Settings8H · net · $10k
Funding arb · Price arb /

KSM

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0492%/8h= +53.8% APRpaid last 24h +0.183%
Price spread now: Gate against Kraken Futures−0.161%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Gate is 0.161% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 26 hours of funding at the current rate (+$15 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_KSMUSD4.6364−0.0392get 0.0049% / 1h11m 36s$37K$99420x
ShortGate KSM_USDT4.62900.0100get 0.0100% / 8h11m 36s$85K$31K33x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Kraken Futures. 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
$103.25
Price spread: −0.161% → 0.000%
−$16.07
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$62.19
Costs to cover
0.250%
Break-even
2.8 days
Slippage unknown: Kraken Futures: no order-book sample; Gate: 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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Gate no order-book sample
Kraken Futures and Gate: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_KSMUSDlong−0.0392%1h4.6364long leg$37K$99420x
Variational Omni KSM−0.0229%8h4.6223−0.306%$455K$36Kas long as short
OKX KSM-USDT-SWAP+0.0087%4h4.6340−0.053%$769K$630K20xas long as short
Binance KSMUSDT+0.0100%8h4.6310−0.118%$2.0M$2.6M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6290−0.161%$2.2M$682K50xas long as short
Gate KSM_USDTshort+0.0100%8h4.6290−0.161%$85K$31K33x
MEXC KSM_USDT+0.0100%8h4.6320−0.096%$730K$248K20xas long as short
KuCoin KSMUSDTM+0.0100%8h4.6340−0.053%$512K$29K30xas long as short
Bitget KSMUSDT+0.0100%8h4.6300−0.139%$482K$182K50xas long as short
BingX KSM-USDT+0.0100%8h4.6310−0.118%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USD+0.0104%1h4.6308−0.122%$78K$456K5xas long as short
BloFin KSM-USDT+0.0105%8h4.6370+0.012%$110K$18K50xas long as short