Funding you earn now, next payment 12:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.003%
Price spread now: Extended against KuCoin−0.055%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$421as in the Price arb table
costs, in and out, $10k−$4244.245% of the position
Funding, last 7 days−0.329%−$33 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.055%, 7d avg −0.088%
=Together, before fees−0.222%+ Points / potential airdropExtended: Active · farm board−$22 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: Extended is 0.033% dearer against KuCoin than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin KSMUSDTM | 4.5860 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $505K | $30K | 30x |
| Short | Extended KSM-USD | 4.5835 | 0.0104 | get 0.0013% / 1h | 9m 07s | $78K | $601K | 5x |
KuCoin KSMUSDTM
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against KuCoin. 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: −0.055% → −0.088%
- $3.34
- Slippage, 4 orders
- −$407.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$420.29
- Costs to cover
- 4.245%
- Break-even
- 3509.5 days
Slippage from KuCoin: live order book, 16 min ago; Extended: live order book, 32 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 KuCoin live order book, 16 min ago | 16.42 bp | 164.0 bp −$164 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 3.27 bp | 42.4 bp −$42 | 274.0 bp −$2,740 | doesn't fit | doesn't fit |
KSM on 12 exchanges
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 | −0.0874% | 1h | 4.5885 | +0.054% | $39K | $4K | 20x | as long as short |
| Variational Omni KSM | −0.0461% | 8h | 4.5747 | −0.245% | $451K | $11K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0042% | 4h | 4.5800 | −0.131% | $767K | $590K | 20x | as long as short |
| BloFin KSM-USDT | +0.0084% | 8h | 4.5800 | −0.131% | $110K | $19K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.5860 | 0.000% | $2.0M | $2.3M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5810 | −0.109% | $2.2M | $589K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5830 | −0.065% | $83K | $28K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5860 | 0.000% | $741K | $189K | 20x | as long as short |
| KuCoin KSMUSDTMlong | +0.0100% | 8h | 4.5860 | long leg | $505K | $30K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5830 | −0.065% | $476K | $174K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.5810 | −0.109% | — | $2.3M | — | as long as short |
| Extended KSM-USDshort | +0.0104% | 1h | 4.5835 | −0.055% | $78K | $601K | 5x |
BingX KSM-USDT