Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.012%
Price spread now: Bitget against Extended+0.055%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1381.378% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.055%, 7d avg +0.027%
=Together, before fees+0.026%+ Points / potential airdropExtended: Active · farm board+$3 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: Bitget is 0.028% dearer against Extended than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6045 | 0.0104 | pay 0.0013% / 1h | 53m 37s | $79K | $320K | 5x |
| Short | Bitget KSMUSDT | 4.6070 | 0.0100 | get 0.0100% / 8h | 6h 53m | $493K | $230K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.055% → +0.027%
- $2.81
- Slippage, 4 orders
- −$120.76
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$135.78
- Costs to cover
- 1.378%
- Break-even
- never at this rate
Slippage from Extended: live order book, 14 min ago; Bitget: live order book, 11 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, 14 min ago | 3.66 bp | 31.3 bp −$31 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 11 min ago | 6.44 bp | 40.3 bp −$40 | 99.1 bp −$991 | 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 | −0.0655% | 1h | 4.6086 | +0.090% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0447% | 8h | 4.5848 | −0.427% | $452K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0099% | 4h | 4.6070 | +0.055% | $754K | $676K | 20x | as long as short |
| BloFin KSM-USDT | +0.0099% | 8h | 4.6000 | −0.097% | $112K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6100 | +0.121% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6080 | +0.077% | $2.2M | $704K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6010 | −0.075% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6050 | +0.012% | $750K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6080 | +0.077% | $515K | $49K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6070 | +0.055% | $493K | $230K | 50x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6040 | −0.010% | — | $2.4M | — | as long as short |
| Extended KSM-USDlong | +0.0104% | 1h | 4.6045 | long leg | $79K | $320K | 5x |
Extended KSM-USD
Bitget KSMUSDT
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
BingX KSM-USDT