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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.010%
Price spread now: BingX against Extended+0.063%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1371.366% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.343%+$34 on $10k
Price spread, last 4 days (all we have)−0.183%−$18 · spread now +0.063%, 7d avg −0.006%
Together, before fees+0.160%+ Points / potential airdropExtended: Active · farm board+$16 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: BingX is 0.069% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KSM-USD4.64410.0104pay 0.0013% / 1h3m 10s$78K$260K5x
ShortBingX KSM-USDT4.64700.0100get 0.0100% / 8h3m 10s$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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: +0.063% → −0.006%
$6.94
Slippage, 4 orders
−$121.62
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$130.52
Costs to cover
1.366%
Break-even
never at this rate
Slippage from Extended: live order book, 9 min ago; BingX: live order book, 5 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 Extended live order book, 9 min ago3.25 bp38.2 bp −$38246.3 bp −$2,463doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago7.56 bp28.8 bp −$2961.7 bp −$617547.5 bp −$54.8K1029.9 bp −$515.0K

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−0.0558%8h4.6219−0.478%$454K$40Kas long as short
Kraken Futures PF_KSMUSD−0.0352%1h4.6480+0.085%$37K$5K20xas long as short
OKX KSM-USDT-SWAP−0.0184%4h4.6390−0.109%$760K$661K20xas long as short
BloFin KSM-USDT+0.0095%8h4.6400−0.088%$113K$19K50xas long as short
Binance KSMUSDT+0.0100%8h4.6453+0.027%$2.0M$2.8M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6410−0.066%$2.2M$714K50xas long as short
Gate KSM_USDT+0.0100%8h4.6380−0.131%$89K$39K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6460+0.042%$767K$246K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6410−0.066%$517K$52K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6460+0.042%$497K$235K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDTshort+0.0100%8h4.6470+0.063%$2.4M
Extended KSM-USDlong+0.0104%1h4.6441long leg$78K$260K5x