Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.010%
Price spread now: Bybit against Extended−0.087%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1351.351% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.087%, 7d avg −0.061%
=Together, before fees+0.421%+ Points / potential airdropExtended: Active · farm board+$42 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: Bybit is 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6290 | 0.0104 | pay 0.0013% / 1h | 6m 45s | $78K | $260K | 5x |
| Short | Bybit KSMUSDT | 4.6250 | 0.0100 | get 0.0100% / 8h | 6m 45s | $2.2M | $714K | 50x |
Extended KSM-USD
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.087% → −0.061%
- −$2.6
- Slippage, 4 orders
- −$119.11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$138.55
- Costs to cover
- 1.351%
- Break-even
- never at this rate
Slippage from Extended: live order book, 6 min ago; Bybit: live order book, 5 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, 6 min ago | 3.25 bp | 38.2 bp −$38 | 246.3 bp −$2,463 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 4.33 bp | 29.6 bp −$30 | 144.0 bp −$1,440 | 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 | −0.0570% | 8h | 4.6163 | −0.274% | $454K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0353% | 1h | 4.6350 | +0.129% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0203% | 4h | 4.6280 | −0.022% | $759K | $659K | 20x | as long as short |
| BloFin KSM-USDT | +0.0087% | 8h | 4.6250 | −0.087% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6300 | +0.021% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6250 | −0.087% | $2.2M | $714K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6270 | −0.044% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6300 | +0.021% | $765K | $246K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6280 | −0.022% | $516K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6290 | −0.001% | $495K | $234K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
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 | 4.6260 | −0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USDlong | +0.0104% | 1h | 4.6290 | long leg | $78K | $260K | 5x |
BingX KSM-USDT