Funding you earn now, next payment 09:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.001%
Price spread now: BloFin against Extended−0.188%54s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.194% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.473%−$47 · spread now −0.188%, 7d avg +0.019%
=Together, before fees−0.329%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.207% cheaper against Extended than usual: you would sell low and buy high (spread −0.188% now, against its 7-day average of +0.019%). If the spread goes back, that is −$21 on $10k: about 58 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.144% in total) that is about 10 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6648 | 0.0104 | pay 0.0013% / 1h | 14m 08s | $81K | $463K | 5x |
| Short | BloFin KSM-USDT | 4.6560 | 0.0116 | get 0.0116% / 8h | 7h 14m | $110K | $18K | 50x |
Extended KSM-USD
BloFin KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.49
- Price spread: −0.188% → +0.019%
- −$20.7
- Slippage, 4 orders
- −$102.41
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$137.62
- Costs to cover
- 1.194%
- Break-even
- 394.0 days
Slippage from Extended: live order book, 18 min ago; BloFin: live order book, 41 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, 18 min ago | 2.61 bp | 36.3 bp −$36 | 245.3 bp −$2,453 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 41 min ago | 6.49 bp | 17.3 bp −$17 | 49.4 bp −$494 | 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 | −0.0282% | 1h | 4.6705 | +0.123% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0179% | 8h | 4.6558 | −0.192% | $458K | $26K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6654 | +0.013% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6600 | −0.102% | $2.2M | $640K | 50x | as long as short |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6630 | −0.038% | $774K | $624K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6520 | −0.274% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6640 | −0.016% | $738K | $247K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6660 | +0.027% | $515K | $26K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6630 | −0.038% | $485K | $178K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6610 | −0.081% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
OKX KSM-USDT-SWAP
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 | 4.6648 | long leg | $81K | $463K | 5x | |
| BloFin KSM-USDTshort | +0.0116% | 8h | 4.6560 | −0.188% | $110K | $18K | 50x |