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−0.0004%/8h= −0.4% APRpaid last 24h +0.005%
Price spread now: KuCoin against Extended+0.018%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$573as in the Funding arb table
Net, price: spread back to 7d avg − costs−$613as in the Price arb table
costs, in and out, $10k−$6066.058% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.331%+$33 on $10k
Price spread, last 4 days (all we have)−0.390%−$39 · spread now +0.018%, 7d avg +0.087%
Together, before fees−0.059%+ Points / potential airdropExtended: Active · farm board−$6 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: KuCoin is 0.069% cheaper against Extended than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended KSM-USD4.65910.0104pay 0.0013% / 1h17m 17s$81K$463K5x
ShortKuCoin KSMUSDTM4.66000.0100get 0.0100% / 8h7h 17m$515K$26K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.018% → +0.087%
−$6.92
Slippage, 4 orders
−$588.83
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$613.59
Costs to cover
6.058%
Break-even
never at this rate
Slippage from Extended: live order book, 15 min ago; KuCoin: live order book, 6 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, 15 min ago2.61 bp36.3 bp −$36245.3 bp −$2,453doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago18.36 bp372.0 bp −$372doesn't fitdoesn'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−0.0282%1h4.6604+0.026%$37K$99420xas long as short
Variational Omni KSM−0.0179%8h4.6368−0.479%$457K$26Kas long as short
Binance KSMUSDT+0.0100%8h4.65920.000%$2.0M$2.6M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6520−0.153%$2.2M$641K50xas long as short
OKX KSM-USDT-SWAP+0.0100%4h4.6550−0.089%$773K$622K20xas long as short
Gate KSM_USDT+0.0100%8h4.6520−0.153%$85K$30K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6580−0.025%$738K$247K20xas long as short
KuCoin KSMUSDTMshort+0.0100%8h4.6600+0.018%$515K$26K30x
Bitget KSMUSDT+0.0100%8h4.6560−0.068%$484K$178K50xas long as short
BingX KSM-USDT+0.0100%8h4.6560−0.068%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USDlong+0.0104%1h4.6591long leg$81K$463K5x
BloFin KSM-USDT+0.0110%8h4.6460−0.282%$110K$18K50xas long as short