Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%
Price spread now: Binance against Extended+0.020%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1281.276% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.020%, 7d avg +0.038%
=Together, before fees+0.176%+ Points / potential airdropExtended: Active · farm board+$18 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6341 | 0.0104 | pay 0.0013% / 1h | 55m 44s | $77K | $260K | 5x |
| Short | Binance KSMUSDT | 4.6350 | 0.0100 | get 0.0100% / 8h | 55m 44s | $2.0M | $2.8M | 50x |
Extended KSM-USD
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.020% → +0.038%
- −$1.85
- Slippage, 4 orders
- −$112.62
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$130.31
- Costs to cover
- 1.276%
- Break-even
- never at this rate
Slippage from Extended: live order book, 22 min ago; Binance: live order book, 10 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 Extended live order book, 22 min ago | 3.47 bp | 44.1 bp −$44 | 265.1 bp −$2,651 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.25 bp | 22.9 bp −$23 | 69.3 bp −$693 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0522% | 8h | 4.6174 | −0.361% | $453K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0353% | 1h | 4.6375 | +0.074% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0015% | 4h | 4.6350 | +0.020% | $759K | $658K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6350 | +0.020% | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6330 | −0.024% | $2.2M | $714K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6330 | −0.024% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6350 | +0.020% | $766K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6350 | +0.020% | $517K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6350 | +0.020% | $495K | $238K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6340 | −0.002% | — | $2.4M | — | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USDlong | +0.0104% | 1h | 4.6341 | long leg | $77K | $260K | 5x | |
| BloFin KSM-USDT | +0.0127% | 8h | 4.6380 | +0.084% | $113K | $19K | 50x | as long as short |
BloFin KSM-USDT