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: KuCoin against BingX+0.130%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$482as in the Funding arb table
Net, price: spread back to 7d avg − costs−$477as in the Price arb table
costs, in and out, $10k−$4814.810% 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)−0.061%−$6 · spread now +0.130%, 7d avg +0.092%
Together, before fees−0.073%−$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: KuCoin is 0.038% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX KSM-USDT4.63300.0100pay 0.0100% / 8h7h 52m$2.4M
ShortKuCoin KSMUSDTM4.63900.0100get 0.0100% / 8h7h 52m$517K$52K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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: +0.130% → +0.092%
$3.76
Slippage, 4 orders
−$458.98
Fee BingX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$477.22
Costs to cover
4.810%
Break-even
never at this rate
Slippage from BingX: live order book, 16 min ago; KuCoin: live order book, 70 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 BingX live order book, 16 min ago7.56 bp27.2 bp −$2756.0 bp −$560772.8 bp −$77.3K1200.3 bp −$600.1K
Sell KuCoin live order book, 70 min ago24.87 bp258.5 bp −$258doesn'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−0.0528%8h4.6444+0.245%$456K$40Kas long as short
Kraken Futures PF_KSMUSD−0.0430%1h4.6428+0.212%$37K$5K20xas long as short
OKX KSM-USDT-SWAP−0.0139%4h4.6340+0.022%$759K$659K20xas long as short
Binance KSMUSDT+0.0100%8h4.6350+0.043%$2.0M$2.8M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6320−0.022%$2.2M$716K50xas long as short
Gate KSM_USDT+0.0100%8h4.6380+0.108%$89K$38K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6360+0.065%$763K$240K20xas long as short
KuCoin KSMUSDTMshort+0.0100%8h4.6390+0.130%$517K$52K30x
Bitget KSMUSDT+0.0100%8h4.6380+0.108%$496K$233K50xas long as short
BingX KSM-USDTlong+0.0100%8h4.6330long leg$2.4M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USD+0.0104%1h4.6340+0.021%$78K$257K5xas long as short
BloFin KSM-USDT+0.0122%8h4.63300.000%$113K$19K50xas long as short