Kusama funding rate: crowded long or short?
According to EnsoTrade, KSM funding is -0.0010%/8h — shorts are paying longs (-0.0010%/8h), a crowded-short tilt.
Source: EnsoTrade · as of 2026-08-30T08:20:00Z · 15-min delayed (real-time free with a 3-day trial).
KSM funding & positioning
| Funding rate (8h) | -0.00102% |
|---|
| Crowding | shorts are paying longs (-0.0010%/8h), a crowded-short tilt |
|---|
| Open interest | $520,475 |
|---|
| Perp basis | -0.1663% |
|---|
See Kusama funding live on EnsoTrade →
How to read Kusama funding
A positive funding rate means Kusama longs pay shorts (crowded long); negative means shorts pay longs (crowded short). Pair it with order flow and why Kusama is moving: crowding only matters when price stops rewarding the crowd.
FAQ
- What is the Kusama funding rate right now?
- According to EnsoTrade, KSM funding is -0.0010%/8h — shorts are paying longs (-0.0010%/8h), a crowded-short tilt.
- Is Kusama crowded long or short?
- Kusama: shorts are paying longs (-0.0010%/8h), a crowded-short tilt.
- What is Kusama perp basis?
- Kusama perp basis is -0.1663% (futures below spot, fear or short demand).
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