Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.007%
Price spread now: Bybit against Extended+0.263%7-day average −0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1391.386% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.263%, 7d avg −0.061%
=Together, before fees+0.091%+ Points / potential airdropExtended: Active · farm board+$9 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: Bybit is 0.325% dearer against Extended than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6298 | 0.0104 | pay 0.0013% / 1h | 4m 27s | $83K | $395K | 5x |
| Short | Bybit KSMUSDT | 4.6420 | 0.0100 | get 0.0100% / 8h | 1h 04m | $2.2M | $712K | 50x |
Extended KSM-USD
Bybit KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.263% → −0.061%
- $32.49
- Slippage, 4 orders
- −$122.6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$106.95
- Costs to cover
- 1.386%
- Break-even
- never at this rate
Slippage from Extended: live order book, 38 min ago; Bybit: live order book, 2 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, 38 min ago | 4.13 bp | 28.5 bp −$29 | 225.2 bp −$2,252 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 5.40 bp | 24.8 bp −$25 | 135.0 bp −$1,350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0698% | 1h | 4.6414 | +0.250% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0299% | 8h | 4.6317 | +0.041% | $455K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | −0.0005% | 4h | 4.6300 | +0.004% | $768K | $639K | 20x | as long as short |
| BloFin KSM-USDT | +0.0092% | 8h | 4.6320 | +0.047% | $110K | $18K | 50x | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6290 | −0.017% | $2.0M | $2.7M | 50x | as long as short |
| Bybit KSMUSDTshort | +0.0100% | 8h | 4.6420 | +0.263% | $2.2M | $712K | 50x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6380 | +0.177% | $85K | $36K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6300 | +0.004% | $729K | $242K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6330 | +0.069% | $512K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6440 | +0.307% | $484K | $187K | 50x | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Binance 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 | 4.6290 | −0.017% | — | $2.4M | — | as long as short |
| Extended KSM-USDlong | +0.0104% | 1h | 4.6298 | long leg | $83K | $395K | 5x |
BingX KSM-USDT