Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against BingX+0.036%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1311.311% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now +0.036%, 7d avg +0.006%
=Together, before fees−0.153%+ Points / potential airdropExtended: Active · farm board−$15 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 0.031% dearer against BingX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6340 | 0.0100 | pay 0.0100% / 8h | 4h 18m | — | $2.4M | — |
| Short | Extended KSM-USD | 4.6357 | 0.0104 | get 0.0013% / 1h | 18m 38s | $78K | $319K | 5x |
BingX KSM-USDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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: +0.036% → +0.006%
- $3.06
- Slippage, 4 orders
- −$116.08
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$127.18
- Costs to cover
- 1.311%
- Break-even
- 1066.8 days
Slippage from BingX: live order book, 15 min ago; Extended: live order book, 39 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 BingX live order book, 15 min ago | 6.51 bp | 23.2 bp −$23 | 53.3 bp −$533 | 819.7 bp −$82.0K | 1252.9 bp −$626.5K |
| Sell Extended live order book, 39 min ago | 3.04 bp | 46.3 bp −$46 | 293.4 bp −$2,934 | 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 | −0.0288% | 1h | 4.6466 | +0.271% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0258% | 8h | 4.6326 | −0.029% | $457K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0164% | 4h | 4.6340 | 0.000% | $755K | $650K | 20x | as long as short |
| BloFin KSM-USDT | +0.0098% | 8h | 4.6380 | +0.086% | $112K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6390 | +0.108% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6350 | +0.022% | $2.2M | $675K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6420 | +0.173% | $86K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6390 | +0.108% | $749K | $243K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6470 | +0.281% | $519K | $38K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6380 | +0.086% | $487K | $218K | 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
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6340 | long leg | — | $2.4M | — | |
| Extended KSM-USDshort | +0.0104% | 1h | 4.6357 | +0.036% | $78K | $319K | 5x |