Funding you earn now, next payment 08:00 UTC+0.0409%/8h= +44.8% APRnext payment +$4.09 per $10,000 · paid last 24h +0.221%
Price spread now: Binance against Variational Omni−0.004%7-day average +0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.879%+$88 on $10k
+Price spread, last 4 days (all we have)+0.437%+$44 · spread now −0.004%, 7d avg +0.146%
=Together, before fees+1.316%+ Points / potential airdropVariational Omni: Active · farm board+$132 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.150% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.146%). If the spread goes back, that is −$15 on $10k: about 29 hours of funding at the current rate (+$12 a day). At the pace of the last 4 days (+0.879% in total) that is about 14 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni KSM | 4.6282 | −0.0309 | get 0.0309% / 8h | 3h 28m | $455K | $38K | — |
| Short | Binance KSMUSDT | 4.6280 | 0.0100 | get 0.0100% / 8h | 3h 28m | $2.0M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $85.85
- Price spread: −0.004% → +0.146%
- −$14.98
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $60.87
- Costs to cover
- 0.100%
- Break-even
- 2.0 days
Slippage unknown: Variational Omni: RFQ quote, 25 min ago; Binance: live order book, 7 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, 25 min ago | 5.95 bp | doesn't fit | 212.8 bp −$2,128 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 2.16 bp | 22.9 bp −$23 | 70.8 bp −$708 | 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 | −0.0526% | 1h | 4.6321 | +0.084% | $37K | $1K | 20x | as long as short |
| Variational Omni KSMlong | −0.0309% | 8h | 4.6282 | long leg | $455K | $38K | — | |
| OKX KSM-USDT-SWAP | −0.0255% | 4h | 4.6230 | −0.112% | $751K | $631K | 20x | as long as short |
| BloFin KSM-USDT | +0.0090% | 8h | 4.6230 | −0.112% | $111K | $18K | 50x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6280 | −0.004% | $2.0M | $2.7M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6250 | −0.069% | $2.2M | $669K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6320 | +0.082% | $85K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | −0.004% | $747K | $241K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6310 | +0.061% | $516K | $36K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6310 | +0.061% | $485K | $215K | 50x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6280 | −0.004% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6266 | −0.033% | $78K | $318K | 5x | as long as short |
Variational Omni KSM
Binance KSMUSDT
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDT
Extended KSM-USD