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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX+0.152%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$543as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5425.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.012%−$1 on $10k
Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.152%, 7d avg +0.092%
Together, before fees−0.152%−$15 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: KuCoin is 0.060% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KSM-USDT4.61700.0100pay 0.0100% / 8h2h 20m$2.4M
ShortKuCoin KSMUSDTM4.62400.0100get 0.0100% / 8h2h 20m$515K$54K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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% → +0.092%
$6.01
Slippage, 4 orders
−$519.58
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$535.57
Costs to cover
5.416%
Break-even
never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 61 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, 9 min ago4.34 bp23.1 bp −$2353.7 bp −$537704.3 bp −$70.4K1094.9 bp −$547.5K
Sell KuCoin live order book, 61 min ago20.57 bp253.4 bp −$253doesn't fitdoesn'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
Variational Omni KSM−0.0598%8h4.6168−0.003%$452K$41Kas long as short
Kraken Futures PF_KSMUSD−0.0427%1h4.6239+0.150%$37K$6K20xas long as short
OKX KSM-USDT-SWAP+0.0010%4h4.6150−0.043%$758K$657K20xas long as short
Binance KSMUSDT+0.0100%8h4.6200+0.065%$2.0M$2.9M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6150−0.043%$2.2M$722K50xas long as short
Gate KSM_USDT+0.0100%8h4.6190+0.043%$89K$42K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6180+0.022%$721K$250K20xas long as short
KuCoin KSMUSDTMshort+0.0100%8h4.6240+0.152%$515K$54K30x
Bitget KSMUSDT+0.0100%8h4.6230+0.130%$494K$241K50xas long as short
BingX KSM-USDTlong+0.0100%8h4.6170long leg$2.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USD+0.0104%1h4.6194+0.052%$77K$260K5xas long as short
BloFin KSM-USDT+0.0128%8h4.6230+0.130%$114K$19K50xas long as short