Settings8H · net · $10k
Funding arb · Price arb /

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against BingX+0.152%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.153%−$15 on $10k
Price spread, last 7 days−0.106%−$11 · spread now +0.152%, 7d avg +0.042%
Together, before fees−0.258%−$26 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.110% dearer against BingX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KSM-USDT4.59300.0100pay 0.0100% / 8h6h 55m$2.4M
ShortBitget KSMUSDT4.60000.0100get 0.0100% / 8h6h 55m$492K$230K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.152% → +0.042%
$11.03
Slippage, 4 orders
−$77.56
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$88.53
Costs to cover
0.996%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago3.24 bp18.7 bp −$1950.4 bp −$504738.2 bp −$73.8K1180.8 bp −$590.4K
Sell Bitget live order book, 10 min ago6.44 bp40.3 bp −$4099.1 bp −$991doesn't fitdoesn't fit

KSM on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KSMUSD−0.0656%1h4.6040+0.240%$37K$5K20xas long as short
Variational Omni KSM−0.0447%8h4.5848−0.179%$452K$41Kas long as short
OKX KSM-USDT-SWAP−0.0092%4h4.5960+0.065%$753K$672K20xas long as short
BloFin KSM-USDT+0.0099%8h4.6000+0.152%$112K$19K50xas long as short
Binance KSMUSDT+0.0100%8h4.6000+0.152%$2.0M$2.9M50xas long as short
Bybit KSMUSDT+0.0100%8h4.5970+0.087%$2.2M$700K50xas long as short
Gate KSM_USDT+0.0100%8h4.6050+0.261%$88K$38K33xas long as short
MEXC KSM_USDT+0.0100%8h4.5990+0.131%$750K$243K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.5970+0.087%$514K$49K30xas long as short
Bitget KSMUSDTshort+0.0100%8h4.6000+0.152%$492K$230K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDTlong+0.0100%8h4.5930long leg$2.4M
Extended KSM-USD+0.0104%1h4.5939+0.019%$79K$320K5xas long as short