Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.007%
Price spread now: Extended against BingX−0.008%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1321.320% of the position
Funding, last 7 days−0.343%−$34 on $10k
+Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.008%, 7d avg +0.007%
=Together, before fees−0.183%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX KSM-USDT | 4.6280 | 0.0100 | pay 0.0100% / 8h | 3h 27m | — | $2.4M | — |
| Short | Extended KSM-USD | 4.6276 | 0.0104 | get 0.0013% / 1h | 27m 28s | $78K | $318K | 5x |
BingX KSM-USDT
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BingX. 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: −0.008% → +0.007%
- −$1.44
- Slippage, 4 orders
- −$117.05
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$132.64
- Costs to cover
- 1.320%
- Break-even
- 1112.4 days
Slippage from BingX: live order book, 7 min ago; Extended: live order book, 25 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 BingX live order book, 7 min ago | 5.41 bp | 22.2 bp −$22 | 52.0 bp −$520 | 806.5 bp −$80.6K | 1255.5 bp −$627.7K |
| Sell Extended live order book, 25 min ago | 3.23 bp | 48.3 bp −$48 | 290.9 bp −$2,909 | 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 | −0.0526% | 1h | 4.6325 | +0.096% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0309% | 8h | 4.6282 | +0.004% | $455K | $38K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0254% | 4h | 4.6230 | −0.108% | $752K | $631K | 20x | as long as short |
| BloFin KSM-USDT | +0.0090% | 8h | 4.6230 | −0.108% | $111K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6290 | +0.022% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6220 | −0.130% | $2.2M | $669K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6330 | +0.108% | $85K | $40K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6280 | 0.000% | $747K | $241K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6310 | +0.065% | $516K | $36K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6310 | +0.065% | $485K | $215K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDTlong | +0.0100% | 8h | 4.6280 | long leg | — | $2.4M | — | |
| Extended KSM-USDshort | +0.0104% | 1h | 4.6276 | −0.008% | $78K | $318K | 5x |