Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.051%
Price spread now: Extended against OKX−0.049%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1441.438% of the position
Funding, last 7 days+0.205%+$21 on $10k
+Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.049%, 7d avg +0.034%
=Together, before fees+0.214%+ Points / potential airdropExtended: Active · farm board+$21 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: Extended is 0.083% cheaper against OKX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX KSM-USDT-SWAP | 4.6220 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $767K | $621K | 20x |
| Short | Extended KSM-USD | 4.6197 | 0.0104 | get 0.0013% / 1h | 42m 20s | $77K | $458K | 5x |
OKX KSM-USDT-SWAP
Extended KSM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. 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
- $0.84
- Price spread: −0.049% → +0.034%
- −$8.34
- Slippage, 4 orders
- −$128.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$151.27
- Costs to cover
- 1.438%
- Break-even
- 1267.6 days
Slippage from OKX: live order book, 54 min ago; Extended: live order book, 55 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 OKX live order book, 54 min ago | 2.16 bp | 28.8 bp −$29 | 3803.4 bp −$38.0K | doesn't fit | doesn't fit |
| Sell Extended live order book, 55 min ago | 4.43 bp | 37.4 bp −$37 | 262.4 bp −$2,624 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0284% | 1h | 4.6295 | +0.162% | $37K | $994 | 20x | as long as short |
| Variational Omni KSM | −0.0177% | 8h | 4.6272 | +0.113% | $455K | $32K | — | as long as short |
| Binance KSMUSDT | +0.0100% | 8h | 4.6230 | +0.022% | $2.0M | $2.6M | 50x | as long as short |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6200 | −0.043% | $2.2M | $667K | 50x | as long as short |
| OKX KSM-USDT-SWAPlong | +0.0100% | 4h | 4.6220 | long leg | $767K | $621K | 20x | |
| Gate KSM_USDT | +0.0100% | 8h | 4.6290 | +0.151% | $85K | $30K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6200 | −0.043% | $728K | $244K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6240 | +0.043% | $511K | $27K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6230 | +0.022% | $481K | $180K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.6240 | +0.043% | — | $2.3M | — | as long as short |
Kraken Futures PF_KSMUSD
Variational Omni KSM
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 | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USDshort | +0.0104% | 1h | 4.6197 | −0.049% | $77K | $458K | 5x | |
| BloFin KSM-USDT | +0.0109% | 8h | 4.6260 | +0.087% | $110K | $18K | 50x | as long as short |
BloFin KSM-USDT