Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against Binance+0.043%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1011.014% of the position
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.043%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.037% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.6120 | 0.0100 | pay 0.0100% / 8h | 1h 22m | $2.0M | $2.8M | 50x |
| Short | Bitget KSMUSDT | 4.6140 | 0.0100 | get 0.0100% / 8h | 1h 22m | $494K | $239K | 50x |
Binance KSMUSDT
Bitget KSMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.043% → +0.006%
- $3.74
- Slippage, 4 orders
- −$79.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$97.68
- Costs to cover
- 1.014%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 57 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, 13 min ago | 1.08 bp | 19.7 bp −$20 | 63.7 bp −$637 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 4.32 bp | 39.1 bp −$39 | 102.1 bp −$1,021 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KSM | −0.0567% | 8h | 4.6009 | −0.240% | $452K | $40K | — | as long as short |
| Kraken Futures PF_KSMUSD | −0.0429% | 1h | 4.6177 | +0.125% | $37K | $5K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0100% | 4h | 4.6070 | −0.108% | $756K | $653K | 20x | as long as short |
| BloFin KSM-USDT | +0.0094% | 8h | 4.6060 | −0.130% | $113K | $19K | 50x | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.6120 | long leg | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.6060 | −0.130% | $2.2M | $719K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.6150 | +0.065% | $89K | $41K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.6090 | −0.065% | $720K | $250K | 20x | as long as short |
| KuCoin KSMUSDTM | +0.0100% | 8h | 4.6180 | +0.130% | $515K | $52K | 30x | as long as short |
| Bitget KSMUSDTshort | +0.0100% | 8h | 4.6140 | +0.043% | $494K | $239K | 50x |
Variational Omni KSM
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
BloFin KSM-USDT
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
KuCoin KSMUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX KSM-USDT | +0.0100% | 8h | 4.6070 | −0.108% | — | $2.4M | — | as long as short |
| Extended KSM-USD | +0.0104% | 1h | 4.6101 | −0.041% | $77K | $260K | 5x | as long as short |
BingX KSM-USDT
Extended KSM-USD