Funding you earn now, next payment 22:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.042%
Price spread now: Extended against OKX+0.118%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1321.316% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.118%, 7d avg +0.035%
=Together, before fees+0.091%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.083% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.6190 | −0.0015 | get 0.0008% / 4h | 2h 25m | $758K | $659K | 20x |
| Short | Extended KSM-USD | 4.6244 | 0.0096 | get 0.0012% / 1h | 25m 50s | $77K | $260K | 5x |
OKX KSM-USDT-SWAP
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $23.38
- Price spread: +0.118% → +0.035%
- $8.27
- Slippage, 4 orders
- −$116.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$99.97
- Costs to cover
- 1.316%
- Break-even
- 36.9 days
Slippage from OKX: live order book, 60 min ago; Extended: live order book, 61 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 OKX live order book, 60 min ago | 5.42 bp | 29.6 bp −$30 | 2960.4 bp −$29.6K | doesn't fit | doesn't fit |
| Sell Extended live order book, 61 min ago | 2.71 bp | 42.7 bp −$43 | 285.0 bp −$2,850 | 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 | −0.0608% | 8h | 4.6043 | −0.318% | $453K | $41K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0427% | 1h | 4.6314 | +0.268% | $37K | $6K | 20x | as long as short |
| OKX KSM-USDT-SWAPlong | −0.0015% | 4h | 4.6190 | long leg | $758K | $659K | 20x | |
| Extended KSM-USDshort | +0.0096% | 1h | 4.6244 | +0.118% | $77K | $260K | 5x | |
| MEXC KSM_USDT | +0.0097% | 8h | 4.6250 | +0.130% | $723K | $249K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6250 | +0.130% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6230 | +0.087% | $2.2M | $723K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6190 | 0.000% | $89K | $42K | 33x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6240 | +0.108% | $515K | $54K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6250 | +0.130% | $494K | $241K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
MEXC KSM_USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate 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 | 4.6240 | +0.108% | — | $2.4M | — | as long as short |
| BloFin KSM-USDT | +0.0105% | 8h | 4.6100 | −0.195% | $114K | $19K | 50x | as long as short |
BingX KSM-USDT
BloFin KSM-USDT