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

KSM

all KSM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.083%
Price spread now: KuCoin against OKX−0.108%7-day average +0.123% · you buy dearer than you sell
Net, funding: paid 7d − costs−$802as in the Funding arb table
Net, price: spread back to 7d avg − costs−$879as in the Price arb table
costs, in and out, $10k−$8568.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.541%+$54 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.108%, 7d avg +0.123%
Together, before fees+0.611%+$61 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 0.231% cheaper against OKX than usual: you would sell low and buy high, −$23 on $10k if it goes back to its 7-day average of +0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX KSM-USDT-SWAP4.63200.0100pay 0.0050% / 4h10m 07s$769K$630K20x
ShortKuCoin KSMUSDTM4.62700.0100get 0.0100% / 8h10m 07s$511K$29K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
Price spread: −0.108% → +0.123%
−$23.08
Slippage, 4 orders
−$833.74
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$878.83
Costs to cover
8.557%
Break-even
never at this rate
Slippage from OKX: live order book, 26 min ago; KuCoin: live order book, 24 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 OKX live order book, 26 min ago2.16 bp28.8 bp −$293803.4 bp −$38.0Kdoesn't fitdoesn't fit
Sell KuCoin live order book, 24 min ago18.32 bp550.7 bp −$551doesn'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−0.0391%1h4.6421+0.219%$37K$99420xas long as short
Variational Omni KSM−0.0208%8h4.6234−0.185%$454K$36Kas long as short
Binance KSMUSDT+0.0100%8h4.6368+0.103%$2.0M$2.6M50xas long as short
Bybit KSMUSDT+0.0100%8h4.6300−0.043%$2.2M$682K50xas long as short
OKX KSM-USDT-SWAPlong+0.0100%4h4.6320long leg$769K$630K20x
Gate KSM_USDT+0.0100%8h4.6330+0.022%$85K$31K33xas long as short
MEXC KSM_USDT+0.0100%8h4.6360+0.086%$731K$248K20xas long as short
KuCoin KSMUSDTMshort+0.0100%8h4.6270−0.108%$511K$29K30x
Bitget KSMUSDT+0.0100%8h4.6310−0.022%$482K$182K50xas long as short
BingX KSM-USDT+0.0100%8h4.6310−0.022%$2.3Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended KSM-USD+0.0104%1h4.6337+0.036%$78K$456K5xas long as short
BloFin KSM-USDT+0.0118%8h4.6370+0.108%$110K$18K50xas long as short