Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against Bybit+0.081%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1391.386% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.081%, 7d avg +0.061%
=Together, before fees−0.443%+ Points / potential airdropExtended: Active · farm board−$44 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KSMUSDT | 4.6030 | 0.0100 | pay 0.0100% / 8h | 3h 07m | $2.2M | $658K | 50x |
| Short | Extended KSM-USD | 4.6067 | 0.0104 | get 0.0013% / 1h | 7m 52s | $84K | $339K | 5x |
Bybit KSMUSDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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: +0.081% → +0.061%
- $1.94
- Slippage, 4 orders
- −$122.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$135.83
- Costs to cover
- 1.386%
- Break-even
- 1138.9 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 44 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 Bybit live order book, 4 min ago | 3.25 bp | 26.1 bp −$26 | 132.8 bp −$1,328 | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 3.23 bp | 48.3 bp −$48 | 290.9 bp −$2,909 | 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 | −0.0528% | 1h | 4.6145 | +0.250% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0321% | 4h | 4.6050 | +0.043% | $748K | $621K | 20x | as long as short |
| Variational Omni KSM | −0.0316% | 8h | 4.6136 | +0.231% | $455K | $38K | — | as long as short |
| BloFin KSM-USDT | +0.0100% | 8h | 4.6200 | +0.369% | $111K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6100 | +0.152% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTlong | +0.0100% | 8h | 4.6030 | long leg | $2.2M | $658K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6230 | +0.434% | $87K | $42K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6070 | +0.087% | $743K | $242K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6230 | +0.434% | $515K | $33K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6120 | +0.196% | $483K | $213K | 50x | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
BloFin KSM-USDT
Binance 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 | 4.6130 | +0.217% | — | $2.4M | — | as long as short |
| Extended KSM-USDshort | +0.0104% | 1h | 4.6067 | +0.081% | $84K | $339K | 5x |
BingX KSM-USDT