Settings8H · net · $10k
Funding arb · Price arb /

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0255%/8h= −27.9% APRnext payment $2.55 per $10,000 · paid last 24h −0.152%
Price spread now: Variational Omni against BingX+0.261%7-day average −0.115% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.963%−$96 on $10k
Price spread, last 4 days (all we have)−0.824%−$82 · spread now +0.261%, 7d avg −0.115%
Together, before fees−1.787%+ Points / potential airdropVariational Omni: Active · farm board−$179 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.377% dearer against BingX than usual: you sell high and buy low (spread +0.261% now, against its 7-day average of −0.115%): +$38 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 4 days (−0.963% in total) that is about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KSM-USDT4.62900.0100pay 0.0100% / 8h6h 55m$2.3M
ShortVariational Omni KSM4.6411−0.0155pay 0.0155% / 8h6h 55m$458K$26K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$53.58
Price spread: +0.261% → −0.115%
$37.68
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$25.9
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: BingX: live order book, 3 min ago; Variational Omni: RFQ quote, 38 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 3 min ago7.52 bp30.8 bp −$3158.2 bp −$582866.0 bp −$86.6K1269.9 bp −$635.0K
Sell Variational Omni RFQ quote, 38 min ago7.05 bpdoesn't fit146.0 bp −$1,460doesn't fitdoesn't fit

KSM on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KSMUSD−0.0364%1h4.6548+0.558%$37K$99520xas long as short
Variational Omni KSMshort−0.0155%8h4.6411+0.261%$458K$26K
BloFin KSM-USDT+0.0071%8h4.6580+0.626%$110K$18K50xas long as short
Binance KSMUSDT+0.0100%8h4.6310+0.043%$2.0M$2.6M50xas long as short
Bybit KSMUSDT+0.0100%8h4.62900.000%$2.2M$631K50xas long as short
OKX KSM-USDT-SWAP+0.0100%4h4.6300+0.022%$771K$607K20xas long as short
Gate KSM_USDT+0.0100%8h4.6480+0.410%$85K$28K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6310+0.043%$733K$223K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6420+0.281%$513K$24K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6350+0.130%$492K$185K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDTlong+0.0100%8h4.6290long leg$2.3M
Extended KSM-USD+0.0104%1h4.6376+0.186%$78K$461K5xas long as short