Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.012%
Price spread now: Extended against Bitget+0.065%7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$157as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1381.378% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.065%, 7d avg −0.028%
=Together, before fees−0.197%+ Points / potential airdropExtended: Active · farm board−$20 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 0.093% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget KSMUSDT | 4.6250 | 0.0100 | pay 0.0100% / 8h | 6h 43m | $494K | $230K | 50x |
| Short | Extended KSM-USD | 4.6280 | 0.0104 | get 0.0013% / 1h | 43m 23s | $77K | $326K | 5x |
Bitget KSMUSDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bitget. 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: +0.065% → −0.028%
- $9.31
- Slippage, 4 orders
- −$120.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$127.61
- Costs to cover
- 1.378%
- Break-even
- 1070.4 days
Slippage from Bitget: live order book, 21 min ago; Extended: live order book, 24 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 Bitget live order book, 21 min ago | 6.44 bp | 14.2 bp −$14 | 66.8 bp −$668 | doesn't fit | doesn't fit |
| Sell Extended live order book, 24 min ago | 3.66 bp | 52.0 bp −$52 | 299.3 bp −$2,993 | 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 | −0.0651% | 1h | 4.6353 | +0.222% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0414% | 8h | 4.6138 | −0.242% | $454K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0051% | 4h | 4.6230 | −0.043% | $757K | $678K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6290 | +0.086% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6210 | −0.086% | $2.2M | $702K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6270 | +0.043% | $89K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | +0.065% | $750K | $246K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6240 | −0.022% | $517K | $49K | 30x | as long as short |
| Bitget KSMUSDTlong | +0.0100% | 8h | 4.6250 | long leg | $494K | $230K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6250 | 0.000% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USDshort | +0.0104% | 1h | 4.6280 | +0.065% | $77K | $326K | 5x | |
| BloFin KSM-USDT | +0.0125% | 8h | 4.6170 | −0.173% | $112K | $19K | 50x | as long as short |
BloFin KSM-USDT