Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%
Price spread now: BingX against Binance−0.108%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.108%, 7d avg −0.036%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.071% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6440 | 0.0100 | pay 0.0100% / 8h | 46m 55s | $2.0M | $2.7M | 50x |
| Short | BingX KSM-USDT | 4.6390 | 0.0100 | get 0.0100% / 8h | 46m 55s | — | $2.3M | — |
Binance KSMUSDT
BingX KSM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. 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
- Price spread: −0.108% → −0.036%
- −$7.15
- Slippage, 4 orders
- −$79.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$106.25
- Costs to cover
- 0.991%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; BingX: live order book, 1 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 Binance live order book, 3 min ago | 2.16 bp | 18.4 bp −$18 | 64.2 bp −$642 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 8.62 bp | 27.1 bp −$27 | 65.9 bp −$659 | 583.8 bp −$58.4K | 1057.9 bp −$529.0K |
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 | −0.0391% | 1h | 4.6465 | +0.055% | $37K | $1K | 20x | as long as short |
| Variational Omni KSM | −0.0261% | 8h | 4.6276 | −0.353% | $456K | $37K | — | as long as short |
| OKX KSM-USDT-SWAP | +0.0026% | 4h | 4.6380 | −0.129% | $769K | $639K | 20x | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6440 | long leg | $2.0M | $2.7M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6430 | −0.022% | $2.2M | $709K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6420 | −0.043% | $85K | $31K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6440 | 0.000% | $732K | $246K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6440 | 0.000% | $513K | $31K | 30x | as long as short |
| Bitget KSMUSDT | +0.0100% | 8h | 4.6400 | −0.086% | $483K | $185K | 50x | as long as short |
| BingX KSM-USDTshort | +0.0100% | 8h | 4.6390 | −0.108% | — | $2.3M | — |
Kraken Futures PF_KSMUSD
Variational Omni KSM
OKX KSM-USDT-SWAP
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTM
Bitget KSMUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.6427 | −0.027% | $78K | $428K | 5x | as long as short |
| BloFin KSM-USDT | +0.0117% | 8h | 4.6400 | −0.086% | $111K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT