Funding you earn now, next payment 07:00 UTC−0.0503%/8h= −55.0% APRpaid last 24h −0.222%
Price spread now: Variational Omni against Extended+0.034%7-day average −0.111% · 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)−0.881%−$88 on $10k
+Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.034%, 7d avg −0.111%
=Together, before fees−1.198%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$120 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.145% dearer against Extended than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of −0.111%): +$15 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6166 | 0.0104 | pay 0.0013% / 1h | 55m 03s | $77K | $420K | 5x |
| Short | Variational Omni KSM | 4.6182 | −0.0399 | pay 0.0399% / 8h | 1h 55m | $454K | $38K | — |
Extended KSM-USD
Variational Omni KSMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Extended. 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
- −$105.54
- Price spread: +0.034% → −0.111%
- $14.54
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$96
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 53 min ago; Variational Omni: RFQ quote, 54 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 Extended live order book, 53 min ago | 3.58 bp | 27.9 bp −$28 | 224.1 bp −$2,241 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 54 min ago | 7.05 bp | doesn't fit | 81.0 bp −$810 | 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 | −0.0701% | 1h | 4.6249 | +0.179% | $37K | $1K | 20x | as long as short |
| Variational Omni KSMshort | −0.0399% | 8h | 4.6182 | +0.034% | $454K | $38K | — | |
| OKX KSM-USDT-SWAP | −0.0308% | 4h | 4.6170 | +0.009% | $765K | $649K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6180 | +0.030% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6150 | −0.035% | $2.2M | $711K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6230 | +0.139% | $84K | $35K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6170 | +0.009% | $730K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6260 | +0.203% | $511K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6210 | +0.095% | $482K | $199K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6160 | −0.013% | — | $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-USDlong | +0.0104% | 1h | 4.6166 | long leg | $77K | $420K | 5x | |
| BloFin KSM-USDT | +0.0116% | 8h | 4.6190 | +0.052% | $110K | $18K | 50x | as long as short |
BloFin KSM-USDT