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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0005%/8h= +0.6% APRpaid last 24h +0.001%
Price spread now: BloFin against Extended+0.135%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1231.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.144%+$14 on $10k
Price spread, last 4 days (all we have)−0.796%−$80 · spread now +0.135%, 7d avg +0.019%
Together, before fees−0.652%+ Points / potential airdropExtended: Active · farm board−$65 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: BloFin is 0.116% dearer against Extended than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KSM-USD4.61970.0104pay 0.0013% / 1h42m 21s$77K$458K5x
ShortBloFin KSM-USDT4.62600.0109get 0.0109% / 8h7h 42m$110K$18K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$1.13
Price spread: +0.135% → +0.019%
$11.63
Slippage, 4 orders
−$106.42
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$110.66
Costs to cover
1.234%
Break-even
692.9 days
Slippage from Extended: live order book, 55 min ago; BloFin: live order book, 13 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, 55 min ago4.43 bp48.0 bp −$48261.1 bp −$2,611doesn't fitdoesn't fit
Sell BloFin live order book, 13 min ago6.49 bp17.3 bp −$1749.4 bp −$494doesn'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−0.0284%1h4.6295+0.211%$37K$99420xas long as short
Variational Omni KSM−0.0177%8h4.6272+0.162%$455K$32Kas long as short
Binance KSMUSDT+0.0100%8h4.6230+0.071%$2.0M$2.6M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6200+0.006%$2.2M$667K50xas long as short
OKX KSM-USDT-SWAP+0.0100%4h4.6220+0.049%$767K$621K20xas long as short
Gate KSM_USDT+0.0100%8h4.6290+0.200%$85K$30K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6200+0.006%$728K$244K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6240+0.092%$511K$27K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6230+0.071%$481K$180K50xas long as short
BingX KSM-USDT+0.0100%8h4.6240+0.092%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USDlong+0.0104%1h4.6197long leg$77K$458K5x
BloFin KSM-USDTshort+0.0109%8h4.6260+0.135%$110K$18K50x