Funding you earn now, next payment 00:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.054%
Price spread now: OKX against Gate−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.534%−$53 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.065% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate KSM_USDT | 4.6350 | 0.0100 | pay 0.0100% / 8h | 54m 39s | $89K | $39K | 33x |
| Short | OKX KSM-USDT-SWAP | 4.6320 | −0.0006 | pay 0.0003% / 4h | 54m 39s | $759K | $657K | 20x |
Gate KSM_USDT
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. 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
- −$22.29
- Price spread: −0.065% → 0.000%
- −$6.47
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$53.77
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: no order-book sample; OKX: live order book, 21 min ago. Net counts fees only.
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 Gate no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 21 min ago | 2.17 bp | 26.8 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
Gate: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0506% | 8h | 4.6269 | −0.175% | $455K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0353% | 1h | 4.6397 | +0.100% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAPshort | −0.0006% | 4h | 4.6320 | −0.065% | $759K | $657K | 20x | |
| BloFin KSM-USDT | +0.0090% | 8h | 4.6340 | −0.022% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6360 | +0.022% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6330 | −0.043% | $2.2M | $715K | 50x | as long as short |
| Gate KSM_USDTlong | +0.0100% | 8h | 4.6350 | long leg | $89K | $39K | 33x | |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6360 | +0.022% | $766K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6350 | 0.000% | $517K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6360 | +0.022% | $495K | $238K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
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 | 4.6380 | +0.065% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6343 | −0.014% | $77K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD