Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: Binance against Extended−0.011%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1241.237% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.011%, 7d avg +0.038%
=Together, before fees+0.214%+ Points / potential airdropExtended: Active · farm board+$21 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: Binance is 0.049% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6221 | 0.0104 | pay 0.0013% / 1h | 21m 31s | $78K | $261K | 5x |
| Short | Binance KSMUSDT | 4.6216 | 0.0100 | get 0.0100% / 8h | 21m 31s | $2.0M | $2.9M | 50x |
Extended KSM-USD
Binance KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Extended. 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: −0.011% → +0.038%
- −$4.88
- Slippage, 4 orders
- −$108.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$129.43
- Costs to cover
- 1.237%
- Break-even
- never at this rate
Slippage from Extended: live order book, 56 min ago; Binance: live order book, 14 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 Extended live order book, 56 min ago | 3.47 bp | 44.1 bp −$44 | 265.1 bp −$2,651 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 2.16 bp | 22.2 bp −$22 | 65.3 bp −$653 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0567% | 8h | 4.6190 | −0.067% | $454K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0354% | 1h | 4.6264 | +0.094% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0197% | 4h | 4.6190 | −0.067% | $756K | $658K | 20x | as long as short |
| BloFin KSM-USDT | +0.0074% | 8h | 4.6210 | −0.023% | $114K | $19K | 50x | as long as short |
| Binance KSMUSDTshort | +0.0100% | 8h | 4.6216 | −0.011% | $2.0M | $2.9M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6170 | −0.110% | $2.2M | $716K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6190 | −0.067% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6210 | −0.023% | $763K | $245K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6190 | −0.067% | $515K | $52K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6210 | −0.023% | $493K | $238K | 50x | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
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-USDT | +0.0100% | 8h | 4.6180 | −0.088% | — | $2.4M | — | as long as short |
| Extended KSM-USDlong | +0.0104% | 1h | 4.6221 | long leg | $78K | $261K | 5x |
BingX KSM-USDT