Funding you earn now, next payment 07:00 UTC−0.0293%/8h= −32.1% APRpaid last 24h −0.076%
Price spread now: OKX against Extended−0.082%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$159as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.082%, 7d avg −0.036%
=Together, before fees−0.127%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and OKX is 0.046% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6008 | 0.0104 | pay 0.0013% / 1h | 33m 41s | $77K | $399K | 5x |
| Short | OKX KSM-USDT-SWAP | 4.5970 | −0.0189 | pay 0.0094% / 4h | 1h 33m | $761K | $648K | 20x |
Extended KSM-USD
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$61.49
- Price spread: −0.082% → −0.036%
- −$4.59
- Slippage, 4 orders
- −$123.19
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$204.27
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Extended: live order book, 9 min ago; OKX: live order book, 7 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, 9 min ago | 4.13 bp | 28.5 bp −$29 | 225.2 bp −$2,252 | doesn't fit | doesn't fit |
| Sell OKX live order book, 7 min ago | 6.51 bp | 26.4 bp −$26 | doesn't fit | 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 | −0.0704% | 1h | 4.6032 | +0.053% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0360% | 8h | 4.5907 | −0.219% | $453K | $38K | — | as long as short |
| OKX KSM-USDT-SWAPshort | −0.0189% | 4h | 4.5970 | −0.082% | $761K | $648K | 20x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6020 | +0.026% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5920 | −0.191% | $2.2M | $723K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6030 | +0.049% | $84K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5980 | −0.060% | $727K | $240K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6020 | +0.027% | $508K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6010 | +0.005% | $480K | $198K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6010 | +0.005% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Binance KSMUSDT
Bybit KSMUSDT
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 | 4.6008 | long leg | $77K | $399K | 5x | |
| BloFin KSM-USDT | +0.0120% | 8h | 4.6000 | −0.017% | $110K | $18K | 50x | as long as short |
BloFin KSM-USDT