KSM funding rates

KSM perpetual funding is currently quoted across 3 venues, ranging from -214.4% to -5.3% APR. The most reliable delta-neutral pairing for KSM right now is long Variational / short Extended at +35.7% net APR (high risk, ~1.4d to break even).

as of 2026-09-12 05:44 UTC
Best delta-neutral pairing
Long Variational / Short Extended
+35.7% net APR
Backtested (30d)
+20.0%
Stability
99.4%
Risk
high
Breakeven
~1.4d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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KSM funding by exchange

ExchangeFunding APR
Extended-5.26%
Variational-50.25%
Kraken-214.40%

Frequently asked

What is the KSM funding rate right now?

KSM perpetual funding ranges from -214.40% to -5.26% APR across 3 exchanges we track; the widest delta-neutral spread is long Variational / short Extended at 35.7% net APR.

Which exchange has the highest KSM funding rate?

Extended currently has the highest at -5.26% APR. See the full ranking above.