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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.013%
Price spread now: Bitget against Extended+0.094%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1341.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.190%+$19 on $10k
Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.094%, 7d avg +0.029%
Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 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: Bitget is 0.065% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KSM-USD4.62660.0104pay 0.0013% / 1h28m 31s$78K$318K5x
ShortBitget KSMUSDT4.63100.0100get 0.0100% / 8h3h 28m$485K$215K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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: +0.094% → +0.029%
$6.54
Slippage, 4 orders
−$116.78
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$128.08
Costs to cover
1.338%
Break-even
never at this rate
Slippage from Extended: live order book, 24 min ago; Bitget: live order book, 21 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 Extended live order book, 24 min ago3.23 bp33.5 bp −$33231.5 bp −$2,315doesn't fitdoesn't fit
Sell Bitget live order book, 21 min ago5.39 bp32.9 bp −$3393.0 bp −$930doesn'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
Kraken Futures PF_KSMUSD−0.0526%1h4.6321+0.117%$37K$1K20xas long as short
Variational Omni KSM−0.0309%8h4.6282+0.033%$455K$38Kas long as short
OKX KSM-USDT-SWAP−0.0254%4h4.6230−0.079%$752K$631K20xas long as short
BloFin KSM-USDT+0.0090%8h4.6230−0.079%$111K$18K50xas long as short
Binance KSMUSDT+0.0100%8h4.6280+0.029%$2.0M$2.7M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6250−0.036%$2.2M$669K50xas long as short
Gate KSM_USDT+0.0100%8h4.6320+0.116%$85K$40K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6280+0.029%$747K$241K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6310+0.094%$516K$36K30xas long as short
Bitget KSMUSDTshort+0.0100%8h4.6310+0.094%$485K$215K50x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX KSM-USDT+0.0100%8h4.6280+0.029%$2.4Mas long as short
Extended KSM-USDlong+0.0104%1h4.6266long leg$78K$318K5x