Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.002%
Price spread now: Extended against BloFin−0.125%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1211.206% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)+0.404%+$40 · spread now −0.125%, 7d avg −0.022%
=Together, before fees+0.261%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.103% cheaper against BloFin than usual: you would sell low and buy high (spread −0.125% now, against its 7-day average of −0.022%). If the spread goes back, that is −$10 on $10k: about 22 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin KSM-USDT | 4.6400 | 0.0089 | pay 0.0089% / 8h | 4h 24m | $112K | $18K | 50x |
| Short | Extended KSM-USD | 4.6342 | 0.0104 | get 0.0013% / 1h | 24m 53s | $77K | $319K | 5x |
BloFin KSM-USDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- $3.21
- Price spread: −0.125% → −0.022%
- −$10.28
- Slippage, 4 orders
- −$103.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$127.63
- Costs to cover
- 1.206%
- Break-even
- 285.1 days
Slippage from BloFin: live order book, 66 min ago; Extended: live order book, 32 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 BloFin live order book, 66 min ago | 2.16 bp | 14.1 bp −$14 | 37.8 bp −$378 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 3.04 bp | 46.3 bp −$46 | 293.4 bp −$2,934 | 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 | −0.0288% | 1h | 4.6432 | +0.070% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0246% | 8h | 4.6316 | −0.180% | $456K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0086% | 4h | 4.6340 | −0.129% | $755K | $649K | 20x | as long as short |
| BloFin KSM-USDTlong | +0.0089% | 8h | 4.6400 | long leg | $112K | $18K | 50x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6348 | −0.111% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6320 | −0.172% | $2.2M | $678K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6430 | +0.065% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6350 | −0.108% | $748K | $242K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6460 | +0.129% | $518K | $37K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6370 | −0.065% | $487K | $219K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6340 | −0.129% | — | $2.4M | — | as long as short |
| Extended KSM-USDshort | +0.0104% | 1h | 4.6342 | −0.125% | $77K | $319K | 5x |
BingX KSM-USDT