Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.005%
Price spread now: Extended against Binance−0.046%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1291.292% of the position
Funding, last 7 days−0.145%−$15 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.046%, 7d avg −0.036%
=Together, before fees−0.157%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6022 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $2.0M | $2.6M | 50x |
| Short | Extended KSM-USD | 4.6001 | 0.0104 | get 0.0013% / 1h | 32m 43s | $80K | $463K | 5x |
Binance KSMUSDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Binance. 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: −0.046% → −0.036%
- −$1.06
- Slippage, 4 orders
- −$114.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$129.46
- Costs to cover
- 1.292%
- Break-even
- 1085.9 days
Slippage from Binance: live order book, 2 min ago; Extended: live order book, 65 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 Binance live order book, 2 min ago | 2.17 bp | 22.2 bp −$22 | 74.9 bp −$749 | doesn't fit | doesn't fit |
| Sell Extended live order book, 65 min ago | 4.43 bp | 37.4 bp −$37 | 262.4 bp −$2,624 | 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 | −0.0286% | 1h | 4.6087 | +0.140% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0170% | 8h | 4.6097 | +0.163% | $455K | $28K | — | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6022 | long leg | $2.0M | $2.6M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6020 | −0.005% | $2.2M | $658K | 50x | as long as short |
| OKX KSM-USDT-SWAP | +0.0100% | 4h | 4.6010 | −0.027% | $764K | $613K | 20x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6090 | +0.147% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6030 | +0.017% | $725K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6070 | +0.104% | $509K | $26K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6030 | +0.017% | $479K | $179K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6080 | +0.125% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
Bybit KSMUSDT
OKX KSM-USDT-SWAP
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-USDshort | +0.0104% | 1h | 4.6001 | −0.046% | $80K | $463K | 5x | |
| BloFin KSM-USDT | +0.0117% | 8h | 4.5990 | −0.070% | $109K | $18K | 50x | as long as short |
BloFin KSM-USDT