Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.186%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days+0.145%+$15 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.186%, 7d avg +0.037%
=Together, before fees+0.020%+ Points / potential airdropExtended: Active · farm board+$2 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: Binance is 0.149% dearer against Extended than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6071 | 0.0104 | pay 0.0013% / 1h | 50m 44s | $77K | $420K | 5x |
| Short | Binance KSMUSDT | 4.6157 | 0.0100 | get 0.0100% / 8h | 1h 50m | $2.0M | $2.8M | 50x |
Extended KSM-USD
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: +0.186% → +0.037%
- $14.94
- Slippage, 4 orders
- −$112.17
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$113.07
- Costs to cover
- 1.272%
- Break-even
- never at this rate
Slippage from Extended: live order book, 57 min ago; Binance: live order book, 14 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 Extended live order book, 57 min ago | 3.58 bp | 27.9 bp −$28 | 224.1 bp −$2,241 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.17 bp | 25.6 bp −$26 | 79.4 bp −$794 | 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 | −0.0702% | 1h | 4.6156 | +0.184% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0391% | 8h | 4.6032 | −0.084% | $452K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0286% | 4h | 4.6050 | −0.046% | $765K | $649K | 20x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6157 | +0.186% | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6090 | +0.041% | $2.2M | $716K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6060 | −0.024% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6140 | +0.149% | $730K | $239K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6100 | +0.063% | $509K | $32K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6140 | +0.149% | $481K | $200K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6060 | −0.024% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USDlong | +0.0104% | 1h | 4.6071 | long leg | $77K | $420K | 5x | |
| BloFin KSM-USDT | +0.0121% | 8h | 4.6040 | −0.068% | $110K | $18K | 50x | as long as short |
BloFin KSM-USDT