Funding you earn now, next payment 21:00 UTC−0.0581%/8h= −63.6% APRnext payment −$0.73 per $10,000 · paid last 24h +0.136%
Price spread now: Kraken Futures against Extended+0.132%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Kraken Futures is 0.132% dearer against Extended than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6273 | 0.0032 | pay 0.0004% / 1h | 30m 28s | $77K | $260K | 5x |
| Short | Kraken Futures PF_KSMUSD | 4.6334 | −0.0549 | pay 0.0069% / 1h | 30m 28s | $37K | $6K | 20x |
Extended KSM-USD
Kraken Futures PF_KSMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$121.92
- Price spread: +0.132% → 0.000%
- $13.23
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$123.69
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 17 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 17 min ago | 3.49 bp | 50.7 bp −$51 | 283.7 bp −$2,837 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0673% | 8h | 4.6229 | −0.094% | $453K | $41K | — | as long as short |
| Kraken Futures PF_KSMUSDshort | −0.0549% | 1h | 4.6334 | +0.132% | $37K | $6K | 20x | |
| OKX KSM-USDT-SWAP | −0.0167% | 4h | 4.6290 | +0.037% | $760K | $675K | 20x | as long as short |
| MEXC KSM_USDT | +0.0028% | 8h | 4.6280 | +0.015% | $722K | $247K | 20x | as long as short |
| Binance KSMUSDT | +0.0031% | 8h | 4.6310 | +0.080% | $2.0M | $3.0M | 50x | as long as short |
| Extended KSM-USDlong | +0.0032% | 1h | 4.6273 | long leg | $77K | $260K | 5x | |
| BloFin KSM-USDT | +0.0037% | 8h | 4.6240 | −0.071% | $114K | $19K | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6240 | −0.071% | $2.2M | $759K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6280 | +0.015% | $90K | $42K | 33x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6300 | +0.058% | $516K | $54K | 30x | as long as short |
Variational Omni KSM
OKX KSM-USDT-SWAP
MEXC KSM_USDT
Binance KSMUSDT
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget KSMUSDT | +0.0100% | 8h | 4.6280 | +0.015% | $495K | $248K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6260 | −0.028% | — | $2.4M | — | as long as short |
Bitget KSMUSDT
BingX KSM-USDT