KSM

Alert

Funding spread now, next payment 16:00 UTC+0.0587%/8h

paid, last 24h−0.226%paid, last 4 days−0.531%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_KSMUSD	4.5606	−0.0487	get 0.0061% / 1h	38m 11s	$36K	$7K	20x
Short	Bybit KSMUSDT	4.5510	0.0100	get 0.0100% / 8h	38m 11s	$2.2M	$866K	50x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee BybitbpOrdersRate

Funding earned: $123.36
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $102.36
Break-even: 1.2 days

Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

Price risk

price view

Price gap now: −0.210%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	3.28 bp	32.2 bp −$32	238.1 bp −$2,381	doesn't fit	doesn't fit

Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

KSM on 12 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Variational Omni KSM	−0.0580%	8h	$450K	$56K	—	as long as short
Kraken Futures PF_KSMUSDlong	−0.0487%	1h	$36K	$7K	20x
OKX KSM-USDT-SWAP	+0.0040%	4h	$748K	$745K	20x	as long as short
MEXC KSM_USDT	+0.0087%	8h	$786K	$245K	20x	as long as short
Binance KSMUSDT	+0.0087%	8h	$2.0M	$3.3M	50x	as long as short
Extended KSM-USD	+0.0088%	1h	$75K	$289K	5x	as long as short
Bybit KSMUSDTshort	+0.0100%	8h	$2.2M	$866K	50x
Gate KSM_USDT	+0.0100%	8h	$91K	$42K	33x	as long as short
KuCoin KSMUSDTM	+0.0100%	8h	$513K	$52K	30x	as long as short
Bitget KSMUSDT	+0.0100%	8h	$525K	$276K	50x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX KSM-USDT	+0.0100%	8h	—	$2.4M	—	as long as short
BloFin KSM-USDT	+0.0109%	8h	$120K	$20K	50x	as long as short