Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.012%
Price spread now: Bitget against Extended−0.065%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as 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: Bitget is 0.093% cheaper against Extended than usual: you would sell low and buy high, −$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 | Extended KSM-USD | 4.6280 | 0.0104 | pay 0.0013% / 1h | 43m 14s | $77K | $326K | 5x |
| Short | Bitget KSMUSDT | 4.6250 | 0.0100 | get 0.0100% / 8h | 6h 43m | $494K | $230K | 50x |
Extended KSM-USD
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.065% → +0.028%
- −$9.3
- Slippage, 4 orders
- −$120.76
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$147.9
- Costs to cover
- 1.378%
- Break-even
- never at this rate
Slippage from Extended: live order book, 24 min ago; Bitget: live order book, 21 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, 24 min ago | 3.66 bp | 31.3 bp −$31 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 21 min ago | 6.44 bp | 40.3 bp −$40 | 99.1 bp −$991 | 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 | −0.0652% | 1h | 4.6329 | +0.106% | $37K | $5K | 20x | as long as short |
| Variational Omni KSM | −0.0414% | 8h | 4.6138 | −0.307% | $454K | $41K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0051% | 4h | 4.6230 | −0.108% | $757K | $678K | 20x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6274 | −0.014% | $2.0M | $2.9M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6210 | −0.151% | $2.2M | $702K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6270 | −0.022% | $89K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | 0.000% | $750K | $246K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6240 | −0.087% | $517K | $49K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6250 | −0.065% | $494K | $230K | 50x | |
| BingX KSM-USDT | +0.0100% | 8h | 4.6250 | −0.065% | — | $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-USDlong | +0.0104% | 1h | 4.6280 | long leg | $77K | $326K | 5x | |
| BloFin KSM-USDT | +0.0125% | 8h | 4.6170 | −0.238% | $112K | $19K | 50x | as long as short |
BloFin KSM-USDT