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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.3% APRpaid last 24h −0.044%
Price spread now: OKX against Extended+0.019%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1301.300% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.212%−$21 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.019%, 7d avg −0.035%
Together, before fees−0.231%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.053% dearer against Extended than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.035%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KSM-USD4.62910.0104pay 0.0013% / 1h41m 38s$77K$260K5x
ShortOKX KSM-USDT-SWAP4.63000.0029get 0.0014% / 4h41m 38s$758K$658K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Extended. 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
−$15.84
Price spread: +0.019% → −0.035%
$5.33
Slippage, 4 orders
−$115.02
Fee Extended: 2.5 bp × 2 orders
−$5
Fee OKX: 5 bp × 2 orders
−$10
Net
−$140.53
Costs to cover
1.300%
Break-even
never at this rate
Slippage from Extended: live order book, 36 min ago; OKX: live order book, 34 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 Extended live order book, 36 min ago3.47 bp44.1 bp −$44265.1 bp −$2,651doesn't fitdoesn't fit
Sell OKX live order book, 34 min ago2.17 bp26.8 bp −$27doesn'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−0.0486%8h4.6394+0.222%$456K$40Kas long as short
Kraken Futures PF_KSMUSD−0.0353%1h4.6385+0.202%$37K$5K20xas long as short
OKX KSM-USDT-SWAPshort+0.0029%4h4.6300+0.019%$758K$658K20x
Binance KSMUSDT+0.0100%8h4.6300+0.019%$2.0M$2.9M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6260−0.068%$2.2M$716K50xas long as short
Gate KSM_USDT+0.0100%8h4.6340+0.105%$89K$39K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6290−0.003%$765K$244K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6340+0.105%$517K$52K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6360+0.148%$495K$238K50xas long as short
BingX KSM-USDT+0.0100%8h4.6300+0.019%$2.4Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USDlong+0.0104%1h4.6291long leg$77K$260K5x
BloFin KSM-USDT+0.0121%8h4.6480+0.407%$113K$19K50xas long as short