Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance−0.049%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1281.284% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.049%, 7d avg −0.037%
=Together, before fees−0.157%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.5760 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $2.0M | $2.7M | 50x |
| Short | Extended KSM-USD | 4.5737 | 0.0104 | get 0.0013% / 1h | 37m 45s | $77K | $425K | 5x |
Binance KSMUSDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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
- $0.84
- Price spread: −0.049% → −0.037%
- −$1.25
- Slippage, 4 orders
- −$113.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$128.82
- Costs to cover
- 1.284%
- Break-even
- 1080.5 days
Slippage from Binance: live order book, 13 min ago; Extended: live order book, 10 min ago.
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 Binance live order book, 13 min ago | 3.25 bp | 21.8 bp −$22 | 65.7 bp −$657 | doesn't fit | doesn't fit |
| Sell Extended live order book, 10 min ago | 3.58 bp | 56.7 bp −$57 | 310.0 bp −$3,100 | 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 | −0.0492% | 1h | 4.5829 | +0.150% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0482% | 4h | 4.5750 | −0.022% | $753K | $625K | 20x | as long as short |
| Variational Omni KSM | −0.0379% | 8h | 4.5783 | +0.050% | $452K | $38K | — | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.5760 | long leg | $2.0M | $2.7M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5710 | −0.109% | $2.2M | $670K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5710 | −0.109% | $84K | $37K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5760 | 0.000% | $730K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.5730 | −0.066% | $505K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5750 | −0.022% | $479K | $208K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.5740 | −0.044% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin KSM-USDT | +0.0104% | 8h | 4.5740 | −0.044% | $110K | $18K | 50x | as long as short |
| Extended KSM-USDshort | +0.0104% | 1h | 4.5737 | −0.049% | $77K | $425K | 5x |
BloFin KSM-USDT