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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.012%
Price spread now: Extended against Bitget−0.096%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1381.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.190%−$19 on $10k
Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.096%, 7d avg −0.027%
Together, before fees+0.015%+ Points / potential airdropExtended: Active · farm board+$1 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: Extended is 0.069% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget KSMUSDT4.60700.0100pay 0.0100% / 8h6h 53m$493K$230K50x
ShortExtended KSM-USD4.60260.0104get 0.0013% / 1h53m 41s$79K$320K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$0.84
Price spread: −0.096% → −0.027%
−$6.91
Slippage, 4 orders
−$120.76
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$143.83
Costs to cover
1.378%
Break-even
1205.6 days
Slippage from Bitget: live order book, 11 min ago; Extended: live order book, 14 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 Bitget live order book, 11 min ago6.44 bp14.2 bp −$1466.8 bp −$668doesn't fitdoesn't fit
Sell Extended live order book, 14 min ago3.66 bp52.0 bp −$52299.3 bp −$2,993doesn'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−0.0655%1h4.6086+0.034%$37K$5K20xas long as short
Variational Omni KSM−0.0447%8h4.5848−0.482%$452K$41Kas long as short
OKX KSM-USDT-SWAP−0.0104%4h4.5990−0.174%$753K$675K20xas long as short
BloFin KSM-USDT+0.0099%8h4.6000−0.152%$112K$19K50xas long as short
Binance KSMUSDT+0.0100%8h4.6055−0.032%$2.0M$2.9M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6000−0.152%$2.2M$704K50xas long as short
Gate KSM_USDT+0.0100%8h4.6010−0.130%$88K$38K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6050−0.043%$750K$243K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6080+0.022%$515K$49K30xas long as short
Bitget KSMUSDTlong+0.0100%8h4.6070long leg$493K$230K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDT+0.0100%8h4.6020−0.109%$2.4Mas long as short
Extended KSM-USDshort+0.0104%1h4.6026−0.096%$79K$320K5x