Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.054%
Price spread now: OKX against Extended−0.103%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1331.328% of the position
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.103%, 7d avg −0.036%
=Together, before fees−0.111%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and OKX is 0.067% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended KSM-USD | 4.6558 | 0.0104 | pay 0.0013% / 1h | 4m 15s | $80K | $325K | 5x |
| Short | OKX KSM-USDT-SWAP | 4.6510 | 0.0037 | get 0.0019% / 4h | 3h 04m | $762K | $673K | 20x |
Extended KSM-USD
OKX KSM-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$13.99
- Price spread: −0.103% → −0.036%
- −$6.7
- Slippage, 4 orders
- −$117.79
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$153.47
- Costs to cover
- 1.328%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; OKX: 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, 3 min ago | 3.66 bp | 31.3 bp −$31 | 222.3 bp −$2,223 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.23 bp | 26.0 bp −$26 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0431% | 8h | 4.6376 | −0.390% | $457K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0428% | 1h | 4.6563 | +0.012% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAPshort | +0.0037% | 4h | 4.6510 | −0.103% | $762K | $673K | 20x | |
| Binance KSMUSDT | +0.0100% | 8h | 4.6568 | +0.022% | $2.0M | $2.8M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6500 | −0.124% | $2.2M | $696K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6540 | −0.038% | $89K | $39K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6570 | +0.026% | $771K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6570 | +0.026% | $521K | $49K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6580 | +0.048% | $498K | $229K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6570 | +0.026% | — | $2.4M | — | as long as short |
Variational Omni KSM
Kraken Futures PF_KSMUSD
Binance KSMUSDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin KSM-USDT | +0.0101% | 8h | 4.6470 | −0.189% | $113K | $19K | 50x | as long as short |
| Extended KSM-USDlong | +0.0104% | 1h | 4.6558 | long leg | $80K | $325K | 5x |
BloFin KSM-USDT