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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin0.000%7-day average −0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$616as in the Funding arb table
Net, price: spread back to 7d avg − costs−$608as in the Price arb table
costs, in and out, $10k−$6176.168% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now 0.000%, 7d avg −0.092%
Together, before fees−0.070%−$7 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: BingX is 0.092% dearer against KuCoin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin KSMUSDTM4.65300.0100pay 0.0100% / 8h7h 24m$520K$51K30x
ShortBingX KSM-USDT4.65300.0100get 0.0100% / 8h7h 24m$2.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: 0.000% → −0.092%
$9.19
Slippage, 4 orders
−$594.8
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$607.61
Costs to cover
6.168%
Break-even
never at this rate
Slippage from KuCoin: live order book, 28 min ago; BingX: live order book, 10 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 KuCoin live order book, 28 min ago12.94 bp335.0 bp −$335doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago7.53 bp28.0 bp −$2864.4 bp −$644557.6 bp −$55.8K1067.2 bp −$533.6K

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−0.0473%8h4.6477−0.113%$456K$40Kas long as short
Kraken Futures PF_KSMUSD−0.0428%1h4.6593+0.135%$37K$5K20xas long as short
OKX KSM-USDT-SWAP−0.0007%4h4.6470−0.129%$762K$661K20xas long as short
Binance KSMUSDT+0.0100%8h4.6538+0.018%$2.0M$2.8M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6480−0.107%$2.2M$693K50xas long as short
Gate KSM_USDT+0.0100%8h4.6540+0.021%$89K$38K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6540+0.021%$782K$245K20xas long as short
KuCoin KSMUSDTMlong+0.0100%8h4.6530long leg$520K$51K30x
Bitget KSMUSDT+0.0100%8h4.6510−0.043%$499K$225K50xas long as short
BingX KSM-USDTshort+0.0100%8h4.65300.000%$2.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USD+0.0104%1h4.6528−0.005%$80K$393K5xas long as short
BloFin KSM-USDT+0.0111%8h4.6380−0.322%$113K$18K50xas long as short