | $40K | — | |
| Kraken Futures PF_KSMUSD | −0.0429% | 1h | 4.6460 | +0.043% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0044% | 4h | 4.6400 | −0.086% | $759K | $648K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6485 | +0.096% | $2.1M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6440 | long leg | $2.2M | $696K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6480 | +0.086% | $89K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6480 | +0.086% | $781K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6510 | +0.151% | $519K | $51K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6500 | +0.129% | $497K | $224K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6490 | +0.108% | — | $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 | 4.6461 | +0.045% | $80K | $443K | 5x | as long as short |
| BloFin KSM-USDT | +0.0109% | 8h | 4.6480 | +0.086% | $113K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT