Spread before costs (cost unknown: a leg has no order-book sample)−0.174%
7d average—if it closes, per $10,000$17funding while held, a day+$3.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_KSMUSD | 4.5590 | −0.0025 | get 0.0003% / 1h | 7m 46s | $36K | $6K | 20x |
| Short | Bybit KSMUSDT | 4.5510 | 0.0100 | get 0.0100% / 8h | 6h 07m | $2.2M | $813K | 50x |
Kraken Futures PF_KSMUSD
Bybit KSMUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.45
- Funding while held
- $3.74
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.7
- Spread needed to break even
- 0.210%
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, just now. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0125%
- Per $10,000 a day
- +$3.74
- Average in range /8h
- —
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, just now | 3.30 bp | 27.9 bp −$28 | 136.2 bp −$1,362 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.
Extended
BloFin
MEXC
Binance
BingX
Variational Omni
Gate
Bitget
OKX
KuCoinKSM on 12 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended KSM-USD | −0.231% | +0.0056% | 1h | $75K | $289K | 5x | as long as short |
| BloFin KSM-USDT | −0.196% | +0.0081% | 8h | $117K | $21K | 50x | as long as short |
| Bybit KSMUSDTshort | −0.174% | +0.0100% | 8h | $2.2M | $813K | 50x | |
| MEXC KSM_USDT | −0.174% | +0.0056% | 8h | $727K | $258K | 20x | as long as short |
| Binance KSMUSDT | −0.153% | +0.0053% | 8h | $2.0M | $3.3M | 50x | as long as short |
| BingX KSM-USDT | −0.153% | +0.0100% | 8h | — | $2.4M | — | as long as short |
| Variational Omni KSM | −0.133% | −0.0512% | 8h | $448K | $55K | — | as long as short |
| Gate KSM_USDT | −0.131% | +0.0100% | 8h | $89K | $42K | 33x | as long as short |
| Bitget KSMUSDT | −0.131% | +0.0100% | 8h | $487K | $273K | 50x | as long as short |
| OKX KSM-USDT-SWAP | −0.087% | −0.0371% | 4h | $743K | $731K | 20x | as long as short |
Show all 12 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin KSMUSDTM | −0.087% | +0.0100% | 8h | $512K | $53K | 30x | as long as short |
| Kraken Futures PF_KSMUSDlong | 0.000% | −0.0025% | 1h | $36K | $6K | 20x |