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: KuCoin against Binance−0.130%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$912as in the Funding arb table
Net, price: spread back to 7d avg − costs−$948as in the Price arb table
costs, in and out, $10k−$9309.304% of the position
Funding, last 7 days+0.185%+$19 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.130%, 7d avg +0.048%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.179% cheaper against Binance than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance KSMUSDT | 4.5990 | 0.0100 | pay 0.0100% / 8h | 2h 13m | $2.0M | $2.8M | 50x |
| Short | KuCoin KSMUSDTM | 4.5930 | 0.0100 | get 0.0100% / 8h | 2h 13m | $507K | $32K | 30x |
Binance KSMUSDT
KuCoin KSMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.130% → +0.048%
- −$17.86
- Slippage, 4 orders
- −$908.36
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$948.22
- Costs to cover
- 9.304%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 45 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, 6 min ago | 3.27 bp | 21.3 bp −$21 | 67.8 bp −$678 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 45 min ago | 21.77 bp | 450.5 bp −$450 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_KSMUSD | −0.0490% | 1h | 4.6042 | +0.113% | $37K | $1K | 20x | as long as short |
| OKX KSM-USDT-SWAP | −0.0408% | 4h | 4.5930 | −0.130% | $758K | $642K | 20x | as long as short |
| Variational Omni KSM | −0.0399% | 8h | 4.5872 | −0.256% | $451K | $37K | — | as long as short |
| Binance KSMUSDTlong | +0.0100% | 8h | 4.5990 | long leg | $2.0M | $2.8M | 50x | |
| Bybit KSMUSDT | +0.0100% | 8h | 4.5890 | −0.217% | $2.2M | $665K | 50x | as long as short |
| Gate KSM_USDT | +0.0100% | 8h | 4.5930 | −0.130% | $84K | $38K | 33x | as long as short |
| MEXC KSM_USDT | +0.0100% | 8h | 4.5990 | 0.000% | $733K | $241K | 20x | as long as short |
| KuCoin KSMUSDTMshort | +0.0100% | 8h | 4.5930 | −0.130% | $507K | $32K | 30x | |
| Bitget KSMUSDT | +0.0100% | 8h | 4.5930 | −0.130% | $480K | $204K | 50x | as long as short |
| BingX KSM-USDT | +0.0100% | 8h | 4.5950 | −0.087% | — | $2.4M | — | as long as short |
Kraken Futures PF_KSMUSD
OKX KSM-USDT-SWAP
Variational Omni KSM
Bybit KSMUSDT
Gate KSM_USDT
MEXC KSM_USDT
Bitget KSMUSDT
BingX KSM-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended KSM-USD | +0.0104% | 1h | 4.5966 | −0.053% | $77K | $424K | 5x | as long as short |
| BloFin KSM-USDT | +0.0112% | 8h | 4.5960 | −0.065% | $109K | $18K | 50x | as long as short |
Extended KSM-USD
BloFin KSM-USDT