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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.008%
Price spread now: Extended against Bybit+0.193%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1361.359% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.362%−$36 on $10k
Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.193%, 7d avg +0.061%
Together, before fees−0.547%+ Points / potential airdropExtended: Active · farm board−$55 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: Extended is 0.132% dearer against Bybit than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit KSMUSDT4.63400.0100pay 0.0100% / 8h7h 28m$2.2M$701K50x
ShortExtended KSM-USD4.64290.0104get 0.0013% / 1h28m 54s$80K$443K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: +0.193% → +0.061%
$13.19
Slippage, 4 orders
−$119.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$121.88
Costs to cover
1.359%
Break-even
1022.7 days
Slippage from Bybit: live order book, 3 min ago; Extended: live order book, 43 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 Bybit live order book, 3 min ago4.31 bp26.8 bp −$27142.3 bp −$1,423doesn't fitdoesn't fit
Sell Extended live order book, 43 min ago3.25 bp42.4 bp −$42282.2 bp −$2,822doesn'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−0.0488%8h4.6433+0.200%$456K$40Kas long as short
Kraken Futures PF_KSMUSD−0.0429%1h4.6463+0.266%$37K$5K20xas long as short
OKX KSM-USDT-SWAP−0.0030%4h4.6370+0.065%$761K$656K20xas long as short
BloFin KSM-USDT+0.0074%8h4.6540+0.432%$114K$18K50xas long as short
Binance KSMUSDT+0.0100%8h4.6410+0.151%$2.0M$2.8M50xas long as short
Bybit KSMUSDTlong+0.0100%8h4.6340long leg$2.2M$701K50x
Gate KSM_USDT+0.0100%8h4.6460+0.259%$89K$38K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6410+0.151%$780K$245K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6420+0.173%$519K$51K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6430+0.194%$498K$227K50xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDT+0.0100%8h4.6390+0.108%$2.4Mas long as short
Extended KSM-USDshort+0.0104%1h4.6429+0.193%$80K$443K5x