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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit+0.197%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$789as in the Funding arb table
Net, price: spread back to 7d avg − costs−$781as in the Price arb table
costs, in and out, $10k−$7867.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.031%−$3 on $10k
Price spread, last 3 days (all we have)−0.212%−$21 · spread now +0.197%, 7d avg +0.145%
Together, before fees−0.243%−$24 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: KuCoin is 0.052% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KSMUSDT4.57900.0100pay 0.0100% / 8h4h 23m$2.2M$787K50x
ShortKuCoin KSMUSDTM4.58800.0100get 0.0100% / 8h4h 23m$512K$55K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$0
Price spread: +0.197% → +0.145%
$5.16
Slippage, 4 orders
−$763.35
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$781.19
Costs to cover
7.863%
Break-even
never at this rate
Slippage from Bybit: live order book, 7 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 7 min ago3.29 bp27.2 bp −$27414.9 bp −$4,149doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago19.65 bp520.0 bp −$520doesn't fitdoesn'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
Variational Omni KSM−0.0636%8h4.5640−0.328%$448K$55Kas long as short
Kraken Futures PF_KSMUSD−0.0523%1h4.5892+0.223%$36K$6K20xas long as short
OKX KSM-USDT-SWAP−0.0297%4h4.5810+0.044%$753K$688K20xas long as short
MEXC KSM_USDT+0.0035%8h4.5810+0.044%$721K$252K20xas long as short
Binance KSMUSDT+0.0038%8h4.5806+0.035%$2.0M$3.1M50xas long as short
Extended KSM-USD+0.0040%1h4.5826+0.078%$76K$289K5xas long as short
BloFin KSM-USDT+0.0060%8h4.5770−0.044%$115K$20K50xas long as short
Bybit KSMUSDTlong+0.0100%8h4.5790long leg$2.2M$787K50x
Gate KSM_USDT+0.0100%8h4.5820+0.066%$89K$41K33xas long as short
KuCoin KSMUSDTMshort+0.0100%8h4.5880+0.197%$512K$55K30x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget KSMUSDT+0.0100%8h4.5870+0.175%$491K$247K50xas long as short
BingX KSM-USDT+0.0100%8h4.5770−0.044%$2.4Mas long as short