Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.008%
Price spread now: KuCoin against Extended+0.114%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$859as in the Funding arb table
Net, price: spread back to 7d avg − costs−$889as in the Price arb table
costs, in and out, $10k−$8928.922% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.114%, 7d avg +0.085%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · farm board+$20 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: KuCoin 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 +0.085%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6267 | 0.0104 | pay 0.0013% / 1h | 19m 53s | $78K | $321K | 5x |
| Short | KuCoin KSMUSDTM | 4.6320 | 0.0100 | get 0.0100% / 8h | 6h 19m | $518K | $49K | 30x |
Extended KSM-USD
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.114% → +0.085%
- $2.84
- Slippage, 4 orders
- −$875.2
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$890.2
- Costs to cover
- 8.922%
- Break-even
- never at this rate
Slippage from Extended: live order book, 47 min ago; KuCoin: live order book, 18 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, 47 min ago | 3.66 bp | 31.3 bp −$31 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 22.69 bp | 275.0 bp −$275 | doesn't fit | doesn't fit | doesn't fit |
KSM on 11 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 | −0.0651% | 1h | 4.6363 | +0.207% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0365% | 8h | 4.6296 | +0.063% | $456K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0086% | 4h | 4.6270 | +0.006% | $757K | $671K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6280 | +0.027% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6240 | −0.059% | $2.2M | $702K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6410 | +0.308% | $88K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6300 | +0.070% | $750K | $249K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.6320 | +0.114% | $518K | $49K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6320 | +0.114% | $494K | $230K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6360 | +0.200% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDT
BingX KSM-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USDlong | +0.0104% | 1h | 4.6267 | long leg | $78K | $321K | 5x |